Invesco Preferred Five Year Return vs. Ten Year Return
| PGX Etf | USD 11.93 0.03 0.25% |
For Invesco Preferred profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco Preferred to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco Preferred ETF utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco Preferred's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco Preferred ETF over time as well as its relative position and ranking within its peers.
Invesco |
The market value of Invesco Preferred ETF 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is Invesco Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect Invesco Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Preferred'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 Preferred ETF Ten Year Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Preferred's current stock value. Our valuation model uses many indicators to compare Invesco Preferred value to that of its competitors to determine the firm's financial worth. Invesco Preferred ETF is rated below average in five year return as compared to similar ETFs. It is rated below average in ten year return as compared to similar ETFs reporting about 3.18 of Ten Year Return per Five Year Return. 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 Preferred's earnings, one of the primary drivers of an investment's value.Invesco Ten Year Return vs. Five Year Return
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 Preferred |
| = | 1.10 % |
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.
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 Preferred |
| = | 3.50 % |
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.
Invesco Ten Year Return Comparison
Invesco Preferred is currently under evaluation in ten year return as compared to similar ETFs.
Invesco Preferred Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco Preferred, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco Preferred will eventually generate negative long term returns. The profitability progress is the general direction of Invesco Preferred's change in net profit over the period of time. It can combine multiple indicators of Invesco Preferred, 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 80 percent of its total assets in the components of the index. Invesco Preferred 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 Preferred. 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 Preferred 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 Preferred's important profitability drivers and their relationship over time.
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Use Invesco Preferred 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 Preferred 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 Preferred will appreciate offsetting losses from the drop in the long position's value.Invesco Preferred Pair Trading
Invesco Preferred ETF Pair Trading Analysis
The ability to find closely correlated positions to Invesco Preferred 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 Preferred 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 Preferred - 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 Preferred ETF to buy it.
The correlation of Invesco Preferred 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 Preferred moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Preferred ETF 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 Preferred 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 Preferred position
In addition to having Invesco Preferred 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 Transportation Thematic Idea Now
Transportation
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation 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 Transportation Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
To fully project Invesco Preferred's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco Preferred ETF 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 Preferred's income statement, its balance sheet, and the statement of cash flows.