Invesco Qqq Trust Etf Probability of Future Etf Price Finishing Under 148.71
| QQQ Etf | USD 438.27 7.10 1.59% |
Invesco |
Invesco QQQ Target Price Odds to finish below 148.71
The tendency of Invesco Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 148.71 or more in 90 days |
| 438.27 | 90 days | 148.71 | near 1 |
Based on a normal probability distribution, the odds of Invesco QQQ to drop to $ 148.71 or more in 90 days from now is near 1 (This Invesco QQQ Trust probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) . Probability of Invesco QQQ Trust price to stay between $ 148.71 and its current price of $438.27 at the end of the 90-day period is about 70.07 .
Considering the 90-day investment horizon Invesco QQQ Trust has a beta of -0.095 indicating as returns on the benchmark increase, returns on holding Invesco QQQ are expected to decrease at a much lower rate. During a bear market, however, Invesco QQQ Trust is likely to outperform the market. Additionally Invesco QQQ Trust has an alpha of 0.1186, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Invesco QQQ Price Density |
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Predictive Modules for Invesco QQQ
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco QQQ Trust. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco QQQ's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Invesco QQQ Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Invesco QQQ is not an exception. The market had few large corrections towards the Invesco QQQ's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Invesco QQQ Trust, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Invesco QQQ within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.12 | |
β | Beta against NYSE Composite | -0.1 | |
σ | Overall volatility | 11.12 | |
Ir | Information ratio | 0.06 |
Invesco QQQ Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Invesco QQQ for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Invesco QQQ Trust can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from dragonflycap.com: Macro Week in ReviewPreview April 12, 2024 | |
| The fund maintains 99.86% of its assets in stocks |
Invesco QQQ Technical Analysis
Invesco QQQ's future price can be derived by breaking down and analyzing its technical indicators over time. Invesco Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Invesco QQQ Trust. In general, you should focus on analyzing Invesco Etf price patterns and their correlations with different microeconomic environments and drivers.
Invesco QQQ Predictive Forecast Models
Invesco QQQ's time-series forecasting models is one of many Invesco QQQ's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Invesco QQQ's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Invesco QQQ Trust
Checking the ongoing alerts about Invesco QQQ for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Invesco QQQ Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from dragonflycap.com: Macro Week in ReviewPreview April 12, 2024 | |
| The fund maintains 99.86% of its assets in stocks |
Check out Invesco QQQ Backtesting, Portfolio Optimization, Invesco QQQ Correlation, Invesco QQQ Hype Analysis, Invesco QQQ Volatility, Invesco QQQ History as well as Invesco QQQ Performance. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.