Invesco Etf Performance
PZD Etf | USD 41.85 0.59 1.43% |
The etf retains a Market Volatility (i.e., Beta) of 0.56, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Invesco is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
In Threey Sharp Ratio | -0.53 |
Invesco |
Invesco Relative Risk vs. Return Landscape
If you would invest 4,176 in Invesco on January 20, 2024 and sell it today you would earn a total of 9.00 from holding Invesco or generate 0.22% return on investment over 90 days. Invesco is generating 0.0323% of daily returns assuming volatility of 0.6015% on return distribution over 90 days investment horizon. In other words, 5% 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 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco, and traders can use it to determine the average amount a Invesco'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 = 0.0537
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Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Invesco is performing at about 4% 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 by adding it to a well-diversified portfolio.
Invesco Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco, and Invesco 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 | 0.84 | |||
Return On Asset | 0.0077 | |||
Profit Margin | 0.01 % | |||
Operating Margin | 63.29 % | |||
Price To Earning | 22.74 X | |||
Price To Book | 2.93 X | |||
Price To Sales | 1.67 X | |||
Revenue | 1.29 M | |||
EBITDA | 707.17 K | |||
Cash And Equivalents | 345 | |||
Earnings Per Share | 0.26 X | |||
Total Asset | 515.58 M | |||
Current Asset | 290.11 K | |||
Current Liabilities | 140.79 K | |||
About Invesco Performance
To evaluate Invesco 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 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 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 investment seeks to track the investment results of the MSCI Global Environment Select Index. PowerShares Exchange-Traded is traded on ARC Exchange in the United States.Invesco is not yet fully synchronised with the market data | |
The fund generated three year return of -13.0% | |
Invesco maintains all of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Invesco information on this page should be used as a complementary analysis to other Invesco'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Invesco 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's value that differs from its market value or its book value, called intrinsic value, which is Invesco'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's market value can be influenced by many factors that don't directly affect Invesco'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco'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.