Invesco Nasdaq 100 Etf Performance
| QQQM Etf | USD 189.18 0.00 0.00% |
The etf retains a Market Volatility (i.e., Beta) of 1.1, which attests to a somewhat significant risk relative to the market. Invesco NASDAQ returns are very sensitive to returns on the market. As the market goes up or down, Invesco NASDAQ is expected to follow.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Invesco NASDAQ 100 are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Invesco NASDAQ is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Invesco NASDAQ 100 ETF Shares Acquired by Silver Oak Securities Incorporated | 03/11/2024 |
2 | Earnings Season Could Play Out Well for These ETFs - ETF Trends | 04/03/2024 |
3 | QQQM, REGN, GILD, ASML Large Inflows Detected at ETF - Nasdaq | 04/08/2024 |
4 | Earnings Theater Probably Meaningful for These ETFs - ETFdb.com | 04/22/2024 |
5 | ETF Spotlight Invesco QQQM Outshines QQQ etf.com - etf.com | 04/26/2024 |
6 | The Tech Sector Has Been Booming Lately. Heres One ETF Investors Should Add to Their Portfolios. | 05/03/2024 |
7 | How Familiar Trio Could Shape QQQ Outlook - ETF Trends | 05/08/2024 |
8 | QQQM, the Nasdaq 100 ETF surpasses 10B in AUM in less than 3 years - MSN | 05/14/2024 |
9 | Should Invesco NASDAQ 100 ETF Be on Your Investing Radar | 05/20/2024 |
| In Threey Sharp Ratio | 0.35 |
Invesco |
Invesco NASDAQ Relative Risk vs. Return Landscape
If you would invest 17,884 in Invesco NASDAQ 100 on February 28, 2024 and sell it today you would earn a total of 1,034 from holding Invesco NASDAQ 100 or generate 5.78% return on investment over 90 days. Invesco NASDAQ 100 is currently generating 0.0925% in daily expected returns and assumes 0.9705% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Invesco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Invesco NASDAQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco NASDAQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco NASDAQ 100, and traders can use it to determine the average amount a Invesco NASDAQ's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0953
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | QQQM | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Invesco NASDAQ is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco NASDAQ by adding it to a well-diversified portfolio.
Invesco NASDAQ Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco NASDAQ, and Invesco NASDAQ fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Etf performance.
| Total Asset | 5.18 B | |||
About Invesco NASDAQ Performance
To evaluate Invesco NASDAQ 100 Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Invesco NASDAQ generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Invesco Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Invesco NASDAQ 100 market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Invesco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. Invesco Nasdaq is traded on NASDAQ Exchange in the United States.| Latest headline from zacks.com: Should Invesco NASDAQ 100 ETF Be on Your Investing Radar | |
| The fund maintains 99.91% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco NASDAQ 100. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Invesco NASDAQ 100 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 NASDAQ's value that differs from its market value or its book value, called intrinsic value, which is Invesco NASDAQ'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 NASDAQ's market value can be influenced by many factors that don't directly affect Invesco NASDAQ'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 NASDAQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco NASDAQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco NASDAQ'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.