Invesco SP Financials
EQL Etf | CAD 39.46 0.04 0.10% |
Invesco |
The data published in Invesco SP's official financial statements typically reflect Invesco SP's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Invesco SP's quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco SP's liquidity, profitability, and earnings quality within the context of the Invesco Canada Ltd. space in which it operates.
Invesco SP Etf Summary
Invesco SP competes with IShares Core, IShares SPTSX, BMO NASDAQ, Vanguard, and Vanguard. EQL seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the SP 500 Equal Weight Index, or any successor thereto, on an unhedged basis, in the case of any unhedged units, or on a hedged basis, in the case of any hedged units. INVESCO SP is traded on Toronto Stock Exchange in Canada.Instrument | Canada Etf |
Exchange | Toronto Exchange |
ISIN | CA46137P1036 |
Region | Others |
Investment Issuer | Others |
Etf Family | Invesco Canada Ltd. |
Fund Category | Others |
Portfolio Concentration | Others |
Benchmark | Dow Jones Industrial |
Currency | CAD - Canadian Dollar |
You should never invest in Invesco SP without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Invesco Etf, because this is throwing your money away. Analyzing the key information contained in Invesco SP's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Invesco SP Key Financial Ratios
Invesco SP's financial ratios allow both analysts and investors to convert raw data from Invesco SP's financial statements into concise, actionable information that can be used to evaluate the performance of Invesco SP over time and compare it to other companies across industries.Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco SP's current stock value. Our valuation model uses many indicators to compare Invesco SP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco SP competition to find correlations between indicators driving Invesco SP's intrinsic value. More Info.Invesco SP 500 is rated below average in beta as compared to similar ETFs. It also is rated below average in one year return as compared to similar ETFs reporting about 30.54 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value Invesco SP by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Invesco SP's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Invesco SP 500 Systematic Risk
Invesco SP's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco SP volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Invesco SP 500 correlated with the market. If Beta is less than 0 Invesco SP generally moves in the opposite direction as compared to the market. If Invesco SP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco SP 500 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco SP is generally in the same direction as the market. If Beta > 1 Invesco SP moves generally in the same direction as, but more than the movement of the benchmark.
Invesco SP December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco SP help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco SP 500. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco SP 500 based on widely used predictive technical indicators. In general, we focus on analyzing Invesco Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Invesco SP's daily price indicators and compare them against related drivers.
Downside Deviation | 0.4492 | |||
Information Ratio | 0.0939 | |||
Maximum Drawdown | 3.85 | |||
Value At Risk | (0.68) | |||
Potential Upside | 1.16 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.