Invesco Next Gen Etf Current Valuation
| KNCT Etf | 105.05 0.61 0.58% |
Valuation analysis of Invesco Next Gen helps investors to measure Invesco Next's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Invesco Next's price fluctuation is very steady at this time. Calculation of the real value of Invesco Next Gen is based on 3 months time horizon. Increasing Invesco Next's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Invesco Next's intrinsic value may or may not be the same as its current market price of 105.05, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 105.05 | Real 96.12 | Hype 105.15 | Naive 106.23 |
The intrinsic value of Invesco Next's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Invesco Next's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Invesco Next Gen helps investors to forecast how Invesco etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Invesco Next more accurately as focusing exclusively on Invesco Next's fundamentals will not take into account other important factors: Invesco Next Gen ETF Current Valuation Analysis
Invesco Next's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Invesco Next Gen has a Current Valuation of 0.0. 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.