Invesco Dwa Basic Etf Performance
| PYZ Etf | USD 99.56 1.28 1.30% |
The etf retains a Market Volatility (i.e., Beta) of 1.23, 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 DWA will likely underperform.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco DWA Basic are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Invesco DWA may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 09/10/2024 |
2 | Trading Signals - Stock Traders Daily | 11/14/2024 |
| In Threey Sharp Ratio | 0.06 |
Invesco |
Invesco DWA Relative Risk vs. Return Landscape
If you would invest 8,977 in Invesco DWA Basic on August 28, 2024 and sell it today you would earn a total of 979.00 from holding Invesco DWA Basic or generate 10.91% return on investment over 90 days. Invesco DWA Basic is generating 0.1715% of daily returns assuming volatility of 1.1954% on return distribution over 90 days investment horizon. In other words, 10% of etfs are less volatile than Invesco, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Invesco DWA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco DWA's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco DWA Basic, and traders can use it to determine the average amount a Invesco DWA'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 = 0.1434
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Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Invesco DWA is performing at about 11% 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 DWA by adding it to a well-diversified portfolio.
Invesco DWA Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco DWA, and Invesco DWA 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.
| Return On Equity | 1.0E-4 | |||
| Return On Asset | 1.19 | |||
| Profit Margin | 0.0001 % | |||
| Operating Margin | 71.01 % | |||
| Price To Earning | 18.89 X | |||
| Price To Book | 2.86 X | |||
| Price To Sales | 1.19 X | |||
| Revenue | 1.47 M | |||
| EBITDA | 1.32 M | |||
| Cash And Equivalents | 274 | |||
| Earnings Per Share | 0.63 X | |||
| Total Asset | 99.93 M | |||
| Current Asset | 2.25 M | |||
| Current Liabilities | 2.31 M | |||
About Invesco DWA Performance
Evaluating Invesco DWA's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco DWA 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 DWA 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. DWA Basic is traded on NASDAQ Exchange in the United States.| The company has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Invesco DWA until it has trouble settling it off, either with new capital or with free cash flow. So, Invesco DWA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Invesco DWA Basic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Invesco to invest in growth at high rates of return. When we think about Invesco DWA's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Trading Signals - Stock Traders Daily | |
| The fund maintains 99.82% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco DWA Basic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Invesco DWA Basic 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 DWA's value that differs from its market value or its book value, called intrinsic value, which is Invesco DWA'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 DWA's market value can be influenced by many factors that don't directly affect Invesco DWA'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 DWA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DWA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DWA'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.