Invesco Convertible Price To Earning vs. Three Year Return
| CNSAX Fund | USD 22.56 0.01 0.04% |
For Invesco Convertible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco Convertible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco Vertible Securities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco Convertible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco Vertible Securities over time as well as its relative position and ranking within its peers.
Invesco |
Invesco Vertible Sec Three Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Convertible's current stock value. Our valuation model uses many indicators to compare Invesco Convertible value to that of its competitors to determine the firm's financial worth. Invesco Vertible Securities is the top fund in price to earning among similar funds. It is the top fund in three year return among similar funds . Comparative valuation analysis is a catch-all model that can be used if you cannot value Invesco Convertible by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Invesco Convertible's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco Convertible's earnings, one of the primary drivers of an investment's value.Invesco Three Year Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Invesco Convertible |
| = | 8.71 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Invesco Convertible |
| = | (1.84) % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Invesco Three Year Return Comparison
Invesco Vertible is currently under evaluation in three year return among similar funds.
Invesco Convertible Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco Convertible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco Convertible will eventually generate negative long term returns. The profitability progress is the general direction of Invesco Convertible's change in net profit over the period of time. It can combine multiple indicators of Invesco Convertible, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests, under normal circumstances, at least 80 percent of its net assets in convertible securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest in below-investment-grade securities. The fund may invest up to 10 percent of its net assets in synthetic convertible securities and up to 25 percent of its net assets in exchangeable convertible securities.
Invesco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Invesco Convertible. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Invesco Convertible position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Invesco Convertible's important profitability drivers and their relationship over time.
Use Invesco Convertible in pair-trading
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 Convertible 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 Convertible will appreciate offsetting losses from the drop in the long position's value.Invesco Convertible Pair Trading
Invesco Vertible Securities Pair Trading Analysis
The ability to find closely correlated positions to Invesco Convertible 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 Convertible 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 Convertible - 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 Vertible Securities to buy it.
The correlation of Invesco Convertible 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 Convertible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Vertible Sec 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 Convertible 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.Use Investing Themes to Complement your Invesco Convertible position
In addition to having Invesco Convertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Trending Equities. Note that the Invesco Vertible Sec information on this page should be used as a complementary analysis to other Invesco Convertible'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Invesco Convertible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco Vertible Sec at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Invesco Convertible's income statement, its balance sheet, and the statement of cash flows.