Invesco NASDAQ Competition

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Invesco NASDAQ'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. Please use the tools below to analyze the current value of Invesco NASDAQ in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
107.24109.12111.00
Details
Intrinsic
Valuation
LowReal ValueHigh
100.16102.04120.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco NASDAQ. Your research has to be compared to or analyzed against Invesco NASDAQ's peers to derive any actionable benefits. When done correctly, Invesco NASDAQ's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Invesco NASDAQ 100.

Invesco NASDAQ Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco NASDAQ and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Invesco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Invesco NASDAQ 100 does not affect the price movement of the other competitor.

Top Constituents Correlations

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Invesco NASDAQ Constituents Risk-Adjusted Indicators

Nowadays, there is a big difference between Invesco Etf performing well and Invesco NASDAQ ETF doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Invesco NASDAQ's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Invesco NASDAQ Competitive Analysis

The better you understand Invesco NASDAQ competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco NASDAQ's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Invesco NASDAQ's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
QQQMZHDGHTRBZHTUSMBCCMBBB
 0.34 
 109.31 
Invesco
 0.67 
 16.54 
ZEGA Buy
 0.47 
 34.16 
Hartford
 1.90 
 44.56 
Zillow
 0.69 
 28.99 
Hull Tactical
 1.01 
 24.99 
Northern
 0.19 
 21.34 
VanEck
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Price to Book
Equity Positions Weight
Three Year Return
Net Asset
Five Year Return
One Year Return
Bond Positions Weight
Last Dividend Paid
Ten Year Return
Price to Earning
Price to Sales
Beta
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Invesco NASDAQ Competition Performance Charts

Complement your Invesco NASDAQ position

In addition to having Invesco NASDAQ in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

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Macroaxis Index
Macroaxis Index Theme
An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Index Theme or any other thematic opportunities.
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Please see Your Equity Center. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Tools for Invesco Etf

When running Invesco NASDAQ 100 price analysis, check to measure Invesco NASDAQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco NASDAQ is operating at the current time. Most of Invesco NASDAQ's value examination focuses on studying past and present price action to predict the probability of Invesco NASDAQ's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Invesco NASDAQ's price. Additionally, you may evaluate how the addition of Invesco NASDAQ to your portfolios can decrease your overall portfolio volatility.
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QQQMDelisted Etf  USD 109.31  0.37  0.34%   
Invesco NASDAQ 100 competes with ZEGA Buy, Hartford Total, Zillow, Hull Tactical, and Northern Lights; as well as few others. Analyzing Invesco NASDAQ competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Invesco NASDAQ to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Invesco NASDAQ competition on your existing holdings. Please see Your Equity Center.