+Compare
QVMS
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
203.33M

QVMS Invesco S&P SmallCp 600 QVM Mlt-fctr ETF Forecast, Technical & Fundamental Analysis

Category SmallBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for QVMS with price predictions
07:00 PM EST Dec 04, 2023

QVMS's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for QVMS turned positive on November 02, 2023. Looking at past instances where QVMS's MACD turned positive, the stock continued to rise in of 17 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 01, 2023. You may want to consider a long position or call options on QVMS as a result. In of 45 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

QVMS moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for QVMS crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 8 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QVMS advanced for three days, in of 129 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 129 cases where QVMS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for QVMS moved out of overbought territory on December 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 15 similar instances where the indicator moved out of overbought territory. In of the 15 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where QVMS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

QVMS broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Abercrombie & Fitch Co (NYSE:ANF), Signet Jewelers Limited (NYSE:SIG), Arconic Corp (NASDAQ:ARNC), Tanger (NYSE:SKT), Genworth Financial (NYSE:GNW), Shake Shack (NYSE:SHAK), Livent Corp (NYSE:LTHM), Cal-Maine Foods (NASDAQ:CALM), Innovative Industrial Properties (NYSE:IIPR), Callon Petroleum Company (NYSE:CPE).

Industry description

The investment seeks to track the investment results of the S&P SmallCap 600 ® Quality, Value & Momentum Top 90% Multi- Factor Index. The fund will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, designed to measure the performance of 90% of the stocks within the S&P SmallCap 600® Index, after excluding those with the lowest quality, value and momentum multi-factor score. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Market Cap

The average market capitalization across the Invesco S&P SmallCp 600 QVM Mlt-fctr ETF ETF is 1.82B. The market cap for tickers in the group ranges from 107.24M to 7.29B. RMBS holds the highest valuation in this group at 7.29B. The lowest valued company is EBS at 107.24M.

High and low price notable news

The average weekly price growth across all stocks in the Invesco S&P SmallCp 600 QVM Mlt-fctr ETF ETF was 4%. For the same ETF, the average monthly price growth was 6%, and the average quarterly price growth was 1%. HA experienced the highest price growth at 210%, while DBI experienced the biggest fall at -22%.

Volume

The average weekly volume growth across all stocks in the Invesco S&P SmallCp 600 QVM Mlt-fctr ETF ETF was -43%. For the same stocks of the ETF, the average monthly volume growth was -56% and the average quarterly volume growth was -53%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 57
P/E Growth Rating: 50
Price Growth Rating: 53
SMR Rating: 65
Profit Risk Rating: 71
Seasonality Score: 27 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category SmallBlend

Profile
Fundamentals
Details
Category
Small Blend
Address
PowerShares Exchange-Traded Fund Tr II301 West Roosevelt RoadWheaton
Phone
N/A
Web
www.invescopowershares.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
MAILX18.65N/A
N/A
BlackRock International Instl
GWETX27.51N/A
N/A
AMG GW&K Small Cap Core N
IPFCX28.26N/A
N/A
Poplar Forest Cornerstone Investor
BTMPX14.70N/A
N/A
iShares MSCI EAFE Intl Idx Inv P
DESSX19.62N/A
N/A
DWS ESG Core Equity S

QVMS and

Correlation & Price change

A.I.dvisor indicates that over the last year, QVMS has been closely correlated with IJR. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if QVMS jumps, then IJR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To QVMS
1D Price
Change %
QVMS100%
-1.06%
IJR - QVMS
100%
Closely correlated
-1.48%
SPSM - QVMS
100%
Closely correlated
-1.43%
FNDA - QVMS
99%
Closely correlated
-1.48%
IWM - QVMS
97%
Closely correlated
-1.31%
VTWO - QVMS
97%
Closely correlated
-1.34%
More