Invesco Qqq Trust Etf Fundamentals
| QQQ Etf | MXN 10,355 59.00 0.57% |
Invesco QQQ Trust fundamentals help investors to digest information that contributes to Invesco QQQ's financial success or failures. It also enables traders to predict the movement of Invesco Etf. The fundamental analysis module provides a way to measure Invesco QQQ's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco QQQ etf.
Invesco |
Invesco QQQ Trust ETF Price To Book Analysis
Invesco QQQ's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Invesco QQQ Price To Book | 4.46 X |
Most of Invesco QQQ's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco QQQ Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Invesco QQQ Trust has a Price To Book of 4.46 times. This is 316.82% higher than that of the Invesco family and significantly higher than that of the Price To Book category. The price to book for all Mexico etfs is notably lower than that of the firm.
Invesco QQQ Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco QQQ's current stock value. Our valuation model uses many indicators to compare Invesco QQQ value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco QQQ competition to find correlations between indicators driving Invesco QQQ's intrinsic value. More Info.Invesco QQQ Trust is presently regarded as number one ETF in price to book as compared to similar ETFs. It also is presently regarded as number one ETF in price to sales as compared to similar ETFs fabricating about 0.64 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for Invesco QQQ Trust is roughly 1.57 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Invesco QQQ by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Invesco QQQ's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Invesco Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco QQQ's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco QQQ could also be used in its relative valuation, which is a method of valuing Invesco QQQ by comparing valuation metrics of similar companies.Invesco QQQ is currently under evaluation in price to book as compared to similar ETFs.
Fund Asset Allocation for Invesco QQQ
The fund invests 99.79% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Invesco QQQ's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Invesco Fundamentals
| Price To Book | 4.46 X | |||
| Price To Sales | 2.84 X | |||
| Earnings Per Share | 17.77 X | |||
| Market Capitalization | 3.06 T | |||
| Total Asset | 153.76 B | |||
| One Year Return | 68.66 % | |||
| Three Year Return | 26.83 % | |||
| Five Year Return | 26.22 % | |||
| Ten Year Return | 19.92 % | |||
| Net Asset | 153.76 B | |||
| Equity Positions Weight | 99.79 % |
About Invesco QQQ Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco QQQ Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco QQQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco QQQ Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The investment seeks investment results that generally correspond to the price and yield performance of the NASDAQ-100 Index. INVESCO QQQ is traded on Mexico Stock Exchange in Mexico.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Invesco Etf
When determining whether Invesco QQQ Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Invesco Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Invesco Qqq Trust Etf. Highlighted below are key reports to facilitate an investment decision about Invesco Qqq Trust Etf:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco QQQ Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.