Booking Holdings Inc. Hits Fresh High Is There Still Room to Run?
| FTCHX Fund | USD 69.77 0.99 1.40% |
Slightly above 67% of Invesco Technology's investor base is looking to short. The analysis of overall sentiment of trading Invesco Technology Fund mutual fund suggests that many investors are alarmed at this time. Invesco Technology's investing sentiment can be driven by a variety of factors including economic data, Invesco Technology's earnings reports, geopolitical events, and overall market trends.
Invesco |
Booking Holdings is at a 52-week high, but can investors hope for more gains in the future We take a look at the companys fundamentals for clues.
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Invesco Technology Fundamental Analysis
We analyze Invesco Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Technology based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Price To Book
Price To Book Comparative Analysis
Invesco Technology is currently under evaluation in price to book among similar funds. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Invesco Technology Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Invesco Technology mutual fund to make a market-neutral strategy. Peer analysis of Invesco Technology could also be used in its relative valuation, which is a method of valuing Invesco Technology by comparing valuation metrics with similar companies.
Peers
Invesco Technology Related Equities
| PGKCX | Pgim Jennison | 0.42 | ||||
| DRGTX | Allianzgi Technology | 0.58 | ||||
| TEFQX | Firsthand Technology | 0.76 | ||||
| DGVRX | Dreyfus Technology | 0.89 | ||||
| DTEYX | Dreyfus Technology | 0.89 | ||||
| HTECX | Hennessy Technology | 1.20 |
Other Information on Investing in Invesco Mutual Fund
Invesco Technology financial ratios help investors to determine whether Invesco Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco Technology security.
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