Invesco Electric Vehicle Etf Performance
| EVMT Etf | USD 15.46 0.01 0.06% |
The etf retains a Market Volatility (i.e., Beta) of 0.0693, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Electric's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Electric is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Invesco Electric Vehicle has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable primary indicators, Invesco Electric is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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Invesco Electric Relative Risk vs. Return Landscape
If you would invest 1,591 in Invesco Electric Vehicle on August 29, 2024 and sell it today you would lose (44.00) from holding Invesco Electric Vehicle or give up 2.77% of portfolio value over 90 days. Invesco Electric Vehicle is currently does not generate positive expected returns and assumes 1.2233% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% 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 |
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Invesco Electric Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Electric's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Electric Vehicle, and traders can use it to determine the average amount a Invesco Electric'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 = -0.0298
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Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.04 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 Electric 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 Electric by adding Invesco Electric to a well-diversified portfolio.
Invesco Electric Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco Electric, and Invesco Electric 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.
| Total Asset | 18.75 M | |||
About Invesco Electric Performance
Assessing Invesco Electric's fundamental ratios provides investors with valuable insights into Invesco Electric's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Invesco Electric 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 is an actively managed ETF that seeks to invest in a combination of financial instruments that are economically linked to the tradeable metals widely used in the production of an electric vehicle . Invesco Electric is traded on NASDAQ Exchange in the United States.| Invesco Electric generated a negative expected return over the last 90 days | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco Electric Vehicle. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Invesco Electric Vehicle 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 Electric's value that differs from its market value or its book value, called intrinsic value, which is Invesco Electric'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 Electric's market value can be influenced by many factors that don't directly affect Invesco Electric'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 Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Electric'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.