Invesco Nasdaq 100 Etf Probability of Future Etf Price Finishing Over 205.26
QQQM Etf | USD 218.04 0.17 0.08% |
Invesco |
Invesco NASDAQ Target Price Odds to finish over 205.26
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 stay above $ 205.26 in 90 days |
218.04 | 90 days | 205.26 | about 59.67 |
Based on a normal probability distribution, the odds of Invesco NASDAQ to stay above $ 205.26 in 90 days from now is about 59.67 (This Invesco NASDAQ 100 probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) . Probability of Invesco NASDAQ 100 price to stay between $ 205.26 and its current price of $218.04 at the end of the 90-day period is about 55.76 .
Given the investment horizon of 90 days Invesco NASDAQ has a beta of 0.85 indicating Invesco NASDAQ 100 market returns are highly reactive to returns on the market. As the market goes up or down, Invesco NASDAQ is expected to follow. Additionally Invesco NASDAQ 100 has an alpha of 0.1092, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Invesco NASDAQ Price Density |
Price |
Predictive Modules for Invesco NASDAQ
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 NASDAQ 100. 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.Invesco NASDAQ Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Invesco NASDAQ is not an exception. The market had few large corrections towards the Invesco NASDAQ'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 NASDAQ 100, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Invesco NASDAQ within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.85 | |
σ | Overall volatility | 6.37 | |
Ir | Information ratio | 0.10 |
Invesco NASDAQ 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 NASDAQ for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Invesco NASDAQ 100 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 seekingalpha.com: Invesco NASDAQ 100 ETF declares quarterly distribution of 0.3103 | |
The fund maintains 99.91% of its assets in stocks |
Invesco NASDAQ Technical Analysis
Invesco NASDAQ'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 NASDAQ 100. In general, you should focus on analyzing Invesco Etf price patterns and their correlations with different microeconomic environments and drivers.
Invesco NASDAQ Predictive Forecast Models
Invesco NASDAQ's time-series forecasting models is one of many Invesco NASDAQ'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 NASDAQ'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 NASDAQ 100
Checking the ongoing alerts about Invesco NASDAQ for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Invesco NASDAQ 100 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 seekingalpha.com: Invesco NASDAQ 100 ETF declares quarterly distribution of 0.3103 | |
The fund maintains 99.91% of its assets in stocks |
Check out Invesco NASDAQ Backtesting, Portfolio Optimization, Invesco NASDAQ Correlation, Invesco NASDAQ Hype Analysis, Invesco NASDAQ Volatility, Invesco NASDAQ History as well as Invesco NASDAQ Performance. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.