Invesco Optimum Financials
| PDBC Etf | USD 13.59 0.07 0.52% |
Net Expense Ratio 0.0059 | 3 y Sharp Ratio 0.05 |
Invesco |
The data published in Invesco Optimum's official financial statements typically reflect Invesco Optimum'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 Optimum's quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco Optimum's liquidity, profitability, and earnings quality within the context of the Invesco space in which it operates.
Please note, the presentation of Invesco Optimum's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Invesco Optimum's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Invesco Optimum's management manipulating its earnings.
Invesco Optimum Etf Summary
Invesco Optimum competes with IShares GSCI, First Trust, IShares SP, Invesco DB, and Abrdn Bloomberg. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to the worlds most heavily traded commodities. Optimum Yield is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US46090F1003 |
| CUSIP | 46090F100 73937V106 |
| Region | Global |
| Investment Issuer | Invesco |
| Etf Family | Invesco |
| Fund Category | Broad Commodities |
| Portfolio Concentration | Broad Commodities |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Invesco Optimum Key Financial Ratios
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Optimum's current stock value. Our valuation model uses many indicators to compare Invesco Optimum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Optimum competition to find correlations between indicators driving Invesco Optimum's intrinsic value. More Info.Invesco Optimum Yield is regarded fifth largest ETF in beta as compared to similar ETFs. It also is regarded fifth largest ETF in one year return as compared to similar ETFs . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco Optimum's earnings, one of the primary drivers of an investment's value.Invesco Optimum Yield Systematic Risk
Invesco Optimum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Optimum 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Invesco Optimum Yield correlated with the market. If Beta is less than 0 Invesco Optimum generally moves in the opposite direction as compared to the market. If Invesco Optimum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Optimum Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Optimum is generally in the same direction as the market. If Beta > 1 Invesco Optimum moves generally in the same direction as, but more than the movement of the benchmark.
About Invesco Optimum Financials
What exactly are Invesco Optimum Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Invesco Optimum's income statement, its balance sheet, and the statement of cash flows. Potential Invesco Optimum investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Invesco Optimum investors may use each financial statement separately, they are all related. The changes in Invesco Optimum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco Optimum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Invesco Optimum Thematic Clasifications
Invesco Optimum Yield is part of Broad Commodities ETFs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA ETFs from Broad Commodities clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Broad Commodities clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Broad Commodities ETFs | View |
Invesco Optimum November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Optimum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Optimum Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Optimum Yield 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 Optimum's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.2 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.26 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.75 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Optimum Yield. 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. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Invesco Optimum Yield 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 Optimum's value that differs from its market value or its book value, called intrinsic value, which is Invesco Optimum'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 Optimum's market value can be influenced by many factors that don't directly affect Invesco Optimum'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 Optimum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Optimum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Optimum'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.