Invesco Dow Jones Etf Fundamentals
| DJD Etf | USD 54.06 0.05 0.09% |
Invesco Dow Jones fundamentals help investors to digest information that contributes to Invesco Dow's financial success or failures. It also enables traders to predict the movement of Invesco Etf. The fundamental analysis module provides a way to measure Invesco Dow's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco Dow etf.
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Invesco Dow Jones ETF Beta Analysis
Invesco Dow's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Invesco Dow Beta | 0.78 |
Most of Invesco Dow's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco Dow Jones is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Invesco Dow Jones has a Beta of 0.78. This is much higher than that of the Invesco family and significantly higher than that of the Large Value category. The beta for all United States etfs is notably lower than that of the firm.
Invesco Dow Jones Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Dow's current stock value. Our valuation model uses many indicators to compare Invesco Dow value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Dow competition to find correlations between indicators driving Invesco Dow's intrinsic value. More Info.Invesco Dow Jones is one of the top ETFs in price to earning as compared to similar ETFs. It is rated # 2 ETF in price to book as compared to similar ETFs fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Invesco Dow Jones is roughly 6.32 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Invesco Dow by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Invesco Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Dow's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco Dow could also be used in its relative valuation, which is a method of valuing Invesco Dow by comparing valuation metrics of similar companies.Invesco Dow is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Invesco Dow
The fund invests 100.12% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Invesco Dow's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As returns on the market increase, Invesco Dow's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Dow is expected to be smaller as well.
Invesco Fundamentals
| Price To Earning | 20.22 X | |||
| Price To Book | 3.20 X | |||
| Price To Sales | 1.97 X | |||
| Number Of Employees | 406 | |||
| Beta | 0.78 | |||
| Total Asset | 221.06 M | |||
| One Year Return | 30.30 % | |||
| Three Year Return | 11.30 % | |||
| Five Year Return | 10.50 % | |||
| Net Asset | 221.06 M | |||
| Last Dividend Paid | 0.31 | |||
| Equity Positions Weight | 100.12 % |
About Invesco Dow Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Dow Jones's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Dow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Dow Jones based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund will generally invest at least 90 percent of its total assets in securities that comprise the underlying index. Dow Jones is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Invesco Dow Jones is a strong investment it is important to analyze Invesco Dow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco Dow's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:Check out Invesco Dow Piotroski F Score and Invesco Dow Altman Z Score analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Invesco Dow Jones 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 Dow's value that differs from its market value or its book value, called intrinsic value, which is Invesco Dow'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 Dow's market value can be influenced by many factors that don't directly affect Invesco Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Dow'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.