Notable companies
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), Alibaba Group Holding Limited (NYSE:BABA), International Business Machines Corp (NYSE:IBM), Shopify (NYSE:SHOP), Workday (NASDAQ:WDAY), Zscaler (NASDAQ:ZS).
Industry description
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.
Market Cap
The average market capitalization across the Global X Cloud Computing ETF ETF is 267.61B. 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.
High and low price notable news
The average weekly price growth across all stocks in the Global X Cloud Computing ETF ETF was 27%. For the same ETF, the average monthly price growth was 101%, and the average quarterly price growth was 141%. KC experienced the highest price growth at 47%, while FSLY experienced the biggest fall at -11%.
Volume
The average weekly volume growth across all stocks in the Global X Cloud Computing ETF ETF was -23%. For the same stocks of the ETF, the average monthly volume growth was 27% and the average quarterly volume growth was -12%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 62
P/E Growth Rating: 81
Price Growth Rating: 40
SMR Rating: 68
Profit Risk Rating: 65
Seasonality Score: 8 (-100 ... +100)