PowerShares QQQ Valuation

PowerShares QQQ ETF -- USA Etf  

USD 167.65  0.55  0.33%

PowerShares QQQ ETF holds recent Real Value of $167.83 per share. The prevailing price of the etf is $167.65. 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 63.24B, Earnings Per Share of 17.77times and Price to Earning of 9.44times 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.

 Time Horizon     30 Days    Login   to change
PowerShares QQQ ETF is presently regarded as number one ETF in ten year return as compared to similar ETFs. It is rated second largest ETF in price to book as compared to similar ETFs fabricating about  0.31  of Price to Book per Ten Year Return. The ratio of Ten Year Return to Price to Book for PowerShares QQQ ETF is roughly  3.27 
Fairly Valued
March 20, 2018
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 third largest ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Size and Style category is currently estimated at about 665.9 Billion. PowerShares QQQ holds roughly 64.29 Billion in net asset claiming about 10% of equities under Size and Style ETF category.