Qqd Etf Performance
| QQD Etf | USD 23.18 0.00 0.00% |
The etf holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, QQD's returns are expected to increase less than the market. However, during the bear market, the loss of holding QQD is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days QQD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, QQD is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Fifty Two Week Low | 19.68 | |
| Fifty Two Week High | 33.97 |
QQD |
QQD Relative Risk vs. Return Landscape
If you would invest 2,318 in QQD on September 12, 2024 and sell it today you would earn a total of 0.00 from holding QQD or generate 0.0% return on investment over 90 days. QQD is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of etfs are less volatile than QQD, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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QQD Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for QQD's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as QQD, and traders can use it to determine the average amount a QQD'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 = 0.0
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Based on monthly moving average QQD is not performing at its full potential. However, 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 QQD by adding QQD to a well-diversified portfolio.
QQD Fundamentals Growth
QQD Etf prices reflect investors' perceptions of the future prospects and financial health of QQD, and QQD 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 QQD Etf performance.
| Total Asset | 18.29 M | |||
About QQD Performance
By analyzing QQD's fundamental ratios, stakeholders can gain valuable insights into QQD's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if QQD has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if QQD has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.| QQD is not yet fully synchronised with the market data | |
| The fund maintains 99.82% of its assets in stocks |
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.