(QQA) Invesco QQQ Income Advantage - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • • Derivative Income
QQA: Stocks, Options, Notes
The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index® or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.
Additional Sources for QQA ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
QQA ETF Overview
| Market Cap in USD | 145m |
| Category | Derivative Income |
| IPO / Inception | 2024-07-17 |
QQA ETF Ratings
| Growth 5y | 52.6% |
| Fundamental | - |
| Dividend | 37.4% |
| Rel. Strength Industry | -4.34 |
| Analysts | - |
| Fair Price Momentum | 48.86 USD |
| Fair Price DCF | - |
QQA Dividends
| Dividend Yield 12m | 4.22% |
| Yield on Cost 5y | 4.59% |
| Annual Growth 5y | -100.00% |
| Payout Consistency | 100.0% |
QQA Growth Ratios
| Growth Correlation 3m | 72.9% |
| Growth Correlation 12m | 92.8% |
| Growth Correlation 5y | 92.8% |
| CAGR 5y | 8.86% |
| CAGR/Mean DD 5y | 5.52 |
| Sharpe Ratio 12m | 0.40 |
| Alpha | -17.12 |
| Beta | 0.98 |
| Volatility | 17.40% |
| Current Volume | 23.6k |
| Average Volume 20d | 19.6k |
What is the price of QQA stocks?
As of January 22, 2025, the stock is trading at USD 50.97 with a total of 23,600 shares traded.
Over the past week, the price has changed by +3.20%, over one month by -0.16%, over three months by +4.93% and over the past year by +8.86%.
As of January 22, 2025, the stock is trading at USD 50.97 with a total of 23,600 shares traded.
Over the past week, the price has changed by +3.20%, over one month by -0.16%, over three months by +4.93% and over the past year by +8.86%.
Is Invesco QQQ Income Advantage a good stock to buy?
Partly, yes. Based on ValueRay Analyses, Invesco QQQ Income Advantage (NASDAQ:QQA) is currently (January 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 52.57 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of QQA as of January 2025 is 48.86. This means that QQA is currently overvalued and has a potential downside of -4.14%.
Partly, yes. Based on ValueRay Analyses, Invesco QQQ Income Advantage (NASDAQ:QQA) is currently (January 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 52.57 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of QQA as of January 2025 is 48.86. This means that QQA is currently overvalued and has a potential downside of -4.14%.
Is QQA a buy, sell or hold?
Invesco QQQ Income Advantage has no consensus analysts rating.
Invesco QQQ Income Advantage has no consensus analysts rating.
What are the forecast for QQA stock price target?
According to ValueRays Forecast Model, QQA Invesco QQQ Income Advantage will be worth about 54.3 in January 2026. The stock is currently trading at 50.97. This means that the stock has a potential upside of +6.53%.
According to ValueRays Forecast Model, QQA Invesco QQQ Income Advantage will be worth about 54.3 in January 2026. The stock is currently trading at 50.97. This means that the stock has a potential upside of +6.53%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 54.3 | 6.5% |