Invesco Nasdaq Future Etf Net Asset
| QQQS Etf | USD 30.23 1.13 3.88% |
Fundamental analysis of Invesco NASDAQ allows traders to better anticipate movements in Invesco NASDAQ's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Invesco NASDAQ Future ETF Net Asset Analysis
Invesco NASDAQ's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Invesco NASDAQ Net Asset | 3.51 M |
Most of Invesco NASDAQ's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco NASDAQ Future is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Invesco NASDAQ Net Asset Component Assessment
Based on the recorded statements, Invesco NASDAQ Future has a Net Asset of 3.51 M. This is 99.91% lower than that of the Invesco family and 99.82% lower than that of the Small Blend category. The net asset for all United States etfs is 99.85% higher than that of the company.
Invesco Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco NASDAQ's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco NASDAQ could also be used in its relative valuation, which is a method of valuing Invesco NASDAQ by comparing valuation metrics of similar companies.Invesco NASDAQ is currently under evaluation in net asset as compared to similar ETFs.
Invesco Fundamentals
| Total Asset | 3.51 M | |||
| One Year Return | 15.80 % | |||
| Net Asset | 3.51 M |
About Invesco NASDAQ Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco NASDAQ Future's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco NASDAQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco NASDAQ Future based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
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Check out Invesco NASDAQ Piotroski F Score and Invesco NASDAQ Altman Z Score analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Invesco NASDAQ Future 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.