Invesco Electric Vehicle Etf Net Asset
| 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 Net Asset Analysis
Invesco Electric's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Invesco Electric Net Asset | 18.75 M |
Most of Invesco Electric's fundamental indicators, such as Net Asset, 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 Electric Vehicle is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Invesco Electric Vehicle has a Net Asset of 18.75 M. This is 99.52% lower than that of the Invesco family and significantly higher than that of the Commodities Focused category. The net asset for all United States etfs is 99.18% higher than that of the company.
Invesco Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Electric's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco Electric could also be used in its relative valuation, which is a method of valuing Invesco Electric by comparing valuation metrics of similar companies.Invesco Electric is currently under evaluation in net asset as compared to similar ETFs.
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 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 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.