Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Dominion Energy (NYSE:D).
Industry description
The investment seeks long-term total return derived principally from a combination of capital appreciation and income over time.
The fund will invest at least 80% of its total assets in equity securities of next generation power infrastructure companies, which consist of companies deriving at least 50% of revenues from activities in power generation, transmission, distribution, storage, and ancillary or related services. It is non-diversified.
Market Cap
The average market capitalization across the Redwheel Next Generation Power InfrasIns MF is 62.01B. The market cap for tickers in the group ranges from 2.17B to 153.73B. NEE holds the highest valuation in this group at 153.73B. The lowest valued company is AY at 2.17B.
Volume
The average weekly volume growth across all stocks in the Redwheel Next Generation Power InfrasIns MF was 30%. For the same stocks of the MF, the average monthly volume growth was -14% and the average quarterly volume growth was 4%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 49
P/E Growth Rating: 68
Price Growth Rating: 51
SMR Rating: 62
Profit Risk Rating: 59
Seasonality Score: -45 (-100 ... +100)