Invesco Nasdaq Free Etf Performance
| QOWZ Etf | 34.52 0.26 0.76% |
The etf retains a Market Volatility (i.e., Beta) of 1.08, which attests to a somewhat significant risk relative to the market. Invesco Nasdaq returns are very sensitive to returns on the market. As the market goes up or down, Invesco Nasdaq is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco Nasdaq Free are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly fragile basic indicators, Invesco Nasdaq may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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Invesco |
Invesco Nasdaq Relative Risk vs. Return Landscape
If you would invest 3,055 in Invesco Nasdaq Free on September 1, 2024 and sell it today you would earn a total of 397.00 from holding Invesco Nasdaq Free or generate 13.0% return on investment over 90 days. Invesco Nasdaq Free is currently generating 0.1959% in daily expected returns and assumes 0.9863% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Invesco, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Invesco Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Nasdaq Free, and traders can use it to determine the average amount a Invesco Nasdaq's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1986
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Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Invesco Nasdaq is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco Nasdaq by adding it to a well-diversified portfolio.
About Invesco Nasdaq Performance
Evaluating Invesco Nasdaq's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco Nasdaq has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Invesco Nasdaq has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Invesco Nasdaq is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from news.google.com: Long Term Trading Analysis for - Stock Traders Daily |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Nasdaq Free. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of Invesco Nasdaq Free 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.