CLOU stock forecast, quote, news & analysis

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Salesforce (NYSE:CRM), Netflix (NASDAQ:NFLX), International Business Machines Corp (NYSE:IBM), Alibaba Group Holding Limited (NYSE:BABA), Shopify (NYSE:SHOP), Workday (NASDAQ:WDAY), Zscaler (NASDAQ:ZS).

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.

The average market capitalization across the Global X Cloud Computing ETF ETF is 273.77B. The market cap for tickers in the group ranges from 672.18M to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is VMEO at 672.18M.

The average weekly price growth across all stocks in the Global X Cloud Computing ETF ETF was 4%. For the same ETF, the average monthly price growth was 15%, and the average quarterly price growth was 31%. KC experienced the highest price growth at 38%, while BOX experienced the biggest fall at -7%.

The average weekly volume growth across all stocks in the Global X Cloud Computing ETF ETF was 55%. For the same stocks of the ETF, the average monthly volume growth was -30% and the average quarterly volume growth was 29%