Invesco Alerian Galaxy Etf Performance
| BLKC Etf | USD 27.52 0.02 0.07% |
The etf retains a Market Volatility (i.e., Beta) of 2.29, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Invesco Alerian will likely underperform.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco Alerian Galaxy are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating forward-looking signals, Invesco Alerian exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Long Term Trading Analysis for - Stock Traders Daily | 08/29/2024 |
| In Threey Sharp Ratio | 0.01 |
Invesco |
Invesco Alerian Relative Risk vs. Return Landscape
If you would invest 2,104 in Invesco Alerian Galaxy on August 23, 2024 and sell it today you would earn a total of 648.00 from holding Invesco Alerian Galaxy or generate 30.8% return on investment over 90 days. Invesco Alerian Galaxy is currently generating 0.4492% in daily expected returns and assumes 2.4434% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of etfs are less volatile than Invesco, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Invesco Alerian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Alerian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Alerian Galaxy, and traders can use it to determine the average amount a Invesco Alerian's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1838
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Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Invesco Alerian is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco Alerian by adding it to a well-diversified portfolio.
Invesco Alerian Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco Alerian, and Invesco Alerian fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Etf performance.
| Total Asset | 1.96 M | |||
About Invesco Alerian Performance
By analyzing Invesco Alerian's fundamental ratios, stakeholders can gain valuable insights into Invesco Alerian's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Invesco Alerian has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Invesco Alerian has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund generally will invest at least 80 percent of its total assets in the securities that comprise the underlying index. Invesco Galaxy is traded on BATS Exchange in the United States.| The fund holds 84.47% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco Alerian Galaxy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Invesco Alerian Galaxy 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 Alerian's value that differs from its market value or its book value, called intrinsic value, which is Invesco Alerian'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 Alerian's market value can be influenced by many factors that don't directly affect Invesco Alerian'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 Alerian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Alerian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Alerian'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.