Invesco Esg Nasdaq Etf Performance
| QQJG Etf | USD 24.93 0.21 0.85% |
The etf retains a Market Volatility (i.e., Beta) of 0.88, which attests to possible diversification benefits within a given portfolio. Invesco ESG returns are very sensitive to returns on the market. As the market goes up or down, Invesco ESG is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco ESG NASDAQ are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain forward-looking indicators, Invesco ESG may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| In Threey Sharp Ratio | -0.07 |
Invesco |
Invesco ESG Relative Risk vs. Return Landscape
If you would invest 2,231 in Invesco ESG NASDAQ on September 12, 2024 and sell it today you would earn a total of 241.00 from holding Invesco ESG NASDAQ or generate 10.8% return on investment over 90 days. Invesco ESG NASDAQ is currently generating 0.1647% in daily expected returns and assumes 0.9397% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Invesco, and 97% 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 ESG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco ESG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco ESG NASDAQ, and traders can use it to determine the average amount a Invesco ESG'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 = 0.1753
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Invesco ESG is performing at about 13% 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 ESG by adding it to a well-diversified portfolio.
Invesco ESG Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco ESG, and Invesco ESG 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.
| Total Asset | 2.51 M | |||
About Invesco ESG Performance
By analyzing Invesco ESG's fundamental ratios, stakeholders can gain valuable insights into Invesco ESG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Invesco ESG 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 Invesco ESG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. Invesco ESG is traded on NASDAQ Exchange in the United States.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco ESG NASDAQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Invesco ESG NASDAQ 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is Invesco ESG'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 ESG's market value can be influenced by many factors that don't directly affect Invesco ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco ESG'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.