Invesco Dow Jones Etf Performance
| DJD Etf | USD 54.19 0.13 0.24% |
The etf retains a Market Volatility (i.e., Beta) of 0.75, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Dow's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Dow is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco Dow Jones are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile forward-looking indicators, Invesco Dow may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Is Invesco Dow Jones Industrial Average Dividend ETF a Strong ETF Right Now | 11/12/2024 |
| In Threey Sharp Ratio | 0.34 |
Invesco |
Invesco Dow Relative Risk vs. Return Landscape
If you would invest 5,066 in Invesco Dow Jones on September 1, 2024 and sell it today you would earn a total of 353.00 from holding Invesco Dow Jones or generate 6.97% return on investment over 90 days. Invesco Dow Jones is generating 0.1073% of daily returns assuming volatility of 0.6317% on return distribution over 90 days investment horizon. In other words, 5% of etfs are less volatile than Invesco, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Invesco Dow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Dow's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Dow Jones, and traders can use it to determine the average amount a Invesco Dow'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 = 0.1698
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| Cash | DJD | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Invesco Dow is performing at about 13% 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 Dow by adding it to a well-diversified portfolio.
Invesco Dow Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco Dow, and Invesco Dow 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 | 20.22 X | |||
| Price To Book | 3.20 X | |||
| Price To Sales | 1.97 X | |||
| Total Asset | 221.06 M | |||
About Invesco Dow Performance
By analyzing Invesco Dow's fundamental ratios, stakeholders can gain valuable insights into Invesco Dow's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Invesco Dow 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 Dow has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund will generally invest at least 90 percent of its total assets in securities that comprise the underlying index. Dow Jones is traded on NYSEARCA Exchange in the United States.| Latest headline from zacks.com: Is Invesco Dow Jones Industrial Average Dividend ETF a Strong ETF Right Now | |
| The fund retains 100.12% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
The market value of Invesco Dow Jones 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 Dow's value that differs from its market value or its book value, called intrinsic value, which is Invesco Dow'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 Dow's market value can be influenced by many factors that don't directly affect Invesco Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Dow'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.