Notable companies
The most notable companies in this group are StoneCo Ltd (NASDAQ:STNE).
Industry description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the FMQQ The Next Frontier Internet IndexTM (the "index").
The fund invests in securities comprising the index or in depositary receipts representing securities of the index. The index was designed by EMQQ Global LLC to measure the performance of an investable universe of publicly traded emerging market and frontier market internet and ecommerce companies. Under normal circumstances, the fund will invest at least 80% of its net assets in the securities of internet companies. The fund is non-diversified.
Market Cap
The average market capitalization across the FMQQ The Next Frontier Internet ETF ETF is 22.7B. The market cap for tickers in the group ranges from 392.83M to 125.85B. MELI holds the highest valuation in this group at 125.85B. The lowest valued company is CDR at 392.83M.
High and low price notable news
The average weekly price growth across all stocks in the FMQQ The Next Frontier Internet ETF ETF was 2%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 6%. KSPI experienced the highest price growth at 8%, while MELI experienced the biggest fall at -3%.
Volume
The average weekly volume growth across all stocks in the FMQQ The Next Frontier Internet ETF ETF was -16%. For the same stocks of the ETF, the average monthly volume growth was -19% 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: 63
P/E Growth Rating: 56
Price Growth Rating: 47
SMR Rating: 64
Profit Risk Rating: 79
Seasonality Score: 14 (-100 ... +100)