Invesco Agriculture Commodity Etf Profile
PDBA Etf | USD 38.37 0.31 0.81% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Invesco Agriculture is trading at 38.37 as of the 23rd of November 2024, a 0.81 percent increase since the beginning of the trading day. The etf's open price was 38.06. Invesco Agriculture has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Invesco Agriculture Commodity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of May 2024 and ending today, the 23rd of November 2024. Click here to learn more.
The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to commodities drawn from the agriculture sector. Invesco Agriculture is traded on NASDAQ Exchange in the United States.. More on Invesco Agriculture Commodity
Invesco Etf Highlights
Business Concentration | Commodities Focused, Invesco (View all Sectors) |
Issuer | Invesco |
Inception Date | 2022-08-24 |
Entity Type | Regulated Investment Company |
Asset Under Management | 43.63 Million |
Asset Type | Commodities |
Category | Agriculture |
Focus | Broad Agriculture |
Market Concentration | Developed Markets |
Region | North America |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Invesco Capital Management LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | Invesco Distributors, Inc. |
Portfolio Manager | Peter Hubbard, David Hemming, Theodore Samulowitz |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 31-Oct |
Exchange | NASDAQ |
Number of Constituents | 12.0 |
Market Maker | Susquehanna |
Total Expense | 0.74 |
Management Fee | 0.59 |
200 Day M A | 35.4057 |
Country Name | USA |
50 Day M A | 36.9892 |
Code | PDBA |
Updated At | 23rd of November 2024 |
Returns Y T D | 28.54 |
Name | Invesco Agriculture Commodity Strategy No K-1 ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG0196RJQS5 |
Type | ETF |
1y Volatility | 15.33 |
Invesco Agriculture Commodity [PDBA] is traded in USA and was established 2022-08-22. The fund is listed under Commodities Focused category and is part of Invesco family. Invesco Agriculture at this time have 10.3 M in assets. , while the total return for the last year was 26.2%.
Check Invesco Agriculture Probability Of Bankruptcy
Invesco Agriculture Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Agriculture. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.1149 | |||
Jensen Alpha | 0.1156 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.0029 |
Invesco Agriculture Against Markets
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The market value of Invesco Agriculture 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 Agriculture's value that differs from its market value or its book value, called intrinsic value, which is Invesco Agriculture'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 Agriculture's market value can be influenced by many factors that don't directly affect Invesco Agriculture'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 Agriculture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Agriculture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Agriculture'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.