Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Broadcom Inc. (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Lam Research Corp (NASDAQ:LRCX), KLA Corp (NASDAQ:KLAC), Arista Networks (NYSE:ANET), Dell Technologies (NYSE:DELL), CrowdStrike Holdings (NASDAQ:CRWD), Trade Desk (The) (NASDAQ:TTD).
Industry description
The investment seeks to track the investment results (before fees and expenses) of the Dorsey Wright Technology Technical LeadersTMIndex (the "underlying index").
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the technology sector that have powerful relative strength or "momentum" characteristics.
Market Cap
The average market capitalization across the Invesco Dorsey Wright Technology MomtETF ETF is 229.34B. The market cap for tickers in the group ranges from 637.82M to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is CDLX at 637.82M.
High and low price notable news
The average weekly price growth across all stocks in the Invesco Dorsey Wright Technology MomtETF ETF was -6%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 17%. PLTR experienced the highest price growth at 13%, while MPWR experienced the biggest fall at -25%.
Volume
The average weekly volume growth across all stocks in the Invesco Dorsey Wright Technology MomtETF ETF was 35%. For the same stocks of the ETF, the average monthly volume growth was 33% and the average quarterly volume growth was 10%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 73
P/E Growth Rating: 78
Price Growth Rating: 46
SMR Rating: 58
Profit Risk Rating: 41
Seasonality Score: 28 (-100 ... +100)