Invesco KBW Competition
| KBWY Etf | USD 16.45 0.16 0.98% |
Invesco KBW vs Exchange Traded Correlation
Very poor diversification
The correlation between Invesco KBW Premium and BINT is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Invesco KBW Premium and BINT in the same portfolio, assuming nothing else is changed.
Moving together with Invesco Etf
| 0.77 | VNQ | Vanguard Real Estate | PairCorr |
| 0.71 | XLRE | Real Estate | PairCorr |
| 0.76 | IYR | iShares Real Estate | PairCorr |
| 0.66 | ICF | iShares Cohen Steers Low Volatility | PairCorr |
Moving against Invesco Etf
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco KBW's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Invesco KBW Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco KBW and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Invesco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Invesco KBW Premium does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Invesco KBW Constituents Risk-Adjusted Indicators
There is a big difference between Invesco Etf performing well and Invesco KBW ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Invesco KBW's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ISCB | 0.84 | 0.06 | 0.08 | 0.14 | 0.76 | 1.89 | 4.08 | |||
| TOK | 0.57 | 0.04 | (0.06) | (1.04) | 0.75 | 1.05 | 3.49 | |||
| ADME | 0.51 | 0.00 | (0.13) | 0.03 | 0.69 | 0.75 | 3.07 | |||
| FCPI | 0.59 | 0.00 | (0.03) | 0.09 | 0.75 | 1.05 | 3.30 | |||
| GINN | 0.76 | (0.09) | (0.08) | 0.00 | 0.99 | 1.61 | 3.89 | |||
| LCTD | 0.63 | 0.10 | 0.09 | 0.22 | 0.65 | 1.39 | 3.14 | |||
| SAMT | 0.83 | 0.07 | (0.01) | 0.73 | 1.13 | 1.61 | 4.62 | |||
| IPAY | 1.07 | (0.28) | 0.00 | (0.13) | 0.00 | 1.90 | 7.90 | |||
| VALQ | 0.59 | 0.14 | 0.07 | 14.33 | 0.51 | 1.44 | 3.86 | |||
| BINT | 0.56 | 0.08 | 0.07 | 0.20 | 0.57 | 1.24 | 2.95 |
Invesco KBW Competitive Analysis
The better you understand Invesco KBW competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco KBW's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Invesco KBW's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Invesco KBW Competition Performance Charts
Five steps to successful analysis of Invesco KBW Competition
Invesco KBW's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Invesco KBW Premium in relation to its competition. Invesco KBW's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Invesco KBW in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Invesco KBW's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Invesco KBW Premium, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Invesco KBW position
In addition to having Invesco KBW 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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Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 45 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 Military Industrial Theme or any other thematic opportunities.
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Check out Invesco KBW Correlation with its peers. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Investors evaluate Invesco KBW Premium using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Invesco KBW's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Invesco KBW's market price to deviate significantly from intrinsic value.
Understanding that Invesco KBW's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Invesco KBW represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Invesco KBW's market price signifies the transaction level at which participants voluntarily complete trades.