Invesco Next Gen Etf Price To Earning
| KNCT Etf | 104.87 0.90 0.87% |
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 Price To Earning Analysis
Invesco Next's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Invesco Next Gen has a Price To Earning 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).
Invesco Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Next's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco Next could also be used in its relative valuation, which is a method of valuing Invesco Next by comparing valuation metrics of similar companies.Invesco Next is currently under evaluation in price to earning as compared to similar ETFs.
Invesco Fundamentals
| Beta | 0.91 | |||
| One Year Return | 24.70 % | |||
| Three Year Return | 0.80 % | |||
| Five Year Return | 12.60 % | |||
| Ten Year Return | 12.50 % |
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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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.