Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Dominion Energy (NYSE:D).
Industry description
The investment seeks to generate long-term total return derived principally from a combination of capital appreciation and income over time.
The fund will invest at least 80% of its total assets in equity securities of renewable infrastructure companies, which consist of companies deriving at least 50% of revenues from activities in power generation, transmission, distribution, storage and ancillary or related services. It may invest up to 15% of its total assets in debt securities, including but not limited to debt securities issued or guaranteed by the U.S. government or government-related entities. The fund is non-diversified.
Market Cap
The average market capitalization across the Ecofin Global Renewables Infras Ins MF is 31.12B. The market cap for tickers in the group ranges from 2.17B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is AY at 2.17B.
Volume
The average weekly volume growth across all stocks in the Ecofin Global Renewables Infras Ins MF was -26%. For the same stocks of the MF, the average monthly volume growth was 45% and the average quarterly volume growth was -6%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 47
Price Growth Rating: 31
SMR Rating: 78
Profit Risk Rating: 61
Seasonality Score: -45 (-100 ... +100)