Invesco Agriculture Commodity Etf Profile

PDBA Etf  USD 38.37  0.31  0.81%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
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 ConcentrationCommodities Focused, Invesco (View all Sectors)
IssuerInvesco
Inception Date2022-08-24
Entity TypeRegulated Investment Company
Asset Under Management43.63 Million
Asset TypeCommodities
CategoryAgriculture
FocusBroad Agriculture
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, David Hemming, Theodore Samulowitz
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents12.0
Market MakerSusquehanna
Total Expense0.74
Management Fee0.59
200 Day M A35.4057
Country NameUSA
50 Day M A36.9892
CodePDBA
Updated At23rd of November 2024
Returns Y T D28.54
NameInvesco Agriculture Commodity Strategy No K-1 ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG0196RJQS5
TypeETF
1y Volatility15.33
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.

Invesco Agriculture Against Markets

When determining whether Invesco Agriculture offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Agriculture's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Agriculture Commodity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Agriculture Commodity Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Agriculture Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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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.