SKYY 📈 First Trust Cloud Computing - Overview
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US33734X1928 • Technology
SKYY: Cloud, Software, Services, Infrastructure, Technology, Computing, Data
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry. ‣ Company URL: http://www.ftportfolios.com/ ‣ Domicile: United States
Additional Sources for SKYY ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
SKYY ETF Overview
| Market Cap in USD | 3,799m |
| Category | Technology |
| TER | 0.60% |
| IPO / Inception | 2011-07-05 |
SKYY ETF Ratings
| Growth 5y | 48.3% |
| Fundamental | - |
| Dividend | 0.68% |
| Rel. Strength Industry | 41.3 |
| Analysts | - |
| Fair Price Momentum | 119.45 USD |
| Fair Price DCF | - |
SKYY Dividends
| Dividend Yield 12m | 0.00% |
| Yield on Cost 5y | % |
| Annual Growth 5y | -100.00% |
| Payout Consistency | 50.6% |
SKYY Growth Ratios
| Growth Correlation 3m | 93.9% |
| Growth Correlation 12m | 78.5% |
| Growth Correlation 5y | 20.2% |
| CAGR 5y | 15.48% |
| CAGR/Mean DD 5y | 0.73 |
| Sharpe Ratio 12m | 1.41 |
| Alpha | 9.41 |
| Beta | 1.21 |
| Volatility | 32.39% |
| Current Volume | 205.8k |
| Average Volume 20d | 222.3k |
What is the price of SKYY stocks?
As of December 22, 2024, the stock is trading at USD 123.22 with a total of 205,788 shares traded.
Over the past week, the price has changed by -4.74%, over one month by +3.36%, over three months by +19.27% and over the past year by +37.12%.
As of December 22, 2024, the stock is trading at USD 123.22 with a total of 205,788 shares traded.
Over the past week, the price has changed by -4.74%, over one month by +3.36%, over three months by +19.27% and over the past year by +37.12%.
Is First Trust Cloud Computing a good stock to buy?
Partly, yes. Based on ValueRay Analyses, First Trust Cloud Computing (NASDAQ:SKYY) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 48.30 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SKYY as of December 2024 is 119.45. This means that SKYY is currently overvalued and has a potential downside of -3.06%.
Partly, yes. Based on ValueRay Analyses, First Trust Cloud Computing (NASDAQ:SKYY) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 48.30 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SKYY as of December 2024 is 119.45. This means that SKYY is currently overvalued and has a potential downside of -3.06%.
Is SKYY a buy, sell or hold?
First Trust Cloud Computing has no consensus analysts rating.
First Trust Cloud Computing has no consensus analysts rating.
What are the forecast for SKYY stock price target?
According to ValueRays Forecast Model, SKYY First Trust Cloud Computing will be worth about 133.7 in December 2025. The stock is currently trading at 123.22. This means that the stock has a potential upside of +8.51%.
According to ValueRays Forecast Model, SKYY First Trust Cloud Computing will be worth about 133.7 in December 2025. The stock is currently trading at 123.22. This means that the stock has a potential upside of +8.51%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 133.7 | 8.5% |