Invesco Qqq Trust Etf Price on November 27, 2017
QQQ Etf | USD 444.01 0.82 0.18% |
If you're considering investing in Invesco Etf, it is important to understand the factors that can impact its price. As of today, the current price of Invesco QQQ stands at 444.01, as last reported on the 28th of March, with the highest price reaching 445.64 and the lowest price hitting 443.65 during the day. We consider Invesco QQQ very steady. Invesco QQQ Trust holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco QQQ Trust, which you can use to evaluate the volatility of the entity. Please check out Invesco QQQ's Downside Deviation of 0.896, market risk adjusted performance of 0.1261, and Risk Adjusted Performance of 0.0817 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Invesco |
Sharpe Ratio = 0.1391
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Estimated Market Risk
0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Invesco QQQ is performing at about 10% 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 QQQ by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
CLSK | CleanSpark | |
V | Visa Class A | |
CDLX | Cardlytics |
About Invesco QQQ Etf history
Invesco QQQ investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco QQQ Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco QQQ stock prices may prove useful in developing a viable investing in Invesco QQQ
To maintain the correspondence between the composition and weights of the securities in the trust and the stocks in the NASDAQ-100 Index, the adviser adjusts the securities from time to time to conform to periodic changes in the identity andor relative weights of index securities. Nasdaq QQQ is traded on NASDAQ Exchange in the United States.
Invesco QQQ Etf Technical Analysis
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.
Price Boundaries
Invesco QQQ Period Price Range
Invesco QQQ March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco QQQ etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco QQQ shares will generate the highest return on investment. By undertsting and applying Invesco QQQ etf market strength indicators, traders can identify Invesco QQQ Trust entry and exit signals to maximize returns
Accumulation Distribution | 162586.0 | |||
Daily Balance Of Power | (0.41) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 444.65 | |||
Day Typical Price | 444.43 | |||
Price Action Indicator | (1.04) | |||
Period Momentum Indicator | (0.82) | |||
Relative Strength Index | 58.7 |
Invesco QQQ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco QQQ's price direction in advance. Along with the technical and fundamental analysis of Invesco Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0817 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | 0.0028 | |||
Treynor Ratio | 0.1161 |
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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 tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Invesco Etf analysis
When running Invesco QQQ's price analysis, check to measure Invesco QQQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco QQQ is operating at the current time. Most of Invesco QQQ's value examination focuses on studying past and present price action to predict the probability of Invesco QQQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco QQQ's price. Additionally, you may evaluate how the addition of Invesco QQQ to your portfolios can decrease your overall portfolio volatility.
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The market value of Invesco QQQ Trust 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 QQQ's value that differs from its market value or its book value, called intrinsic value, which is Invesco QQQ'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 QQQ's market value can be influenced by many factors that don't directly affect Invesco QQQ'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 QQQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco QQQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco QQQ'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.