Invesco Esg Nasdaq Etf Performance
| QQJE Etf | 19.68 0.17 0.86% |
The etf retains a Market Volatility (i.e., Beta) of -0.0802, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco ESG are expected to decrease at a much lower rate. During the bear market, Invesco ESG is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
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Over the last 90 days Invesco ESG NASDAQ has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Invesco ESG is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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Invesco ESG Relative Risk vs. Return Landscape
If you would invest 2,096 in Invesco ESG NASDAQ on December 26, 2024 and sell it today you would lose (128.00) from holding Invesco ESG NASDAQ or give up 6.11% of portfolio value over 90 days. Invesco ESG NASDAQ is generating negative expected returns and assumes 0.942% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Invesco, and 99% 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 ESG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco ESG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco ESG NASDAQ, and traders can use it to determine the average amount a Invesco ESG'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 = -0.1049
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| Negative Returns | QQJE |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco ESG is not performing at its full potential. However, 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 ESG by adding Invesco ESG to a well-diversified portfolio.
Invesco ESG Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco ESG, and Invesco ESG 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.
About Invesco ESG Performance
By examining Invesco ESG's fundamental ratios, stakeholders can obtain critical insights into Invesco ESG'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 ESG 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.
| Invesco ESG NASDAQ generated a negative expected return over the last 90 days |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco ESG NASDAQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.