Invesco Qqq Trust Etf Performance
| QQQ Etf | USD 435.48 8.58 2.01% |
The etf retains a Market Volatility (i.e., Beta) of 1.14, which attests to a somewhat significant risk relative to the market. Invesco QQQ returns are very sensitive to returns on the market. As the market goes up or down, Invesco QQQ is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco QQQ Trust are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Invesco QQQ is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
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| In Threey Sharp Ratio | 0.34 |
Invesco |
Invesco QQQ Relative Risk vs. Return Landscape
If you would invest 42,788 in Invesco QQQ Trust on February 4, 2024 and sell it today you would earn a total of 760.00 from holding Invesco QQQ Trust or generate 1.78% return on investment over 90 days. Invesco QQQ Trust is generating 0.033% of daily returns assuming volatility of 1.0547% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than Invesco, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Invesco QQQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco QQQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco QQQ Trust, and traders can use it to determine the average amount a Invesco QQQ'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 = 0.0313
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | QQQ |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Invesco QQQ is performing at about 2% 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.
Invesco QQQ Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco QQQ, and Invesco QQQ 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 | 3.80 X | |||
| Price To Book | 4.66 X | |||
| Price To Sales | 2.84 X | |||
| Earnings Per Share | 17.77 X | |||
| Total Asset | 151.48 B | |||
About Invesco QQQ Performance
To evaluate Invesco QQQ Trust Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Invesco QQQ generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Invesco Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Invesco QQQ Trust market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Invesco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.| Latest headline from finance.yahoo.com: Wall Street Inches Up After Powells Inflation Remarks Chipmakers Rebound Gold, Crude Falter Whats Driving Markets Thursday | |
| The fund maintains 99.86% of its assets in stocks |
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.