Invesco QQQ (Mexico) Technical Analysis
| QQQ Etf | MXN 10,296 84.31 0.83% |
As of the 22nd of November, Invesco QQQ retains the Risk Adjusted Performance of 0.1338, downside deviation of 1.46, and Market Risk Adjusted Performance of 1.67. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Invesco QQQ Trust, as well as the relationship between them.
Invesco QQQ Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Invesco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InvescoInvesco |
Invesco QQQ 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.
Invesco QQQ Trust Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Invesco QQQ Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Invesco QQQ Trust Trend Analysis
Use this graph to draw trend lines for Invesco QQQ Trust. You can use it to identify possible trend reversals for Invesco QQQ as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Invesco QQQ price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Invesco QQQ Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Invesco QQQ Trust applied against its price change over selected period. The best fit line has a slop of 21.28 , which means Invesco QQQ Trust will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1.712545539E7, which is the sum of squared deviations for the predicted Invesco QQQ price change compared to its average price change.About Invesco QQQ Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Invesco QQQ Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Invesco QQQ Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Invesco QQQ Trust price pattern first instead of the macroeconomic environment surrounding Invesco QQQ Trust. By analyzing Invesco QQQ's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Invesco QQQ's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Invesco QQQ specific price patterns or momentum indicators. Please read more on our technical analysis page.
Invesco QQQ November 22, 2024 Technical Indicators
Most technical analysis of Invesco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Invesco from various momentum indicators to cycle indicators. When you analyze Invesco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1338 | |||
| Market Risk Adjusted Performance | 1.67 | |||
| Mean Deviation | 1.02 | |||
| Semi Deviation | 1.17 | |||
| Downside Deviation | 1.46 | |||
| Coefficient Of Variation | 581.63 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.72 | |||
| Information Ratio | 0.0992 | |||
| Jensen Alpha | 0.2044 | |||
| Total Risk Alpha | 0.0668 | |||
| Sortino Ratio | 0.0893 | |||
| Treynor Ratio | 1.66 | |||
| Maximum Drawdown | 5.85 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 2.04 | |||
| Downside Variance | 2.12 | |||
| Semi Variance | 1.36 | |||
| Expected Short fall | (1.05) | |||
| Skewness | (0.56) | |||
| Kurtosis | 0.1905 |
Invesco QQQ Trust One Year Return
Based on the recorded statements, Invesco QQQ Trust has an One Year Return of 68%. This is much higher than that of the Invesco family and notably higher than that of the One Year Return category. The one year return for all Mexico etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Invesco QQQ November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Invesco stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 135.18 | ||
| Daily Balance Of Power | 0.49 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 10,237 | ||
| Day Typical Price | 10,256 | ||
| Price Action Indicator | 101.41 | ||
| Market Facilitation Index | 0.02 |
Additional Information and Resources on Investing in Invesco Etf
When determining whether Invesco QQQ Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Invesco Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Invesco Qqq Trust Etf. Highlighted below are key reports to facilitate an investment decision about Invesco Qqq Trust Etf:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco QQQ Trust. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..