Industry description
The investment seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Digital India Index (the “Index”).
The fund normally invests at least 80% of its total assets in securities that comprise its benchmark index. The index consists of equity securities of companies involved in supporting the digitalization of the Indian economy. The fund is non-diversified.
Market Cap
The average market capitalization across the VanEck Digital India ETF ETF is 34.09B. The market cap for tickers in the group ranges from 2.19B to 91.42B. INFY holds the highest valuation in this group at 91.42B. The lowest valued company is WNS at 2.19B.
High and low price notable news
The average weekly price growth across all stocks in the VanEck Digital India ETF ETF was -1%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was 13%. INFY experienced the highest price growth at -1%, while MMYT experienced the biggest fall at -9%.
Volume
The average weekly volume growth across all stocks in the VanEck Digital India ETF ETF was 16%. For the same stocks of the ETF, the average monthly volume growth was -28% and the average quarterly volume growth was 17%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 56
Price Growth Rating: 47
SMR Rating: 45
Profit Risk Rating: 45
Seasonality Score: 37 (-100 ... +100)