Invesco Top Qqq Etf Market Value
| QBIG Etf | 31.46 0.03 0.1% |
| Symbol | Invesco |
The market value of Invesco Top QQQ 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 Top's value that differs from its market value or its book value, called intrinsic value, which is Invesco Top'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 Top's market value can be influenced by many factors that don't directly affect Invesco Top'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 Top's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Top is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Top'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.
Invesco Top 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Invesco Top's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Invesco Top.
| 02/09/2024 |
| 02/03/2025 |
If you would invest 0.00 in Invesco Top on February 9, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Top QQQ or generate 0.0% return on investment in Invesco Top over 360 days. Invesco Top is related to or competes with JPMorgan Fundamental, Davis Select, Dimensional ETF, Principal Value, Vanguard Small, Vanguard Mid, and SPDR SP. More
Invesco Top Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Invesco Top's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Invesco Top QQQ upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 7.97 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.7 |
Invesco Top Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Top's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Top's standard deviation. In reality, there are many statistical measures that can use Invesco Top historical prices to predict the future Invesco Top's volatility.| Risk Adjusted Performance | 0.0395 | |||
| Jensen Alpha | 0.0335 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1435 |
Invesco Top QQQ Backtested Returns
At this point, Invesco Top is very steady. Invesco Top QQQ holds Efficiency (Sharpe) Ratio of 0.0407, which attests that the entity had a 0.0407 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Top QQQ, which you can use to evaluate the volatility of the entity. Please check out Invesco Top's Market Risk Adjusted Performance of 0.1535, risk adjusted performance of 0.0395, and Downside Deviation of 1.97 to validate if the risk estimate we provide is consistent with the expected return of 0.0743%. The etf retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Top's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Top is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Invesco Top QQQ has no correlation between past and present. Overlapping area represents the amount of predictability between Invesco Top time series from 9th of February 2024 to 7th of August 2024 and 7th of August 2024 to 3rd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Invesco Top QQQ price movement. The serial correlation of 0.0 indicates that just 0.0% of current Invesco Top price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Top QQQ lagged returns against current returns
Autocorrelation, which is Invesco Top etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Invesco Top's etf expected returns. We can calculate the autocorrelation of Invesco Top returns to help us make a trade decision. For example, suppose you find that Invesco Top has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Invesco Top regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Invesco Top etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Top etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Top etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco Top Lagged Returns
When evaluating Invesco Top's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Top etf have on its future price. Invesco Top autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Invesco Top autocorrelation shows the relationship between Invesco Top etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Top QQQ.
Regressed Prices |
| Timeline |
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Check out Invesco Top Correlation, Invesco Top Volatility and Invesco Top Alpha and Beta module to complement your research on Invesco Top. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Invesco Top technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.