Invesco High Yield Etf Performance
| PEY Etf | USD 19.93 0.39 2.00% |
The etf retains a Market Volatility (i.e., Beta) of 1.22, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Invesco High will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days Invesco High Yield has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical and fundamental indicators, Invesco High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Is Invesco High Yield Equity Dividend Achievers ETF a Strong ETF Right Now - Yahoo Finance | 01/26/2024 |
2 | PEY ETF Pass Due To Bad Exposure And High Fees - Seeking Alpha | 02/14/2024 |
3 | Objective longshort Report - Stock Traders Daily.com | 03/04/2024 |
4 | Integrated Advisors Network LLC Grows Stake in Invesco High Yield Equity Dividend Achievers ETF | 03/11/2024 |
5 | 5356 Shares in Invesco High Yield Equity Dividend Achievers ETF Acquired by EP Wealth Advisors LLC - Defense World | 03/19/2024 |
6 | Raymond James Associates Decreases Position in Invesco High Yield Equity Dividend Achievers ETF - Defense World | 04/09/2024 |
| In Threey Sharp Ratio | 0.21 |
Invesco |
Invesco High Relative Risk vs. Return Landscape
If you would invest 2,023 in Invesco High Yield on January 23, 2024 and sell it today you would lose (30.00) from holding Invesco High Yield or give up 1.48% of portfolio value over 90 days. Invesco High Yield is generating negative expected returns assuming volatility of 1.0311% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than Invesco, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Invesco High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco High Yield, and traders can use it to determine the average amount a Invesco High'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 = -0.0179
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco High 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 High by adding Invesco High to a well-diversified portfolio.
Invesco High Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco High, and Invesco High 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.
| Return On Equity | 5.0E-4 | |||
| Return On Asset | 3.44 | |||
| Profit Margin | 0.79 % | |||
| Shares Outstanding | 64.3 M | |||
| Price To Earning | 3.14 X | |||
| Price To Book | 1.09 X | |||
| Price To Sales | 1.64 X | |||
| Revenue | 14.29 M | |||
| Earnings Per Share | 1.84 X | |||
| Total Asset | 1.23 B | |||
About Invesco High Performance
To evaluate Invesco High Yield Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Invesco High generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Invesco Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Invesco High Yield market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Invesco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. High Yield is traded on NASDAQ Exchange in the United States.| Invesco High Yield generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Raymond James Associates Decreases Position in Invesco High Yield Equity Dividend Achievers ETF - Defense World | |
| The fund maintains all of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco High Yield. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Invesco High Yield information on this page should be used as a complementary analysis to other Invesco High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Invesco High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is Invesco High'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 High's market value can be influenced by many factors that don't directly affect Invesco High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco High'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.