PowerShares QQQ Valuation Overview

QQQ -- USA Etf  

USD 178.99  0.04  0.0223%

PowerShares QQQ ETF holds recent Real Value of $177.98 per share. The prevailing price of the etf is $178.99. 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 66.23B, Earnings Per Share of 17.77times and Price to Earning of 9.90times 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 five year return as compared to similar ETFs. It is rated second largest ETF in last dividend paid as compared to similar ETFs creating about  0.02  of Last Dividend Paid per Five Year Return. The ratio of Five Year Return to Last Dividend Paid for PowerShares QQQ ETF is roughly  52.31 

Current Market Valuation

PowerShares QQQ ETF Valuation Boundaries
Fairly Valued
July 20, 2018
178.99
Market Value
Downside
175.13
177.98
Real Value
Target Odds
  
180.83
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.
Additionally take a look at Your Equity Center. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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