Invesco Etf Profile

PXJ Etf  USD 31.59  0.11  0.35%   

Market Performance

21 of 100


Odds Of Distress

Less than 1

Invesco Dynamic is selling for 31.59 as of the 29th of September 2023. This is a -0.35% down since the beginning of the trading day. The etf's last reported lowest price was 31.36. Invesco Dynamic has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Invesco Dynamic Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2023 and ending today, the 29th of September 2023. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. Dynamic Oil is traded on NYSEARCA Exchange in the United States. More on Invesco Dynamic Oil

Moving together with Invesco Etf

+0.96XLEEnergy Select Sector Aggressive PushPairCorr
+0.96VDEVanguard Energy IndexPairCorr
+0.93XOPSPDR SP OilPairCorr
+0.98OIHVanEck Oil ServicesPairCorr
+0.96IYEIShares US EnergyPairCorr
+0.94IXCIShares Global EnergyPairCorr
+0.94FXNFirst Trust EnergyPairCorr

Moving against Invesco Etf

-0.55GREIGoldman Sachs FuturePairCorr
-0.45AMLXAmylyx Pharmaceuticals Fiscal Quarter End 30th of September 2023 PairCorr

Invesco Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Invesco Dynamic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Invesco Dynamic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanBruce Bond
Old Names[TRIPLE PLATE JUNCT, TRIPLE PLATE JUNCT - Frankfurt Stock Exchang, AURASIAN MIN (PXJ.SG), Powershares Dynamic Oil & Gas Services Portfolio]
Thematic Ideas
(view all).
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Invesco Dynamic's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Inception Date2005-10-26
BenchmarkDynamic Oil Services Intellidex Index
Entity TypeRegulated Investment Company
Asset Under Management47.23 Million
Average Trading Valume410,395.2
Asset TypeEquity
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents31.0
Total Expense0.68
Management Fee0.5
Nav Price4.88
Two Hundred Day Average4.2835
Average Daily Volume In Three Month308.06k
Trailing Annual Dividend Rate0.14
Fifty Two Week Low2.92
As Of Date25th of October 2022
Trailing Annual Dividend Yield2.76%
Average Daily Volume Last 10 Day518.1k
Fifty Two Week High5.36
One Month32.02%
Fifty Day Average4.5214
Three Month27.26%
Invesco Dynamic Oil [PXJ] is traded in USA and was established 2005-10-26. The fund is classified under Equity Energy category within Invesco family. The entity is thematically classified as Sector ETFs. Invesco Dynamic Oil at this time have 23.27 M in assets. , while the total return for the last 3 years was 2.41%.
Check Invesco Dynamic Probability Of Bankruptcy

Geographic Allocation (%)

Top Invesco Dynamic Oil Etf Constituents

BKRBaker Hughes CoStockEnergy
NEXNextier Oilfield SolutionsStockEnergy
CLBCore Laboratories NVStockEnergy
TUSKMammoth Energy ServicesStockEnergy
DHTDHT HoldingsStockEnergy
HLXHelix Energy SolutionsStockEnergy
FTSIFTS InternationalStockOil & Gas Equipment & Services
More Details

Invesco Dynamic Target Price Odds Analysis

Based on a normal probability distribution, the odds of Invesco Dynamic jumping above the current price in 90 days from now is about 7.19%. The Invesco Dynamic Oil probability density function shows the probability of Invesco Dynamic etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.2565 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Invesco Dynamic will likely underperform. Additionally, the company has an alpha of 0.464, implying that it can generate a 0.46 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 31.59HorizonTargetOdds Above 31.59
92.74%90 days
Based on a normal probability distribution, the odds of Invesco Dynamic to move above the current price in 90 days from now is about 7.19 (This Invesco Dynamic Oil probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) .

Invesco Dynamic Historical Income Statement

Invesco Dynamic Oil Income Statement is one of the three primary financial statements used for reporting Invesco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Invesco Dynamic Oil revenue and expense. Invesco Dynamic Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Net Income is expected to hike to about 323.8 K this year. Revenues is expected to hike to about 1.4 M this year View More Fundamentals

Invesco Dynamic Against Markets

Picking the right benchmark for Invesco Dynamic etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Invesco Dynamic etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Invesco Dynamic is critical whether you are bullish or bearish towards Invesco Dynamic Oil at a given time. Please also check how Invesco Dynamic's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco Dynamic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Invesco Etf?

Before investing in Invesco Dynamic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Invesco Dynamic. To buy Invesco Dynamic etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Invesco Dynamic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Invesco Dynamic etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Invesco Dynamic Oil etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Invesco Dynamic Oil etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Invesco Dynamic Oil, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Invesco Etf please use our How to Invest in Invesco Dynamic guide.

Already Invested in Invesco Dynamic Oil?

The danger of trading Invesco Dynamic Oil is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Invesco Dynamic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Invesco Dynamic. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco Dynamic Oil is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Dynamic Oil. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in banks. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Invesco Dynamic's price analysis, check to measure Invesco Dynamic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Dynamic is operating at the current time. Most of Invesco Dynamic's value examination focuses on studying past and present price action to predict the probability of Invesco Dynamic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Dynamic's price. Additionally, you may evaluate how the addition of Invesco Dynamic to your portfolios can decrease your overall portfolio volatility.
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The market value of Invesco Dynamic Oil 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Invesco Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect Invesco Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Dynamic'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.