Ronn Bagge - Invesco Trustee
PXQ Etf | USD 79.62 0.44 0.56% |
Ronn R. Bagge is trustee of PowerShares Capital Management LLC, Ronn was in YQA Capital Management LLC formerly OwnerCEO of Electronic Dynamic Balancing Co., Inc., Advisor of Park Industries, Inc. Director of MasterCare Experts, Inc. Advisor IVCF Great Lakes Region Director of Living Waters Wilderness Adventure Inc. Director of Wheaton Christian Grammar School
Age | 54 |
Tenure | 21 years |
Phone | 800 983-0903 |
Web | www.invescopowershares.com |
Invesco Management Efficiency
Invesco's management efficiency ratios could be used to measure how well Invesco manages its routine affairs as well as how well it operates its assets and liabilities.Similar Fund Executives
Found 2 records | One Year Return | ||
John Southard | Invesco Dynamic Large | N/A | |
John Southard | Invesco Dynamic Large | N/A |
Management Performance
Return On Equity | 0.0067 | |||
Return On Asset | 0.0066 |
Invesco Money Managers
Keith Ovitt, Secretary | ||
H Bond, Chairman of the Board of Trustee, Chief Executive Officer | ||
Philip Nussbaum, Trustee | ||
Ronn Bagge, Trustee | ||
Kevin Gustafson, Chief Compliance Officer | ||
D McMillan, Trustee | ||
Donald Wilson, Trustee | ||
Bruce Duncan, Chief Financial Officer, Treasurer | ||
Marc Kole, Trustee |
Invesco Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Invesco a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.0067 | |||
Return On Asset | 0.0066 | |||
Profit Margin | 0.01 % | |||
Price To Earning | 1.85 X | |||
Price To Book | 4.00 X | |||
Price To Sales | 3.19 X | |||
Revenue | 446.36 K | |||
Gross Profit | 504.11 K | |||
Net Income | 147.46 K | |||
Cash And Equivalents | 351 |
Pair Trading with Invesco
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Etf
0.88 | VGT | Vanguard Information | PairCorr |
0.82 | XLK | Technology Select Sector | PairCorr |
0.88 | IYW | iShares Technology ETF | PairCorr |
Moving against Invesco Etf
0.76 | AIVI | WisdomTree International | PairCorr |
0.72 | WTRE | WisdomTree New Economy | PairCorr |
0.59 | VPL | Vanguard FTSE Pacific | PairCorr |
The ability to find closely correlated positions to Invesco 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 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 - 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 to buy it.
The correlation of Invesco 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco 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 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Invesco 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's value that differs from its market value or its book value, called intrinsic value, which is Invesco'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's market value can be influenced by many factors that don't directly affect Invesco'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco'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.