Invesco China Technology Etf Performance
| CQQQ Etf | USD 38.84 0.45 1.15% |
The etf retains a Market Volatility (i.e., Beta) of 0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco China's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco China is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco China Technology are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Invesco China reported solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Trading Report - Stock Traders Daily | 11/11/2024 |
| In Threey Sharp Ratio | -0.36 |
Invesco |
Invesco China Relative Risk vs. Return Landscape
If you would invest 3,146 in Invesco China Technology on August 29, 2024 and sell it today you would earn a total of 738.00 from holding Invesco China Technology or generate 23.46% return on investment over 90 days. Invesco China Technology is currently generating 0.391% in daily expected returns and assumes 3.5407% risk (volatility on return distribution) over the 90 days horizon. In different words, 31% of etfs are less volatile than Invesco, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Invesco China Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco China's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco China Technology, and traders can use it to determine the average amount a Invesco China's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
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.
Invesco China Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco China, and Invesco China fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Etf performance.
| Price To Earning | 13.00 X | |||
| Price To Book | 1.76 X | |||
| Price To Sales | 0.71 X | |||
| Total Asset | 822.96 M | |||
About Invesco China Performance
Assessing Invesco China's fundamental ratios provides investors with valuable insights into Invesco China's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Invesco China is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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 had very high historical volatility over the last 90 days | |
| Latest headline from news.google.com: Trading Report - Stock Traders Daily | |
| Invesco China Technology created five year return of -4.0% | |
| This fund holds 99.95% of its assets under management (AUM) in equities |
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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.