PowerShares QQQ Valuation

PowerShares QQQ ETF -- USA Etf  

USD 157.65  1.77  1.14%

PowerShares QQQ ETF holds recent Real Value of $157.03 per share. The prevailing price of the etf is $157.65. At this time the etf appears to be fairly valued. Macroaxis determines value of PowerShares QQQ ETF from analyzing the etf fundamentals such as Market Capitalization of 60.18B, Earnings Per Share of 17.77times and Price to Earning of 8.63times as well as examining its technical indicators and Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.

Besides the expense ratio, one of the first items you want to search are the current holdings of the ETF. As of October 4th, the fund is currently made up of 59% information technology holdings. This is when you have to analyze what your currently portfolio has because you may already hold stock in this sector and by adding this ETF may push you overweight in this industry. Understanding what is being held is important not only for balance, but if you know an industry is slowing, you can anticipate a potential slow in that ETF.

Investment Horizon     30 Days    Login   to change
PowerShares QQQ ETF is rated fourth largest ETF in price to sales as compared to similar ETFs. It is presently regarded as number one ETF in five year return as compared to similar ETFs reporting about  7.05  of Five Year Return per Price to Sales.
Fairly Valued
December 16, 2017
Market Value
Downside upside
Real Value
Target Price Odds
 Above  Below  
Upside upside
PowerShares QQQ is not too risky asset. Calculation of real value of PowerShares QQQ ETF is based on 1 month time horizon. Increasing PowerShares QQQ ETF time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

PowerShares QQQ Net Asset Analysis
PowerShares QQQ ETF is rated second largest ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Large Growth category is currently estimated at about 203.59 Billion. PowerShares QQQ totals roughly 57.23 Billion in net asset claiming about 28% of ETFs under Large Growth category.