Invesco High Beta vs. Equity Positions Weight
| PEY Etf | USD 22.99 0.03 0.13% |
For Invesco High profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco High to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco High Yield utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco High's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco High Yield over time as well as its relative position and ranking within its peers.
Invesco |
The market value of Invesco High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is Invesco High'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 High's market value can be influenced by many factors that don't directly affect Invesco High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco High'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 High Yield Equity Positions Weight vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Invesco High's current stock value. Our valuation model uses many indicators to compare Invesco High value to that of its competitors to determine the firm's financial worth. Invesco High Yield is rated number one ETF in beta as compared to similar ETFs. It also is rated number one ETF in equity positions weight as compared to similar ETFs making about 136.99 of Equity Positions Weight per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco High's earnings, one of the primary drivers of an investment's value.Invesco Equity Positions Weight vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Invesco High |
| = | 0.73 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Invesco High |
| = | 100.00 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Invesco Equity Positions Weight Comparison
Invesco High is currently under evaluation in equity positions weight as compared to similar ETFs.
Beta Analysis
As returns on the market increase, Invesco High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco High is expected to be smaller as well.
Invesco High Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco High, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco High will eventually generate negative long term returns. The profitability progress is the general direction of Invesco High's change in net profit over the period of time. It can combine multiple indicators of Invesco High, 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 securities that comprise the underlying index. High Yield is traded on NASDAQ Exchange in the United States.
Invesco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Invesco High. 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 High 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 High's important profitability drivers and their relationship over time.
Use Invesco High 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 High 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 High will appreciate offsetting losses from the drop in the long position's value.Invesco High Pair Trading
Invesco High Yield Pair Trading Analysis
The ability to find closely correlated positions to Invesco High 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 High 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 High - 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 High Yield to buy it.
The correlation of Invesco High 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 High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco High Yield 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 High 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 High position
In addition to having Invesco High 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?
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Companies specialized in biotechnology production and delivery of pharmaceuticals services. The Biotech theme has 45 constituents at this time.
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Check out Your Equity Center. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
To fully project Invesco High's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco High Yield 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 High's income statement, its balance sheet, and the statement of cash flows.