Invesco WilderHill Price To Earning vs. Five Year Return
PBW Etf | USD 21.50 0.87 4.22% |
For Invesco WilderHill profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco WilderHill to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco WilderHill Clean utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco WilderHill's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco WilderHill Clean over time as well as its relative position and ranking within its peers.
Invesco |
The market value of Invesco WilderHill Clean 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 WilderHill's value that differs from its market value or its book value, called intrinsic value, which is Invesco WilderHill'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 WilderHill's market value can be influenced by many factors that don't directly affect Invesco WilderHill'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 WilderHill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco WilderHill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco WilderHill'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.
Invesco WilderHill Clean Five Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Invesco WilderHill's current stock value. Our valuation model uses many indicators to compare Invesco WilderHill value to that of its competitors to determine the firm's financial worth. Invesco WilderHill Clean is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in five year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Invesco WilderHill by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Invesco Five Year Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Invesco WilderHill |
| = | 2.75 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Invesco WilderHill |
| = | (5.20) % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Invesco Five Year Return Comparison
Invesco WilderHill is currently under evaluation in five year return as compared to similar ETFs.
Invesco WilderHill Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco WilderHill, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco WilderHill will eventually generate negative long term returns. The profitability progress is the general direction of Invesco WilderHill's change in net profit over the period of time. It can combine multiple indicators of Invesco WilderHill, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. Wilderhill Clean is traded on NYSEARCA Exchange in the United States.
Invesco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Invesco WilderHill. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Invesco WilderHill position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Invesco WilderHill's important profitability drivers and their relationship over time.
Use Invesco WilderHill in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco WilderHill position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco WilderHill will appreciate offsetting losses from the drop in the long position's value.Invesco WilderHill Pair Trading
Invesco WilderHill Clean Pair Trading Analysis
The ability to find closely correlated positions to Invesco WilderHill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco WilderHill when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco WilderHill - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco WilderHill Clean to buy it.
The correlation of Invesco WilderHill is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco WilderHill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco WilderHill Clean moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco WilderHill can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Invesco WilderHill position
In addition to having Invesco WilderHill in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Medical Equipment Theme or any other thematic opportunities.
View All Next | Launch |
Check out Your Equity Center. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
To fully project Invesco WilderHill's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco WilderHill Clean at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Invesco WilderHill's income statement, its balance sheet, and the statement of cash flows.