Invesco Nasdaq 100 Etf Performance
| QQC Etf | CAD 37.08 0.08 0.22% |
The etf retains a Market Volatility (i.e., Beta) of 0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco NASDAQ's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco NASDAQ is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco NASDAQ 100 are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain fundamental indicators, Invesco NASDAQ may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
1 | Invesco Canada announces estimated 2024 cash and annual reinvested distributions for its ETFs - Canada NewsWire | 12/19/2024 |
| In Threey Sharp Ratio | 0.60 |
Invesco |
Invesco NASDAQ Relative Risk vs. Return Landscape
If you would invest 3,294 in Invesco NASDAQ 100 on November 3, 2024 and sell it today you would earn a total of 414.00 from holding Invesco NASDAQ 100 or generate 12.57% return on investment over 90 days. Invesco NASDAQ 100 is generating 0.199% of daily returns assuming 1.2619% volatility of returns over the 90 days investment horizon. Simply put, 11% of all etfs have less volatile historical return distribution than Invesco NASDAQ, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. 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 100, 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 = 0.1577
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Invesco NASDAQ is performing at about 12% 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.
Invesco NASDAQ Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco NASDAQ, and Invesco NASDAQ fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Etf performance.
| Price To Earning | 21.91 X | |||
| Price To Book | 4.46 X | |||
| Price To Sales | 2.84 X | |||
| Total Asset | 125.32 M | |||
About Invesco NASDAQ Performance
By examining Invesco NASDAQ's fundamental ratios, stakeholders can obtain critical insights into Invesco NASDAQ's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Invesco NASDAQ is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the NASDAQ-100 Index, or any successor thereto, on an unhedged basis, in the case of any unhedged units, or on a hedged basis, in the case of any hedged units. PowerShares QQQ is traded on Toronto Stock Exchange in Canada.