Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Advanced Micro Devices (NASDAQ:AMD).
Industry description
The investment seeks to provide investors with total return.
The fund is an actively-managed exchange-traded fund (“ETF”) that will invest at least 80% of its net assets (plus borrowings for investment purposes) in securities of companies that derive at least 50% of their revenue or profits from bitcoin mining operations and/or from providing specialized chips, hardware and software or other services to companies engaged in bitcoin mining. It will not directly invest in bitcoin, or indirectly through the use of derivatives or through investments in funds or trusts that hold bitcoin. The fund is non-diversified.
Market Cap
The average market capitalization across the CoinShares Valkyrie Bitcoin Miners ETF ETF is 216.57B. The market cap for tickers in the group ranges from 25.47M to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is MIGI at 25.47M.
High and low price notable news
The average weekly price growth across all stocks in the CoinShares Valkyrie Bitcoin Miners ETF ETF was -1%. For the same ETF, the average monthly price growth was 23%, and the average quarterly price growth was 72%. HUT experienced the highest price growth at 29%, while WULF experienced the biggest fall at -13%.
Volume
The average weekly volume growth across all stocks in the CoinShares Valkyrie Bitcoin Miners ETF ETF was 26%. For the same stocks of the ETF, the average monthly volume growth was 8% and the average quarterly volume growth was 0%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 65
P/E Growth Rating: 69
Price Growth Rating: 37
SMR Rating: 82
Profit Risk Rating: 78
Seasonality Score: 17 (-100 ... +100)