Invesco Nasdaq Future Etf Price To Book
| 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 Price To Book Analysis
Invesco NASDAQ'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.
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.
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Invesco NASDAQ Price To Book Component Assessment
Based on the latest financial disclosure, Invesco NASDAQ Future has a Price To Book of 0.0 times. This is 100.0% lower than that of the Invesco family and 100.0% lower than that of the Small Blend category. The price to book for all United States etfs is 100.0% higher than that of the company.
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Invesco Fundamentals
| Total Asset | 3.51 M | |||
| One Year Return | 26.60 % | |||
| 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.
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Check out Invesco NASDAQ Piotroski F Score and Invesco NASDAQ Altman Z Score analysis. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.