Invesco Qqq Trust Etf One Year Return
QQQ Etf | MXN 10,264 91.50 0.88% |
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.
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Invesco QQQ Trust ETF One Year Return Analysis
Invesco QQQ's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Invesco QQQ One Year Return | 68.66 % |
Most of Invesco QQQ's fundamental indicators, such as One Year Return, 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.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Invesco QQQ Trust has an One Year Return of 68%. This is much higher than that of the Invesco family and notably higher than that of the Family category. The one year return for all Mexico etfs is notably lower than that of the firm.
Invesco One Year Return 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 One Year Return 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 one year return 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.
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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.