Invesco Zacks Multi Asset Etf Performance
| CVY Etf | USD 25.18 0.28 1.10% |
The etf retains a Market Volatility (i.e., Beta) of 0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Zacks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Zacks is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Invesco Zacks Multi Asset has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Invesco Zacks is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.23 |
Invesco |
Invesco Zacks Relative Risk vs. Return Landscape
If you would invest 2,609 in Invesco Zacks Multi Asset on December 11, 2024 and sell it today you would lose (91.00) from holding Invesco Zacks Multi Asset or give up 3.49% of portfolio value over 90 days. Invesco Zacks Multi Asset is generating negative expected returns assuming volatility of 0.7823% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than Invesco, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Invesco Zacks Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Zacks' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Zacks Multi Asset, and traders can use it to determine the average amount a Invesco Zacks' 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 = -0.0718
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| Negative Returns | CVY |
Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco Zacks is not performing at its full potential. However, 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 Zacks by adding Invesco Zacks to a well-diversified portfolio.
Invesco Zacks Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco Zacks, and Invesco Zacks 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.
| Price To Earning | 15.11 X | |||
| Price To Book | 1.80 X | |||
| Price To Sales | 1.11 X | |||
| Total Asset | 93.62 M | |||
About Invesco Zacks Performance
Evaluating Invesco Zacks' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco Zacks 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 Zacks has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index, as well as American depositary receipts that represent securities in the underlying index. Zacks Multi-Asset is traded on NYSEARCA Exchange in the United States.| Invesco Zacks Multi generated a negative expected return over the last 90 days | |
| The fund holds 80.87% 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 Zacks Multi Asset. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Invesco Zacks Multi 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 Zacks' value that differs from its market value or its book value, called intrinsic value, which is Invesco Zacks' 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 Zacks' market value can be influenced by many factors that don't directly affect Invesco Zacks' 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 Zacks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Zacks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Zacks' 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.