Invesco Electric Vehicle Etf Holdings Turnover
| EVMT Etf | USD 15.46 0.01 0.06% |
Invesco Electric Vehicle fundamentals help investors to digest information that contributes to Invesco Electric'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 Electric'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 Electric etf.
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Invesco Electric Vehicle ETF Holdings Turnover Analysis
Invesco Electric's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
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According to the company disclosure, Invesco Electric Vehicle has a Holdings Turnover of 0.0%. This indicator is about the same for the Invesco average (which is currently at 0.0) family and about the same as Commodities Focused (which currently averages 0.0) category. The holdings turnover for all United States etfs is 100.0% higher than that of the company.
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Invesco Fundamentals
| Total Asset | 18.75 M | |||
| One Year Return | (6.60) % | |||
| Net Asset | 18.75 M |
About Invesco Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Electric Vehicle's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Electric Vehicle 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.
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Check out Invesco Electric Piotroski F Score and Invesco Electric Altman Z Score analysis. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.