Notable companies
The most notable companies in this group are Chord Energy Corp (NASDAQ:CHRD), KB Home (NYSE:KBH).
Industry description
The investment seeks to outperform the results (before fees and expenses) of the broader U.S. stock market when Momentum is in favor.
The fund, an actively managed exchange traded fund (ETF), invests at least 80% of its net assets plus any borrowings for investment purposes in midcap stocks. The Adviser defines midcap companies to be those that are the second largest 10% of the U.S.equity market.
Market Cap
The average market capitalization across the Inspire Momentum ETF ETF is 8.8B. The market cap for tickers in the group ranges from 2.54B to 22.95B. EME holds the highest valuation in this group at 22.95B. The lowest valued company is ARCB at 2.54B.
High and low price notable news
The average weekly price growth across all stocks in the Inspire Momentum ETF ETF was -4%. For the same ETF, the average monthly price growth was -2%, and the average quarterly price growth was 4%. RGA experienced the highest price growth at 4%, while ACLS experienced the biggest fall at -14%.
Volume
The average weekly volume growth across all stocks in the Inspire Momentum ETF ETF was 3%. For the same stocks of the ETF, the average monthly volume growth was 35% and the average quarterly volume growth was 47%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 60
P/E Growth Rating: 48
Price Growth Rating: 52
SMR Rating: 50
Profit Risk Rating: 32
Seasonality Score: 3 (-100 ... +100)