Invesco Db Base Etf Earnings Per Share
| DBB Etf | USD 20.37 0.27 1.34% |
Invesco DB Base fundamentals help investors to digest information that contributes to Invesco DB's financial success or failures. It also enables traders to predict the movement of Invesco Etf. The fundamental analysis module provides a way to measure Invesco DB's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco DB etf.
Invesco |
Invesco DB Base ETF Earnings Per Share Analysis
Invesco DB's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Invesco DB Earnings Per Share | 1.88 X |
Most of Invesco DB's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco DB Base is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
According to the company disclosure, Invesco DB Base has an Earnings Per Share of 1.88 times. This is much higher than that of the Invesco family and significantly higher than that of the Commodities Focused category. The earnings per share for all United States etfs is notably lower than that of the firm.
Invesco Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco DB's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco DB could also be used in its relative valuation, which is a method of valuing Invesco DB by comparing valuation metrics of similar companies.Invesco DB is currently under evaluation in earnings per share as compared to similar ETFs.
Invesco Fundamentals
| Price To Earning | 3.57 X | |||
| Earnings Per Share | 1.88 X | |||
| Beta | 0.8 | |||
| Market Capitalization | 213.38 M | |||
| Total Asset | 293.72 M | |||
| One Year Return | 7.20 % | |||
| Three Year Return | 3.50 % | |||
| Five Year Return | 5.50 % | |||
| Ten Year Return | 3.20 % | |||
| Net Asset | 293.72 M | |||
| Last Dividend Paid | 0.27 |
About Invesco DB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco DB Base's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco DB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco DB Base based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Invesco DB
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco DB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco DB will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Etf
| 0.93 | GLD | SPDR Gold Shares | PairCorr |
| 0.93 | IAU | iShares Gold Trust | PairCorr |
| 0.95 | SLV | iShares Silver Trust | PairCorr |
| 0.93 | GLDM | SPDR Gold MiniShares | PairCorr |
| 0.93 | SGOL | abrdn Physical Gold | PairCorr |
The ability to find closely correlated positions to Invesco DB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco DB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco DB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco DB Base to buy it.
The correlation of Invesco DB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco DB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco DB Base moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco DB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Invesco DB Piotroski F Score and Invesco DB Altman Z Score analysis. Note that the Invesco DB Base information on this page should be used as a complementary analysis to other Invesco DB'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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Invesco DB Base 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 DB's value that differs from its market value or its book value, called intrinsic value, which is Invesco DB'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 DB's market value can be influenced by many factors that don't directly affect Invesco DB'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 DB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DB'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.