Notable companies
The most notable companies in this group are SolarEdge Technologies (NASDAQ:SEDG), Canadian Solar (NASDAQ:CSIQ).
Industry description
The investment seeks high total return.
Under normal market conditions, the fund invests at least 80% of its assets in companies in "climate change-related industries". The advisor considers "climate change-related industries" to include clean energy, batteries and storage, electric grid, energy efficiency, recycling and pollution control, agriculture, water, and businesses that service such industries. The fund is permitted to invest directly and indirectly in equities of companies tied economically to any country in the world, including emerging countries.
Market Cap
The average market capitalization across the GMO Climate Change III MF is 2.92B. The market cap for tickers in the group ranges from 521.73M to 7.43B. DAR holds the highest valuation in this group at 7.43B. The lowest valued company is AMRC at 521.73M.
Volume
The average weekly volume growth across all stocks in the GMO Climate Change III MF was 11%. For the same stocks of the MF, the average monthly volume growth was 27% and the average quarterly volume growth was 75%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 78
P/E Growth Rating: 39
Price Growth Rating: 84
SMR Rating: 85
Profit Risk Rating: 97
Seasonality Score: -40 (-100 ... +100)