Invesco SP 500 Equal Weight Consumer Discretionary ETF Reaches New 12-Month Low at 47.28
| RSPD Etf | 55.43 0.41 0.75% |
About 51% of Invesco SP's investor base is interested to short. The current sentiment regarding investing in Invesco SP 500 etf implies that many traders are impartial. The current market sentiment, together with Invesco SP's historical and current headlines, can help investors time the market. In addition, many technical investors use Invesco SP 500 etf news signals to limit their universe of possible portfolio assets.
Invesco SP etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Invesco daily returns and investor perception about the current price of Invesco SP 500 as well as its diversification or hedging effects on your existing portfolios.
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Shares of Invesco SP 500 Equal Weight Consumer Discretionary ETF hit a new 52-week low during trading on Monday . The stock traded as low as 47.28 and last traded at 47.50, with a volume of 42106 shares traded. The stock had previously closed at 47.22. Invesco SP 500 Equal
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Invesco SP Fundamental Analysis
We analyze Invesco SP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco SP 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Invesco SP is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Invesco SP 500 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 SP etf to make a market-neutral strategy. Peer analysis of Invesco SP could also be used in its relative valuation, which is a method of valuing Invesco SP by comparing valuation metrics with similar companies.
Peers
Invesco SP Related Equities
| MDST | Ultimus Managers | 1.37 | ||||
| MGNR | American Beacon | 0.93 | ||||
| MISL | First Trust | 0.90 | ||||
| MDEV | First Trust | 0.33 | ||||
| DRLL | EA Series | 0.26 | ||||
| MEDX | Horizon Kinetics | 0.21 | ||||
| MEDI | Harbor Health | 0.07 | ||||
| DRIP | Direxion Daily | 0.43 | ||||
| DPST | Direxion Daily | 1.11 |
Check out Invesco SP Hype Analysis, Invesco SP Correlation and Invesco SP Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Invesco SP 500 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 SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco SP'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 SP's market value can be influenced by many factors that don't directly affect Invesco SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SP'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.