Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), International Business Machines Corp (NYSE:IBM), Adobe (NASDAQ:ADBE), Cisco Systems (NASDAQ:CSCO), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index.
The index is comprised of companies classified as "cloud computing" companies by the CTA. The fund will obtain leveraged exposure to at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. It is non-diversified.
Market Cap
The average market capitalization across the ProShares Ultra Cloud Computing ETF is 159.59B. The market cap for tickers in the group ranges from 552.13M to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is EB at 552.13M.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Ultra Cloud Computing ETF was 3%. For the same ETF, the average monthly price growth was 3%, and the average quarterly price growth was 88%. ASAN experienced the highest price growth at 6%, while APP experienced the biggest fall at -11%.
Volume
The average weekly volume growth across all stocks in the ProShares Ultra Cloud Computing ETF was -1%. For the same stocks of the ETF, the average monthly volume growth was -14% and the average quarterly volume growth was 53%
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: 79
Price Growth Rating: 61
SMR Rating: 67
Profit Risk Rating: 65
Seasonality Score: -29 (-100 ... +100)