Invesco Nasdaq Next Etf Performance
| QQQJ Etf | USD 32.10 0.56 1.78% |
The etf retains a Market Volatility (i.e., Beta) of 0.98, which attests to possible diversification benefits within a given portfolio. 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 Next are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Even with relatively unfluctuating basic indicators, Invesco NASDAQ may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Technical Data - Stock Traders Daily | 11/14/2024 |
| In Threey Sharp Ratio | -0.32 |
Invesco |
Invesco NASDAQ Relative Risk vs. Return Landscape
If you would invest 2,884 in Invesco NASDAQ Next on August 28, 2024 and sell it today you would earn a total of 326.00 from holding Invesco NASDAQ Next or generate 11.3% return on investment over 90 days. Invesco NASDAQ Next is currently generating 0.1748% in daily expected returns and assumes 0.9749% 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 Next, 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 = 0.1793
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Invesco NASDAQ is performing at about 14% 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.
| Total Asset | 715.93 M | |||
About Invesco NASDAQ Performance
By evaluating Invesco NASDAQ's fundamental ratios, stakeholders can gain valuable insights into Invesco NASDAQ's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. Invesco Nasdaq is traded on NASDAQ Exchange in the United States.| Latest headline from news.google.com: Technical Data - Stock Traders Daily | |
| The fund created three year return of -2.0% | |
| Invesco NASDAQ Next maintains 99.98% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco NASDAQ Next. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Invesco NASDAQ Next 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.