The most notable companies in this group are Suncor Energy (NYSE:SU), ON Semiconductor Corp (NASDAQ:ON).
The investment seeks long-term capital appreciation.
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in publicly-traded equity securities of alternative energy companies (both U.S. and non-U.S.). The Advisor will invest the fund’s assets in securities of all market capitalization companies, but under normal market conditions, it will invest in companies with a minimum market capitalization of $500 milllion. The fund may invest in companies economically tied to U.S. and to foreign countries, including, potentially, companies domiciled or traded in emerging markets.
The average market capitalization across the Guinness Atkinson Alternative Energy MF is 30.46B. The market cap for tickers in the group ranges from 17.05B to 86B. ETN holds the highest valuation in this group at 86B. The lowest valued company is HUBB at 17.05B.
The average weekly volume growth across all stocks in the Guinness Atkinson Alternative Energy MF was -2%. For the same stocks of the MF, the average monthly volume growth was 42% 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: 72
P/E Growth Rating: 66
Price Growth Rating: 59
SMR Rating: 62
Profit Risk Rating: 52
Seasonality Score: -18 (-100 ... +100)