Invesco Next Gen Etf Cash Per Share
| KNCT Etf | 105.05 0.61 0.58% |
Invesco Next Gen fundamentals help investors to digest information that contributes to Invesco Next'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 Next'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 Next etf.
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Invesco Next Gen ETF Cash Per Share Analysis
Invesco Next's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, Invesco Next Gen has a Cash Per Share of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Technology (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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| All Next | Launch Module |
Invesco Fundamentals
| Beta | 0.91 | |||
| One Year Return | 27.80 % | |||
| Three Year Return | 2.90 % | |||
| Five Year Return | 12.90 % | |||
| Ten Year Return | 12.60 % |
About Invesco Next Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Next Gen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Next using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Next Gen 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 Next Piotroski F Score and Invesco Next Altman Z Score analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Invesco Next Gen 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 Next's value that differs from its market value or its book value, called intrinsic value, which is Invesco Next'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 Next's market value can be influenced by many factors that don't directly affect Invesco Next'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 Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Next'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.