Invesco Technology Financials
XLKS Etf | USD 671.90 3.90 0.58% |
Invesco |
The data published in Invesco Technology's official financial statements typically reflect Invesco Technology'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 Technology's quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco Technology's liquidity, profitability, and earnings quality within the context of the Invesco Investment Management Limited space in which it operates.
Please note, the imprecision that can be found in Invesco Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Invesco Technology SP. Check Invesco Technology's Beneish M Score to see the likelihood of Invesco Technology's management manipulating its earnings.
Invesco Technology Etf Summary
Invesco Technology competes with IShares Core, IShares Core, and Lyxor UCITS. The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the SP Select Sector Capped 20 percent Technology TR index. Source Technology is traded on Switzerland Exchange in Switzerland.Instrument | Switzerland Etf |
Exchange | SIX Swiss Exchange |
ISIN | IE00B3VSSL01 |
Region | Others |
Investment Issuer | Others |
Etf Family | Invesco Investment Management Limited |
Benchmark | Dow Jones Industrial |
Currency | USD - US Dollar |
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Technology's current stock value. Our valuation model uses many indicators to compare Invesco Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Technology competition to find correlations between indicators driving Invesco Technology's intrinsic value. More Info.Invesco Technology SP is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.21 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Invesco Technology SP is roughly 4.68 . 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 Technology's earnings, one of the primary drivers of an investment's value.Invesco Technology Systematic Risk
Invesco Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Technology 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Invesco Technology correlated with the market. If Beta is less than 0 Invesco Technology generally moves in the opposite direction as compared to the market. If Invesco Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Technology is generally in the same direction as the market. If Beta > 1 Invesco Technology moves generally in the same direction as, but more than the movement of the benchmark.
Invesco Technology November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Technology SP. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Technology SP 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 Technology's daily price indicators and compare them against related drivers.
Downside Deviation | 1.41 | |||
Information Ratio | (0.04) | |||
Maximum Drawdown | 7.88 | |||
Value At Risk | (2.04) | |||
Potential Upside | 2.07 |
Other Information on Investing in Invesco Etf
Invesco Technology financial ratios help investors to determine whether Invesco Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco Technology security.