The weight and rank of each stock in the portfolio is listed in the table above. Summing everything up, the rank of SKYY is 54.42, meaning in aggregation, SKYY is better than only 54% of stocks in the market. The rank put it at a level pretty much the same with the entire market in average. Based on the predictive power of our ETF ranking system, it is likely a market performer.
We also compared its theoretical performance to our cloud computing portfolio. Since June 13th, the inception date of our cloud computing portfolio, our portfolio rose 16%, while SKYY would have risen 10% if it was created on June 13th. Nonetheless SKYY's performance is better than the 5% return of S&P 500.
As Dana Blankenhorn figured, investors can find the best cloud computing stocks on their own.