Invesco Sp 500 Etf Performance
| EQL Etf | CAD 39.91 0.10 0.25% |
The etf retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco SP is expected to be smaller as well.
Risk-Adjusted Performance
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Invesco SP 500 are ranked lower than 23 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain essential indicators, Invesco SP may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Should ALPS Equal Sector Weight ETF Be on Your Investing Radar - Yahoo Finance | 11/01/2024 |
2 | Is Invesco SP 500 Equal Weight Consumer Discretionary ETF a Strong ETF Right Now - Yahoo Finance | 11/28/2024 |
| In Threey Sharp Ratio | 0.59 |
Invesco |
Invesco SP Relative Risk vs. Return Landscape
If you would invest 3,523 in Invesco SP 500 on September 5, 2024 and sell it today you would earn a total of 468.00 from holding Invesco SP 500 or generate 13.28% return on investment over 90 days. Invesco SP 500 is generating 0.1972% of daily returns assuming 0.6636% volatility of returns over the 90 days investment horizon. Simply put, 5% of all etfs have less volatile historical return distribution than Invesco SP, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Invesco SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco SP 500, and traders can use it to determine the average amount a Invesco SP'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 = 0.2972
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | EQL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Invesco SP is performing at about 23% 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 SP by adding it to a well-diversified portfolio.
Invesco SP Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco SP, and Invesco SP 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.
About Invesco SP Performance
By examining Invesco SP's fundamental ratios, stakeholders can obtain critical insights into Invesco SP's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Invesco SP is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
EQL seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the SP 500 Equal Weight Index, or any successor thereto, on an unhedged basis, in the case of any unhedged units, or on a hedged basis, in the case of any hedged units. INVESCO SP is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Is Invesco SP 500 Equal Weight Consumer Discretionary ETF a Strong ETF Right Now - Yahoo Finance |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.