Invesco Total Return Etf One Year Return
| GTO Etf | USD 47.10 0.36 0.77% |
Invesco Total Return fundamentals help investors to digest information that contributes to Invesco Total'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 Total'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 Total etf.
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Invesco Total Return ETF One Year Return Analysis
Invesco Total's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Invesco Total One Year Return | 7.70 % |
Most of Invesco Total's fundamental indicators, such as One Year Return, 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 Total Return is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Invesco Total Return has an One Year Return of 7.7%. This is 110.38% higher than that of the Invesco family and significantly higher than that of the Intermediate Core-Plus Bond category. The one year return for all United States etfs is notably lower than that of the firm.
Invesco One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Total's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco Total could also be used in its relative valuation, which is a method of valuing Invesco Total by comparing valuation metrics of similar companies.Invesco Total is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Invesco Total
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks and bonds.Asset allocation divides Invesco Total'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.
Invesco Fundamentals
| Number Of Employees | 410 | |||
| Beta | 1.03 | |||
| Total Asset | 779.68 M | |||
| One Year Return | 7.70 % | |||
| Three Year Return | (2.20) % | |||
| Five Year Return | 0.60 % | |||
| Net Asset | 779.68 M | |||
| Last Dividend Paid | 0.13 | |||
| Equity Positions Weight | 0.08 % | |||
| Bond Positions Weight | 15.66 % |
About Invesco Total Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Total Return's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Total using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Total Return 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.
Pair Trading with Invesco Total
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Total position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Total will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Etf
| 1.0 | IUSB | iShares Core Total | PairCorr |
| 0.99 | FIXD | First Trust TCW | PairCorr |
| 1.0 | FBND | Fidelity Total Bond | PairCorr |
| 1.0 | TOTL | SPDR DoubleLine Total | PairCorr |
| 1.0 | HTRB | Hartford Total Return | PairCorr |
Moving against Invesco Etf
| 0.88 | RSPY | Tuttle Capital Management | PairCorr |
| 0.85 | MEME | Roundhill Investments | PairCorr |
| 0.84 | DSJA | DSJA | PairCorr |
| 0.59 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.48 | T | ATT Inc Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Invesco Total could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Total when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Total - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Total Return to buy it.
The correlation of Invesco Total is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Total moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Total Return moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Total can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Invesco Total Piotroski F Score and Invesco Total Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Invesco Total Return 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 Total's value that differs from its market value or its book value, called intrinsic value, which is Invesco Total'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 Total's market value can be influenced by many factors that don't directly affect Invesco Total'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 Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Total'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.