Frankfurt (9 March 2021) – MV Index Solutions GmbH (MVIS®) today announced the launch of the BlueStar Hydrogen and NextGen Fuel Cell Index (ticker: BHDRO) and the BlueStar Big Data & Analytics Index (ticker: BDATA).
The BlueStarHydrogen and NextGen Fuel Cell Index (ticker: BHDRO) is a global index that tracks the performanceof the global hydrogen and fuel cell segment. Due to the lack of pure-playcompanies in the global hydrogen and fuel cell segments, this includespure-play and non-pure-play companies. Pure-play companies are those with atleast 50% of their revenues from hydrogen and/or fuel cell. Non-pure-play companiesare those that are engaged in hydrogen or fuel cell projects, including theproduction of industrial gases with the potential to generate 50% of revenue orplay a significant role in the global hydrogen or fuel cell segment. Vehiclemanufacturers are not eligible for inclusion in the index.
“With the launch of the BHDRO we extendour suite of clean-energy technology indices. Hydrogen-based energy solutionshas enormous potential to support the electrification of a wide range ofindustries. Our index is unique in that it is the only hydrogen-related indexthat seeks to include only pure-play companies giving investors pure andrules-based exposure to this emerging theme,” said Josh Kaplan, Global Head ofResearch at MV Index Solutions.
The BlueStar Big Data & Analytics Index (ticker: BDATA) is an index of globally-listed stocks of companiesthat, according to MVIS, are “Big Data”companies. To be considered a Big Data company, the company must derive50% of revenue or operating activity from solutionsfocused on: database management, data platforms,dev-ops, big data analytics, or API management.
“The BlueStar Big Data & Analytics Index is the latest additional toour broad yet growing suite of thematic technology indices. While big data as atechnology paradigm is widely discussed by investors, we saw an opportunity tocreate the first index targeting pure-play big data and analytics companies andwe are proud to announce its launch today,” said Joshua Kaplan.
The indicesare weighted by float-adjustedmarket capitalisation and are calculated in USD as a price, a total return netindex and a total return gross index.
The BlueStar Hydrogen and NextGen Fuel Cell Index (ticker:BHDRO) is reviewed on a quarterly basis. The BlueStar Big Data & Analytics Index (ticker:BDATA) is reviewed on asemi-annual basis.
Detailed information about the indices, including methodology details andindex data are available on the MV Index Solutions website.
Press Release:English
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