Gqqq Etf Price on December 3, 2024
| GQQQ Etf | 26.57 0.44 1.68% |
If you're considering investing in GQQQ Etf, it is important to understand the factors that can impact its price. As of today, the current price of GQQQ stands at 26.57, as last reported on the 11th of December 2024, with the highest price reaching 26.57 and the lowest price hitting 26.13 during the day. Currently, GQQQ is very steady. GQQQ holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of volatility over the last 3 months. We have found thirty technical indicators for GQQQ, which you can use to evaluate the volatility of the entity. Please check out GQQQ's risk adjusted performance of 0.084, and Market Risk Adjusted Performance of 1.22 to validate if the risk estimate we provide is consistent with the expected return of 0.0889%.
GQQQ Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
GQQQ |
Sharpe Ratio = 0.1141
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average GQQQ 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 GQQQ by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 387.4 K |
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GQQQ Valuation on December 3, 2024
It is possible to determine the worth of GQQQ on a given historical date. On December 3, 2024 GQQQ was worth 26.01 at the beginning of the trading date compared to the closed value of 26.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GQQQ etf. Still, in general, we apply an absolute valuation method to find GQQQ'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 GQQQ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GQQQ's related companies.
| Open | High | Low | Close | Volume | |
| 25.99 | 26.03 | 25.99 | 26.01 | 2,000 | |
12/03/2024 | 26.01 | 26.12 | 26.01 | 26.12 | 5,200 |
| 26.28 | 26.41 | 26.28 | 26.41 | 21,400 |
| Backtest GQQQ | | | GQQQ History | | | GQQQ Valuation | Previous | Next |
GQQQ Trading Date Momentum on December 3, 2024
| On December 04 2024 GQQQ was traded for 26.41 at the closing time. The top price for the day was 26.41 and the lowest listed price was 26.28 . The trading volume for the day was 21.4 K. The trading history from December 4, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 1.11% . The overall trading delta against the current closing price is 0.04% . |
About GQQQ Etf history
GQQQ 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 GQQQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GQQQ 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 GQQQ stock prices may prove useful in developing a viable investing in GQQQ
GQQQ Etf Technical Analysis
GQQQ 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
GQQQ Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
GQQQ cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
GQQQ December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how GQQQ etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GQQQ shares will generate the highest return on investment. By undertsting and applying GQQQ etf market strength indicators, traders can identify GQQQ entry and exit signals to maximize returns
GQQQ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GQQQ's price direction in advance. Along with the technical and fundamental analysis of GQQQ Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of GQQQ 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 | 0.084 | |||
| Jensen Alpha | 0.0731 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 1.21 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GQQQ. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of GQQQ is measured differently than its book value, which is the value of GQQQ that is recorded on the company's balance sheet. Investors also form their own opinion of GQQQ's value that differs from its market value or its book value, called intrinsic value, which is GQQQ'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 GQQQ's market value can be influenced by many factors that don't directly affect GQQQ'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 GQQQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if GQQQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GQQQ'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.