Invesco Nasdaq 100 Etf Performance
| QQC Etf | CAD 33.71 0.20 0.60% |
The etf retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco NASDAQ are expected to decrease at a much lower rate. During the bear market, Invesco NASDAQ is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
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Over the last 90 days Invesco NASDAQ 100 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Etf's fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
Invesco |
Invesco NASDAQ Relative Risk vs. Return Landscape
If you would invest 3,671 in Invesco NASDAQ 100 on December 23, 2024 and sell it today you would lose (300.00) from holding Invesco NASDAQ 100 or give up 8.17% of portfolio value over 90 days. Invesco NASDAQ 100 is producing return of less than zero assuming 1.33% volatility of returns over the 90 days investment horizon. Simply put, 11% of all etfs have less volatile historical return distribution than Invesco NASDAQ, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 = -0.0967
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| Negative Returns | QQC |
Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco NASDAQ is not performing at its full potential. However, 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 Invesco NASDAQ 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.
| Price To Earning | 21.91 X | |||
| Price To Book | 4.46 X | |||
| Price To Sales | 2.84 X | |||
| Total Asset | 125.32 M | |||
About Invesco NASDAQ Performance
By examining Invesco NASDAQ's fundamental ratios, stakeholders can obtain critical insights into Invesco NASDAQ's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Invesco NASDAQ is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the NASDAQ-100 Index, or any successor thereto, on an unhedged basis, in the case of any unhedged units, or on a hedged basis, in the case of any hedged units. PowerShares QQQ is traded on Toronto Stock Exchange in Canada.| Invesco NASDAQ 100 generated a negative expected return over the last 90 days |
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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.