Invesco NASDAQ Financials
| QQQJ Etf | USD 32.10 0.56 1.78% |
Net Expense Ratio 0.0015 | 3 y Sharp Ratio (0.32) |
Invesco |
The data published in Invesco NASDAQ's official financial statements typically reflect Invesco NASDAQ's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Invesco NASDAQ's quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco NASDAQ's liquidity, profitability, and earnings quality within the context of the Invesco space in which it operates.
Invesco NASDAQ Etf Summary
Invesco NASDAQ competes with Invesco NASDAQ, WisdomTree Cloud, Global X, Renaissance IPO, and ARK Fintech. The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. Invesco Nasdaq is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US46138G6310 |
| CUSIP | 46138G631 |
| Region | North America |
| Investment Issuer | Invesco |
| Etf Family | Invesco |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Invesco NASDAQ Key Financial Ratios
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco NASDAQ's current stock value. Our valuation model uses many indicators to compare Invesco NASDAQ value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco NASDAQ competition to find correlations between indicators driving Invesco NASDAQ's intrinsic value. More Info.Invesco NASDAQ Next is presently regarded as number one ETF in beta as compared to similar ETFs. It is rated third largest ETF in one year return as compared to similar ETFs reporting about 25.09 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Invesco NASDAQ by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Invesco NASDAQ Next Systematic Risk
Invesco NASDAQ's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco NASDAQ volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Invesco NASDAQ Next correlated with the market. If Beta is less than 0 Invesco NASDAQ generally moves in the opposite direction as compared to the market. If Invesco NASDAQ Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco NASDAQ Next is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco NASDAQ is generally in the same direction as the market. If Beta > 1 Invesco NASDAQ moves generally in the same direction as, but more than the movement of the benchmark.
Invesco NASDAQ Thematic Clasifications
Invesco NASDAQ Next is part of several thematic ideas from Theme ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasInvesco NASDAQ November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco NASDAQ help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco NASDAQ Next. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco NASDAQ Next based on widely used predictive technical indicators. In general, we focus on analyzing Invesco Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Invesco NASDAQ's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.0214 | |||
| Maximum Drawdown | 4.02 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.61 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco NASDAQ Next. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Invesco NASDAQ Next is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco NASDAQ's value that differs from its market value or its book value, called intrinsic value, which is Invesco NASDAQ'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 Invesco NASDAQ's market value can be influenced by many factors that don't directly affect Invesco NASDAQ'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 Invesco NASDAQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco NASDAQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco NASDAQ'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.