Invesco Russell Three Year Return vs. Price to Sales

EQAL Etf  USD 46.19  0.21  0.46%   
Taking into consideration Invesco Russell's profitability measurements, Invesco Russell 1000 may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in April. Profitability indicators assess Invesco Russell's ability to earn profits and add value for shareholders.
For Invesco Russell profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco Russell to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco Russell 1000 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco Russell's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco Russell 1000 over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities.
The market value of Invesco Russell 1000 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is Invesco Russell'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 Russell's market value can be influenced by many factors that don't directly affect Invesco Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Russell'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.

Invesco Russell 1000 Price to Sales vs. Three Year Return Fundamental Analysis

Invesco Price to Sales vs. Three Year Return

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 Russell

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
3.90 %
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 Russell

 = 
null

Use Invesco Russell 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 Russell 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 Russell will appreciate offsetting losses from the drop in the long position's value.

Invesco Russell Pair Trading

Invesco Russell 1000 Pair Trading Analysis

The ability to find closely correlated positions to Invesco Russell 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 Russell 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 Russell - 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 Russell 1000 to buy it.
The correlation of Invesco Russell 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 Russell moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Russell 1000 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 Russell 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Invesco Russell position

In addition to having Invesco Russell 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?

Run Personal Services Thematic Idea Now

Personal Services
Personal Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Personal Services Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Invesco Russell 1000 is a strong investment it is important to analyze Invesco Russell's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco Russell's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:
Check out Investing Opportunities.
Note that the Invesco Russell 1000 information on this page should be used as a complementary analysis to other Invesco Russell'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Invesco Etf analysis

When running Invesco Russell's price analysis, check to measure Invesco Russell'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 Russell is operating at the current time. Most of Invesco Russell's value examination focuses on studying past and present price action to predict the probability of Invesco Russell'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 Russell's price. Additionally, you may evaluate how the addition of Invesco Russell to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
To fully project Invesco Russell's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco Russell 1000 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 Russell's income statement, its balance sheet, and the statement of cash flows.
Potential Invesco Russell investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Invesco Russell investors may work on each financial statement separately, they are all related. The changes in Invesco Russell's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco Russell's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.