Notable companies
The most notable companies in this group are First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), SolarEdge Technologies (NASDAQ:SEDG), Canadian Solar (NASDAQ:CSIQ).
Industry description
The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index.
The fund will generally invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC, has contracted with S&P DJI Netherlands B.V. to calculate and administer the underlying index, which seeks to track the performance of companies in global solar energy businesses. The fund is non-diversified.
Market Cap
The average market capitalization across the Invesco Solar ETF ETF is 4.15B. The market cap for tickers in the group ranges from 169.42M to 18.04B. FSLR holds the highest valuation in this group at 18.04B. The lowest valued company is MAXN at 169.42M.
High and low price notable news
The average weekly price growth across all stocks in the Invesco Solar ETF ETF was -5%. For the same ETF, the average monthly price growth was -9%, and the average quarterly price growth was -19%. AMPS experienced the highest price growth at 24%, while SEDG experienced the biggest fall at -21%.
Volume
The average weekly volume growth across all stocks in the Invesco Solar ETF ETF was -34%. For the same stocks of the ETF, the average monthly volume growth was 85% and the average quarterly volume growth was 76%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 58
Price Growth Rating: 67
SMR Rating: 78
Profit Risk Rating: 88
Seasonality Score: 27 (-100 ... +100)