Invesco Dwa Smallcap Etf Performance
| DWAS Etf | USD 93.12 0.06 0.06% |
The etf retains a Market Volatility (i.e., Beta) of 0.9, which attests to possible diversification benefits within a given portfolio. Invesco DWA returns are very sensitive to returns on the market. As the market goes up or down, Invesco DWA is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Invesco DWA SmallCap has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Invesco DWA is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Trading Signals - Stock Traders Daily | 11/22/2024 |
2 | Trend Tracker for - Stock Traders Daily | 12/24/2024 |
| In Threey Sharp Ratio | 0.20 |
Invesco |
Invesco DWA Relative Risk vs. Return Landscape
If you would invest 9,668 in Invesco DWA SmallCap on November 18, 2024 and sell it today you would lose (356.00) from holding Invesco DWA SmallCap or give up 3.68% of portfolio value over 90 days. Invesco DWA SmallCap is currently does not generate positive expected returns and assumes 1.5641% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than Invesco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Invesco DWA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco DWA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco DWA SmallCap, and traders can use it to determine the average amount a Invesco DWA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0316
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DWAS |
Estimated Market Risk
| 1.56 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco DWA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco DWA by adding Invesco DWA to a well-diversified portfolio.
Invesco DWA Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco DWA, and Invesco DWA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Etf performance.
| Price To Earning | 21.76 X | |||
| Price To Book | 2.60 X | |||
| Price To Sales | 1.27 X | |||
| Total Asset | 343.39 M | |||
About Invesco DWA Performance
Assessing Invesco DWA's fundamental ratios provides investors with valuable insights into Invesco DWA's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Invesco DWA is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. DWA Smallcap is traded on NASDAQ Exchange in the United States.| Invesco DWA SmallCap generated a negative expected return over the last 90 days | |
| The fund retains 99.93% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco DWA SmallCap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Invesco DWA SmallCap 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 DWA's value that differs from its market value or its book value, called intrinsic value, which is Invesco DWA'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 DWA's market value can be influenced by many factors that don't directly affect Invesco DWA'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 DWA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DWA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DWA'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.