Q1 2022 In Overview: ROBO World Innovation Indices

The Robotics & Automation Index (ROBO) declined 16% in Q1, marking the third-worst quarterly efficiency since inception and leaving best-in-class robotics and automation shares 19% beneath their all-time excessive of November 2021. The Healthcare Expertise & Innovation Index (HTEC) additionally dropped 16%, and the Synthetic Intelligence Index (THNQ) was down 15%. Whereas fundamentals stay sturdy throughout the board, valuation multiples have compressed underneath the burden of the quickest charges of inflation in a long time, leaving the valuations of the ROBO World innovation indices according to long-term historic averages. On this report, we talk about key developments and large movers throughout our innovation portfolios.