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RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
QQQX
Primary Facts
Asset Management
Name:
-
Sector:
-
Industry:
22.36
CEO:
Total Employees:
Small Cap
Our Technological Advancement Rating
Our Rating:
-
Nuveen Nasdaq 100 Dyn Ov (XNAS:QQQX) In-Depth Stock/Fundamental/Options Analysis Today
Primary Targets/Price Insights
Previous Close ($) :
Nuveen Nasdaq 100 Dyn Ov (XNAS:QQQX)
One Month Price Target:
Six Month Price Target :
$25.43
Likely Price in One Year's Time:
Ticker:
$40.8
Likely Trading Range Today Under (Normal Volatility)
$22.43
Price Upper limit ($) :
$59.24
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
P303
This week:
$21.58
This month :
$20.62
Other Primary facts
Market Cap:
-
Market Cap Classification:
1.09B
Number of Shares
IPO Date:
-
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
-14.36%
$18.89
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$24.32
9.34%
$20.40
$25.96
Medium risk (<10%) entry points
Buy Call
Sell Call
$23.44
Buy Put:
Sell Put:
$18.76
$21.28
$23.79
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
Asset Management
Sharpe Ratio:
QQQX, is amongst the top 40% lowest yielding stocks in terms of daily returns
Comparison:
0.80%
-1.398499344
Sharpe ratio is -139.85% lower than the industry
Average Returns/Yield of
Asset Management
Daily returns:
1
Weekly returns:
0.00%
Monthly returns:
0.02%
Yearly returns:
0.82%
Comparison of returns:
-0.910476312
Classification:
Average annual returns/yield (last 3 years) is -91.05% below industry average
Results of T-Test of Returns:
QQQX is a comparatively less risky than Nasdaq (IXIC)
Statistical test of Returns:
0.60
Volatility (measured by Standard Deviation)
Daily Volatility:
& is -114.06% lower than the market/S&P 500 average
Weekly Volatility:
1.69%
Monthly Volatility:
3.78%
Yearly Volatility:
7.57%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
32.99%
-42.75%
Value at Risk Analysis (VaR)
Daily VaR:
Volatility in last five trading days has been -42.75% below long-term volatility
Weekly VaR:
-3.47%
Monthly VaR:
-7.76%
How Much Can the price of
Asset Management
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
Risk of crash in next 6/12 months: Low (<25%)
Worst case (decline):
$19.30
This translates to price declining to:
-14%
This translates to price declining to:
-53.79%
Severe Crash Probability
-15.53%
What is Value at Risk (VaR)?
Risk Fundamentals
-6.11%
QQQX is a 9.60% riskier investment compared to the market/S&P 500 & is -6.11% less risky than Nasdaq(IXIC)
QQQX is a 9.60% riskier investment compared to the market/S&P 500
Beta Examination of
Asset Management
24.547
Expected beta in 1 year's time:
0.691
Expected beta in 3 year's time:
8.565
Unlevered (debt free) Beta:
Beta in relation to market/S&P 500--24.55
Beta in relation to Nasdaq (XNAS):
Returns are left (negative) skewed; mean returns are lower than median and mode returns
Beta in relation to all global stocks::
Beta is 1348.79% above industry average
Beta Comparison & Analysis
Beta of competitors/peers::
-
25.730
Average Industry Beta:
Beta is 2573.04% higher than peers
13.48791151
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
-
-65.72%
Alpha provided | Alpha Analysis
Alpha provided:
12.112
29.590
-108.517
Analysis of Cost of Capital of
Asset Management
Equity cost of capital:
Alpha is -10852% below the market average
10.609
Unlevered (without debt) cost of capital:
Equity cost of capital is 1060.86% above industry mean WACC
Before-tax cost of debt:
-
After-tax cost of debt:
-
Overall debt rating:
-
Weighted average cost of capital (WACC):
-
-
Key Per-Share Metrics & Analysis
Revenue per share:
Present value of the expected future dividends only: $1.14
Revenue growth rate per share of (3Y):
Price to sales ratio is 623.35% above the industry mean
-661.57%
EPS:
Two Hundred Five Million Two Hundred Eighty-Two Thousand Eighty Dollars
Expected Annual growth rate of EPS (3Y):
-
-111.73%
Free cash flow (FCF) per share:
Price to book ratio is -28.85% below the industry mean
-
-
Debt per share
-
EBITDA per share
-
Valuation Analysis Today of
Asset Management
P/E Ratio:
Sustainable growth rate is -65.72% below industry average
P/E Ratio of Competitors/Peers:
-
-
78.80123666
-0.716248108
-
Share value as per dividend discount (DDM) model: $3.65
P/S (Price to Sales ratio):
-
6.233532177
P/B (Price to book value ratio):
Price to sales ratio is 623.35% above the industry mean
-
-
Net income growth rate (3Y):
Annual revenue growth rate is -661.57% below industry average
-532.61%
Dividend Analysis
Net income growth rate is -532.61% lower than the industry average net income growth rate
-
$0.49
Previous Dividend: $0.49
Previous adjusted dividend: $0.49
Previous Dividend: $1.88
Expected next dividend best case: $0.53
Expected next dividend worst case: $0.46
Average dividend payment (long-term): $0.43
Average dividend increase/decrease (growth rate) % per period: 2.49%
Expected next dividend payment date: 29/09/2022
Expected next dividend record date: 13/09/2022
-
Previous dividend payment date: 07/01/2022
Previous dividend record date: 15/06/2022
Dividend History:
-
2022-03-14--$0.49
2021-09-14--$0.45
2022-06-14--$0.49
2021-12-14--$0.45
2021-06-14--$0.45
-0.549030781
In-depth Debt & Leverage Analysis
Debt to equity ratio:
-
Net debt to equity ratio:
The remaining useful life of property plant & equipment is: 3.3 years
Debt to assets ratio:
-
Net debt to assets ratio:
3.99%
-92.65%
Ability to repay debt:
Interest coverage ratio:
Debt-to-asset ratio is -92.65% below industry average
-0.97
Looking forward:
Debt growth rate:
1.0x
-
-
Analysis of Key Statistics
Correlation of price movement with the market:
21.36824662
Statistical significance of correlation:
-0.28%
Average Correlation of the industry with the market:
0.633
9.88%
R Squared (percentage of price movement explained by movement of the market):
0.633
Correlation of price movement with Nasdaq (^IXIC):
0.401
Covariance of price movement with the market:
-0.02
Kurtosis
-0.02
13.856
Skewness of returns:
Returns have severe fat-tails (leptokurtic), i.e., returns considerably higher or lower than the mean returns are considerably more likely, compared to assets with normally distributed returns
-0.941
Fundamental Analysis & Dupont Analysis of
Asset Management
Gross Profit Margin Ratio:
5.08M
Operating Profit Margin Ratio:
Net profit margin is 1719.99% higher than the industry
-54.13%
Net Profit Margin Ratio:
5.08M
Effective Tax Rate:
-
-
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
Return on assets (ROA) is 118.74% higher than the industry
-48.50%
Financial Leverage
Asset Turnover Ratio (ROA):
Operating profit margin is -54.13% lower than the industry
118.74%
Financial Leverage:
Interest coverage ratio is -96.59% less than industry average
Current Ratio:
Return on equity (ROE) is -48.50% lower than the industry
-
Cash Conversion Cycle (days):
-
-1.489393817
-
Stock based compensation to net income ratio:
-
In-depth Efficiency Analysis
Revenue generated per employee:
Cash conversion cycle is -148.94% below industry average
-
EBITDA generated per employee:
-
-
Profit generated per employee:
-
-
Free cash flow (FCF) generated per employee:
-
-
Assets/Capital per employee
-
-
Research & Development (R&D) Analysis
-
-
Competitors/Peer firms of
Asset Management
$4,711.62
STOCK YARDS BANCORP, INC. (XNAS:SYBT)
PREMIER FINANCIAL CORP. (XNAS:PFC)
Calamos Conv & High Inc (XNAS:CHY)
JAMES RIVER GROUP HOLDINGS, LTD. (XNAS:JRVR)
STONEX GROUP INC. (XNAS:SNEX)
EBSB
1ST SOURCE CORPORATION (XNAS:SRCE)
GERMAN AMERICAN BANCORP, INC. (XNAS:GABC)
Current Analyst Ratings
$4.88
Strong buy�0%
Buy�0%
Hold�0%
Sell�0%
Strong sell�0%
Income Statement
Period:
12/31/2019
Date:
Value
Revenue:
TTM
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
20.30M
15.22M
98%
-
180.00K
700.00K
-
-
15.92M
-
169.41M
-
7214%
-
169.40M
3649%
-
Statement of Cash Flow
Date:
Period:
-
Differed Income Tax :
-
Stock Based Compensation :
-
Change in Working Capital :
-
Accounts Receivables:
-
Other Working Capital:
-
Other Non-Cash Items:
-
Net Cash Provided by Operating Activities:
-
Investments in PP&E:
-
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
Value
12/31/2021
2021
FY
-
-
-
158.13K
-
-
-
-
-
-
1.36B
-
-
-
1.36B
1.36B
-
-
-
-
-
-
-
-
-
26.59M
26.59M
450.48K
989.62M
-
-
700.00K
344.80M
1.33B
1.36B
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Our Proprietary Portfolio Rating
Our Rating:
-
Price Forecast/Expected Price in Next 5 Years of
Asset Management
2023
2024
2025
2026
2027
95.60491886
$59.54
$253.31
$671.16
$1,778.27