Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Adobe (NASDAQ:ADBE), PDD Holdings (NASDAQ:PDD), Booking Holdings (NASDAQ:BKNG), Intel Corp (NASDAQ:INTC), Palo Alto Networks (NASDAQ:PANW), CrowdStrike Holdings (NASDAQ:CRWD).
Industry description
The investment seeks investment results, before fees and expenses, that track the performance of the Nasdaq-100 Dorsey Wright Momentum Index (the “index”).
The index, which is constructed and maintained by Dorsey, Wright & Associates, LLC (Dorsey Wright), consists of 21 securities from the Nasdaq-100 Index with the highest price momentum. The fund will invest principally in the Equities and Depositary Receipts which principally include ADRs. It will concentrate or focus its investments in a particular industry or group of industries, country or region to approximately the same extent the index is so concentrated or focused. The fund is non-diversified.
Market Cap
The average market capitalization across the ProShares Nasdaq-100 Drsy Wght Momt ETF ETF is 433.39B. The market cap for tickers in the group ranges from 28.79B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is ZS at 28.79B.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Nasdaq-100 Drsy Wght Momt ETF ETF was -3%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 3%. LULU experienced the highest price growth at 4%, while AVGO experienced the biggest fall at -10%.
Volume
The average weekly volume growth across all stocks in the ProShares Nasdaq-100 Drsy Wght Momt ETF ETF was 32%. For the same stocks of the ETF, the average monthly volume growth was 14% and the average quarterly volume growth was -8%
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: 74
Price Growth Rating: 38
SMR Rating: 48
Profit Risk Rating: 38
Seasonality Score: 38 (-100 ... +100)