In advance: 4QTR21 <U/O> Matrix via Applied Indexation is currently available in multi-sheet format illustrating the structured ecosystem composition and supply chain verticals within publicly traded Clean Energy Subindustry Benchmark ETF PBW.
A combined Renewables/Diversified Industrials/Technology sector-themed overlay approach utilizes iterative index applications of peer group analytics and valuation to provide effective Alpha and Alpha-Beta screens. Segments include Wind, Solar, Fuel Cells, Smart Grid, Water, LED, Biofuel, Automotive, Natural Gas, Storage and Aviation plus further classifications detailing component member assignments based on corporate business segment operations (12 segments, 59 classifications, 76 single and multi-listed component members; n=248).
4Q21 PBW -6.8%, CY21 -29.8%; 12-mos. performance dispersion: +145.5%/-87.7% (011422).
PBW Fwd (adj.) PE=34.4 Beta=1.4 versus 33.2/1.4, 34.1/1.4 and 34.0/1.3 sequentially. SPX 12-month Fwd PE=21.1 v. 20.5/Q3, 21.4/Q2, 21.8/Q1 (FactSet); CAPE 38.5 from 37.9/38.6/37.6, mean 16.9 (Shiller).
Reference tutorial below for sample adaptive methodology in tandem with blogger <U/O> Matrix - Establishing Predictive Value exercise. Investable motifs (long/short): conventional, thematic, megatrend, equity/corporates, value/growth and factor-based.
‘<U/O> Applied Indexation …a brief tutorial.’ voiceover slide show is posted without restriction. Please message direct with any questions or for product suite access and development considerations.