Invesco Dwa Consumer Etf Performance
| PEZ Etf | USD 89.39 0.50 0.56% |
The etf retains a Market Volatility (i.e., Beta) of 1.57, 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 DWA will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco DWA Consumer are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting technical and fundamental indicators, Invesco DWA may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
| In Threey Sharp Ratio | 0.15 |
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Invesco DWA Relative Risk vs. Return Landscape
If you would invest 8,195 in Invesco DWA Consumer on January 26, 2024 and sell it today you would earn a total of 744.00 from holding Invesco DWA Consumer or generate 9.08% return on investment over 90 days. Invesco DWA Consumer is generating 0.1482% of daily returns assuming volatility of 1.2718% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than Invesco, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Invesco DWA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco DWA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco DWA Consumer, and traders can use it to determine the average amount a Invesco DWA'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 = 0.1165
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Invesco DWA is performing at about 9% of its full potential. 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 DWA by adding it to a well-diversified portfolio.
Invesco DWA Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco DWA, and Invesco DWA 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 | 0.0159 | |||
| Return On Asset | 2.0E-4 | |||
| Profit Margin | 53.27 % | |||
| Price To Earning | 20.97 X | |||
| Price To Book | 4.56 X | |||
| Price To Sales | 1.58 X | |||
| Revenue | 537.01 K | |||
| Cash And Equivalents | 212 | |||
| Earnings Per Share | 0.39 X | |||
| Total Asset | 24.88 M | |||
About Invesco DWA Performance
To evaluate Invesco DWA Consumer 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 DWA 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 DWA Consumer 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 the securities that comprise the underlying index. DWA Consumer is traded on NASDAQ Exchange in the United States.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco DWA Consumer. 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 DWA Consumer information on this page should be used as a complementary analysis to other Invesco DWA'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Invesco DWA Consumer 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 DWA's value that differs from its market value or its book value, called intrinsic value, which is Invesco DWA'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 DWA's market value can be influenced by many factors that don't directly affect Invesco DWA'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 DWA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DWA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DWA'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.