Invesco Solar Etf Price To Earnings To Growth
| TAN Etf | USD 42.91 1.42 3.42% |
Invesco Solar ETF fundamentals help investors to digest information that contributes to Invesco Solar'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 Solar'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 Solar etf.
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Invesco Solar ETF ETF Price To Earnings To Growth Analysis
Invesco Solar's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Based on the latest financial disclosure, Invesco Solar ETF has a Price To Earnings To Growth of 0.0 times. This indicator is about the same for the Invesco average (which is currently at 0.0) family and about the same as Miscellaneous Sector (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Invesco Solar
The fund invests 99.68% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Invesco Solar's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Invesco Fundamentals
| Price To Earning | 8.63 X | |||
| Price To Book | 0.57 X | |||
| Price To Sales | 0.48 X | |||
| Number Of Employees | 107 | |||
| Beta | 1.45 | |||
| Total Asset | 2.56 B | |||
| One Year Return | (39.60) % | |||
| Three Year Return | (20.60) % | |||
| Five Year Return | 10.30 % | |||
| Ten Year Return | 1.20 % | |||
| Net Asset | 2.56 B | |||
| Last Dividend Paid | 0.091 | |||
| Equity Positions Weight | 99.68 % |
About Invesco Solar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Solar ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Solar ETF 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.
Invesco Solar Implied Volatility | 72.58 |
Invesco Solar's implied volatility exposes the market's sentiment of Invesco Solar ETF stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Invesco Solar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Invesco Solar stock will not fluctuate a lot when Invesco Solar's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Invesco Solar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Invesco Solar's short interest history, or implied volatility extrapolated from Invesco Solar options trading.
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Check out Invesco Solar Piotroski F Score and Invesco Solar Altman Z Score analysis. Note that the Invesco Solar ETF information on this page should be used as a complementary analysis to other Invesco Solar'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Invesco Solar ETF 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 Solar's value that differs from its market value or its book value, called intrinsic value, which is Invesco Solar'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 Solar's market value can be influenced by many factors that don't directly affect Invesco Solar'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 Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Solar'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.