Invesco CEF Ten Year Return vs. Price To Book
| PCEF Etf | USD 19.60 0.05 0.26% |
For Invesco CEF profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco CEF to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco CEF Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco CEF's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco CEF Income over time as well as its relative position and ranking within its peers.
Invesco |
The market value of Invesco CEF Income 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 CEF's value that differs from its market value or its book value, called intrinsic value, which is Invesco CEF'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 CEF's market value can be influenced by many factors that don't directly affect Invesco CEF'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 CEF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco CEF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco CEF'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 CEF Income Price To Book vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Invesco CEF's current stock value. Our valuation model uses many indicators to compare Invesco CEF value to that of its competitors to determine the firm's financial worth. Invesco CEF Income is rated number one ETF in ten year return as compared to similar ETFs. It also is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.35 of Price To Book per Ten Year Return. The ratio of Ten Year Return to Price To Book for Invesco CEF Income is roughly 2.83 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Invesco CEF 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 Price To Book vs. Ten Year Return
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Invesco CEF |
| = | 6.00 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Invesco CEF |
| = | 2.12 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Invesco Price To Book Comparison
Invesco CEF is currently under evaluation in price to book as compared to similar ETFs.
Invesco CEF Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco CEF, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco CEF will eventually generate negative long term returns. The profitability progress is the general direction of Invesco CEF's change in net profit over the period of time. It can combine multiple indicators of Invesco CEF, 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 components of the index. CEF Income 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 CEF. 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 CEF 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 CEF's important profitability drivers and their relationship over time.
Use Invesco CEF 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 CEF 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 CEF will appreciate offsetting losses from the drop in the long position's value.Invesco CEF Pair Trading
Invesco CEF Income Pair Trading Analysis
The ability to find closely correlated positions to Invesco CEF 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 CEF 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 CEF - 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 CEF Income to buy it.
The correlation of Invesco CEF 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 CEF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco CEF Income 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 CEF 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 CEF position
In addition to having Invesco CEF 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 Plastics Thematic Idea Now
Plastics
Companies manufacturing rubber and plastics accessories. The Plastics theme has 47 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 Plastics Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
To fully project Invesco CEF's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco CEF Income 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 CEF's income statement, its balance sheet, and the statement of cash flows.