Invesco DB Financial Statements From 2010 to 2026
| UUP Etf | USD 26.99 0.14 0.52% |
Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
Check Invesco DB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Invesco DB's main balance sheet or income statement drivers, such as , as well as many indicators such as . Invesco financial statements analysis is a perfect complement when working with Invesco DB Valuation or Volatility modules.
This module can also supplement Invesco DB's financial leverage analysis and stock options assessment as well as various Invesco DB Technical models . Check out the analysis of Invesco DB Correlation against competitors. Pair Trading with Invesco DB
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 DB 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 DB will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Etf
Moving against Invesco Etf
| 0.82 | UDN | Invesco DB Dollar | PairCorr |
| 0.53 | QTJA | Innovator ETFs Trust | PairCorr |
| 0.51 | QTOC | Innovator ETFs Trust | PairCorr |
| 0.5 | XTOC | Innovator ETFs Trust | PairCorr |
| 0.5 | QTAP | Innovator Growth 100 | PairCorr |
The ability to find closely correlated positions to Invesco DB 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 DB 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 DB - 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 DB Dollar to buy it.
The correlation of Invesco DB 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 DB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco DB Dollar 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 DB 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.Check out the analysis of Invesco DB Correlation against competitors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Invesco DB Dollar's market price often diverges from its book value, the accounting figure shown on Invesco's balance sheet. Smart investors calculate Invesco DB's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Invesco DB's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Invesco DB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DB'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.