Invesco China Technology Etf Price on June 28, 2024
CQQQ Etf | USD 38.84 0.45 1.15% |
Below is the normalized historical share price chart for Invesco China Technology extending back to December 08, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco China stands at 38.84, as last reported on the 27th of November, with the highest price reaching 39.11 and the lowest price hitting 38.73 during the day.
If you're considering investing in Invesco Etf, it is important to understand the factors that can impact its price. Invesco China appears to be very steady, given 3 months investment horizon. Invesco China Technology holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Invesco China Technology, which you can use to evaluate the volatility of the entity. Please utilize Invesco China's Risk Adjusted Performance of 0.0917, downside deviation of 2.94, and Market Risk Adjusted Performance of 1.13 to validate if our risk estimates are consistent with your expectations.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 38.24 | 200 Day MA 35.0509 | 1 y Volatility 42.34 | 50 Day MA 40.6762 | Inception Date 2009-12-08 |
Invesco |
Sharpe Ratio = 0.1104
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Estimated Market Risk
3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Invesco China is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco China by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 17.4 K |
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Invesco China Valuation on June 28, 2024
It is possible to determine the worth of Invesco China on a given historical date. On June 28, 2024 Invesco was worth 33.68 at the beginning of the trading date compared to the closed value of 33.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco China etf. Still, in general, we apply an absolute valuation method to find Invesco China's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco China where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco China's related companies.
Open | High | Low | Close | Volume | |
33.94 | 33.95 | 33.51 | 33.55 | 128,576 | |
06/28/2024 | 33.68 | 33.79 | 33.51 | 33.54 | 140,036 |
33.60 | 33.72 | 33.49 | 33.54 | 29,400 |
Backtest Invesco China | | | Invesco China History | | | Invesco China Valuation | Previous | Next |
Invesco China Trading Date Momentum on June 28, 2024
On July 01 2024 Invesco China Technology was traded for 33.54 at the closing time. The top price for the day was 33.72 and the lowest listed price was 33.49 . The trading volume for the day was 29.4 K. The trading history from July 1, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.57% . |
Invesco China Technology Fundamentals Correlations and Trends
By evaluating Invesco China's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Invesco China's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Invesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Invesco China Etf history
Invesco China investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco China Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco China stock prices may prove useful in developing a viable investing in Invesco China
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. China Technology is traded on NYSEARCA Exchange in the United States.
Invesco China Etf Technical Analysis
Invesco China technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Invesco China Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Invesco China Technology cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Invesco China November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco China etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco China shares will generate the highest return on investment. By undertsting and applying Invesco China etf market strength indicators, traders can identify Invesco China Technology entry and exit signals to maximize returns
Invesco China Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco China's price direction in advance. Along with the technical and fundamental analysis of Invesco Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0917 | |||
Jensen Alpha | 0.335 | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | 0.0868 | |||
Treynor Ratio | 1.12 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco China Technology. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Invesco China Technology 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 China's value that differs from its market value or its book value, called intrinsic value, which is Invesco China'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 China's market value can be influenced by many factors that don't directly affect Invesco China'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 China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco China'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.