Notable companies
The most notable companies in this group are SentinelOne (NYSE:S).
Industry description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index").
The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the index. It normally invests at least 80% of its total assets in securities that comprise the index. The index is a portfolio of companies that have recently completed an initial public offering ("IPO") and are listed on a U.S. exchange. The fund is non-diversified.
Market Cap
The average market capitalization across the Renaissance IPO ETF ETF is 13.66B. The market cap for tickers in the group ranges from 2B to 112.76B. ARM holds the highest valuation in this group at 112.76B. The lowest valued company is YOU at 2B.
High and low price notable news
The average weekly price growth across all stocks in the Renaissance IPO ETF ETF was 5%. For the same ETF, the average monthly price growth was 36%, and the average quarterly price growth was 107%. RIVN experienced the highest price growth at 7%, while APP experienced the biggest fall at -18%.
Volume
The average weekly volume growth across all stocks in the Renaissance IPO ETF ETF was 5%. For the same stocks of the ETF, the average monthly volume growth was -24% and the average quarterly volume growth was 83%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 76
Price Growth Rating: 60
SMR Rating: 72
Profit Risk Rating: 94
Seasonality Score: -22 (-100 ... +100)