Industry description
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Abacus FCF Small Cap Leaders Index.
To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the underlying index. The underlying index is a rules-based equity index designed to track the performance of the small-cap segment of U.S. publicly traded companies with strong free cash flow return on invested capital (“FCF-ROIC”), drawing from the Adviser’s exclusive research. The fund is non-diversified.
Market Cap
The average market capitalization across the Abacus FCF Small Cap Leaders ETF ETF is 3.62B. The market cap for tickers in the group ranges from 316.25M to 33.48B. FIX holds the highest valuation in this group at 33.48B. The lowest valued company is DHIL at 316.25M.
High and low price notable news
The average weekly price growth across all stocks in the Abacus FCF Small Cap Leaders ETF ETF was 8%. For the same ETF, the average monthly price growth was 33%, and the average quarterly price growth was 86%. NSIT experienced the highest price growth at 5%, while HALO experienced the biggest fall at -9%.
Volume
The average weekly volume growth across all stocks in the Abacus FCF Small Cap Leaders ETF ETF was -58%. For the same stocks of the ETF, the average monthly volume growth was -57% and the average quarterly volume growth was -62%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 58
P/E Growth Rating: 51
Price Growth Rating: 59
SMR Rating: 50
Profit Risk Rating: 52
Seasonality Score: -7 (-100 ... +100)