Invesco Nasdaq Future Etf Fundamentals
| QQQS Etf | USD 27.63 0.52 1.92% |
Invesco NASDAQ Future fundamentals help investors to digest information that contributes to Invesco NASDAQ'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 NASDAQ'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 NASDAQ etf.
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Invesco NASDAQ Future ETF One Year Return Analysis
Invesco NASDAQ'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 NASDAQ One Year Return | 22.60 % |
Most of Invesco NASDAQ'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 NASDAQ Future 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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Invesco NASDAQ One Year Return Component Assessment
Based on the recorded statements, Invesco NASDAQ Future has an One Year Return of 22.6%. This is much higher than that of the Invesco family and notably higher than that of the Small Blend category. The one year return for all United States 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 NASDAQ'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 NASDAQ could also be used in its relative valuation, which is a method of valuing Invesco NASDAQ by comparing valuation metrics of similar companies.Invesco NASDAQ is currently under evaluation in one year return as compared to similar ETFs.
Invesco Fundamentals
| Total Asset | 3.51 M | |||
| One Year Return | 22.60 % | |||
| Net Asset | 3.51 M |
About Invesco NASDAQ Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco NASDAQ Future's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco NASDAQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco NASDAQ Future 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 fund generally will invest at least 90 percent of its total assets in the securities that comprise the index. Invesco Nasdaq is traded on NASDAQ Exchange in the United States.
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Check out Invesco NASDAQ Piotroski F Score and Invesco NASDAQ Altman Z Score analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Invesco NASDAQ Future 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 NASDAQ's value that differs from its market value or its book value, called intrinsic value, which is Invesco NASDAQ'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 NASDAQ's market value can be influenced by many factors that don't directly affect Invesco NASDAQ'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 NASDAQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco NASDAQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco NASDAQ'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.