Invesco Golden Financials
| PGJ Etf | USD 25.97 0.15 0.58% |
Net Expense Ratio 0.007 |
Invesco |
The data published in Invesco Golden's official financial statements typically reflect Invesco Golden'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 Golden's quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco Golden's liquidity, profitability, and earnings quality within the context of the Invesco space in which it operates.
Invesco Golden Etf Summary
Invesco Golden competes with SPDR SP, IShares MSCI, IShares China, IShares MSCI, and IShares MSCI. The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. Golden Dragon is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US46137V5710 |
| CUSIP | 46137V571 73935X401 |
| Region | Asia-Pacific |
| Investment Issuer | Invesco |
| Location | Illinois; U.S.A |
| Business Address | 301 W Roosevelt |
| Etf Family | Invesco |
| Fund Category | Broad Equity |
| Portfolio Concentration | Strategy |
| Benchmark | Dow Jones Industrial |
| Website | www.invescopowershares.com |
| Phone | 800 983 0909 |
| Currency | USD - US Dollar |
Invesco Golden Key Financial Ratios
| Return On Equity | 1.0E-4 | |||
| Return On Asset | 1.09 | |||
| Beta | 1.29 | |||
| Last Dividend Paid | 0.11 |
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Golden's current stock value. Our valuation model uses many indicators to compare Invesco Golden value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Golden competition to find correlations between indicators driving Invesco Golden's intrinsic value. More Info.Invesco Golden Dragon is rated below average in price to earning as compared to similar ETFs. It is regarded second largest ETF in price to book as compared to similar ETFs fabricating about 0.86 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Invesco Golden Dragon is roughly 1.17 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Invesco Golden by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Invesco Golden Dragon Systematic Risk
Invesco Golden's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Golden 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Invesco Golden Dragon correlated with the market. If Beta is less than 0 Invesco Golden generally moves in the opposite direction as compared to the market. If Invesco Golden Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Golden Dragon is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Golden is generally in the same direction as the market. If Beta > 1 Invesco Golden moves generally in the same direction as, but more than the movement of the benchmark.
Invesco Golden Thematic Clasifications
Invesco Golden Dragon is part of several thematic ideas from Strategy ETFs to Broad Equity ETFs. 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. Get More Thematic IdeasInvesco Golden December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Golden help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Golden Dragon. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Golden Dragon 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 Golden's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.5 | |||
| Information Ratio | 0.0819 | |||
| Maximum Drawdown | 17.88 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 5.16 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Golden Dragon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Invesco Golden Dragon 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 Golden's value that differs from its market value or its book value, called intrinsic value, which is Invesco Golden'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 Golden's market value can be influenced by many factors that don't directly affect Invesco Golden'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 Golden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Golden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Golden'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.