Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Suncor Energy (NYSE:SU).
Industry description
The investment seeks long-term capital appreciation.
The fund invests at least 80% of its net assets in publicly-traded equity securities of alternative energy companies (both U.S. and non-U.S.). It will invest in alternative energy companies including companies that generate power through solar, wind, hydroelectric, tidal wave, geothermal, biomass or biofuels and the various companies that provide the equipment and technologies that enable these sources to be tapped, used, stored or transported, including companies that create, facilitate or improve technologies that conserve or enable more efficient use of energy.
Market Cap
The average market capitalization across the Guinness Atkinson Alternative Energy MF is 66.35B. The market cap for tickers in the group ranges from 4.24B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is ITRI at 4.24B.
Volume
The average weekly volume growth across all stocks in the Guinness Atkinson Alternative Energy MF was -8%. For the same stocks of the MF, the average monthly volume growth was 35% 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: 71
P/E Growth Rating: 50
Price Growth Rating: 34
SMR Rating: 47
Profit Risk Rating: 27
Seasonality Score: -45 (-100 ... +100)