Invesco Technology (Switzerland) Performance
The etf retains a Market Volatility (i.e., Beta) of 0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Technology is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Invesco Technology SP has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Invesco Technology is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Fifty Two Week Low | 145.42 | |
| Fifty Two Week High | 202.60 |
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Invesco Technology Relative Risk vs. Return Landscape
If you would invest 62,910 in Invesco Technology SP on September 3, 2024 and sell it today you would earn a total of 4,670 from holding Invesco Technology SP or generate 7.42% return on investment over 90 days. Invesco Technology SP is generating 0.1198% of daily returns and assumes 1.2634% volatility on return distribution over the 90 days horizon. Simply put, 11% of etfs are less volatile than Invesco, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Invesco Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Technology's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Technology SP, and traders can use it to determine the average amount a Invesco Technology'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 = 0.0948
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Invesco Technology is performing at about 7% of its full potential. 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 Technology by adding it to a well-diversified portfolio.
Invesco Technology Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco Technology, and Invesco Technology 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 | 19.65 X | |||
| Price To Book | 4.20 X | |||
| Price To Sales | 3.02 X | |||
| Total Asset | 425.84 M | |||
About Invesco Technology Performance
Evaluating Invesco Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Invesco Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.| The fund keeps all of its net assets in stocks |
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.