QQD Financial Statements From 2010 to 2024
| QQD Etf | USD 23.18 0.00 0.00% |
Check QQD financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QQD's main balance sheet or income statement drivers, such as , as well as many indicators such as . QQD financial statements analysis is a perfect complement when working with QQD Valuation or Volatility modules.
QQD |
QQD ETF One Year Return Analysis
QQD's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current QQD One Year Return | (28.48) % |
Most of QQD's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, QQD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, QQD has an One Year Return of -28.48%. This is much lower than that of the Simplify Asset Management family and significantly lower than that of the Large Growth category. The one year return for all United States etfs is notably higher than that of the company.
About QQD Financial Statements
QQD stakeholders use historical fundamental indicators, such as QQD's revenue or net income, to determine how well the company is positioned to perform in the future. Although QQD investors may analyze each financial statement separately, they are all interrelated. For example, changes in QQD's assets and liabilities are reflected in the revenues and expenses on QQD's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in QQD. Please read more on our technical analysis and fundamental analysis pages.
The fund will invest at least 80 percent of its net assets in equity securities, primarily by purchasing ETFs that invest in companies listed on the NASDAQ-100 Index. Simplify Growth is traded on NASDAQ Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether QQD is a strong investment it is important to analyze QQD's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact QQD's future performance. For an informed investment choice regarding QQD Etf, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of QQD is measured differently than its book value, which is the value of QQD that is recorded on the company's balance sheet. Investors also form their own opinion of QQD's value that differs from its market value or its book value, called intrinsic value, which is QQD's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QQD's market value can be influenced by many factors that don't directly affect QQD's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QQD's value and its price as these two are different measures arrived at by different means. Investors typically determine if QQD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QQD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.