Psmm Etf Profile
PSMM is selling at 13.69 as of the 29th of April 2024; that is No Change since the beginning of the trading day. The etf's lowest day price was 13.69. Equity ratings for PSMM are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
PSMM Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PSMM's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PSMM or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Old Name | Invesco Moderately Conservative Multi-Asset Allocation ETF |
| Business Concentration | Allocation--30% to 50% Equity, Invesco (View all Sectors) |
| Nav Price | 13.18 |
| Two Hundred Day Average | 14.05 |
| Ytd | -15.25% |
| Average Daily Volume In Three Month | 15.12k |
| Fifty Two Week Low | 12.76 |
| As Of Date | 25th of October 2022 |
| Average Daily Volume Last 10 Day | 22.65k |
| Fifty Two Week High | 16.16 |
| Fifty Day Average | 13.24 |
| Three Month | -5.23% |
| Beta In Three Year | 0.86 |
PSMM [PSMM] is traded in USA and was established 2017-02-21. The fund is listed under Allocation--30% to 50% Equity category and is part of Invesco family. PSMM at this time have 20.16 M in assets. , while the total return for the last 3 years was 1.69%.
Check PSMM Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on PSMM Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PSMM Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as PSMM Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top PSMM Etf Constituents
| VTIP | Vanguard Short Term Inflation Protected | Etf | Inflation-Protected Bond |
| PCY | Invesco Emerging Markets | Etf | Emerging Markets Bond |
| VRIG | Invesco Variable Rate | Etf | Ultrashort Bond |
| SPLV | Invesco SP 500 | Etf | Large Value |
| RPG | Invesco SP 500 | Etf | Large Growth |
| PLW | Invesco | Etf | Long Government |
| PHB | Invesco Fundamental High | Etf | High Yield Bond |
PSMM Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of PSMM jumping above the current price in 90 days from now is about 37.73%. The PSMM probability density function shows the probability of PSMM etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days PSMM has a beta of 0.0555 indicating as returns on the market go up, PSMM average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PSMM will be expected to be much smaller as well. Additionally, pSMM has an alpha of 0.0085, implying that it can generate a 0.008495 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of PSMM to move above the current price in 90 days from now is about 37.73 (This PSMM probability density function shows the probability of PSMM Etf to fall within a particular range of prices over 90 days) .
PSMM Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. PSMM market risk premium is the additional return an investor will receive from holding PSMM long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PSMM. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PSMM's alpha and beta are two of the key measurements used to evaluate PSMM's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2474 | |||
| Semi Deviation | 0.2688 | |||
| Standard Deviation | 0.3461 | |||
| Variance | 0.1198 |
PSMM Against Markets
Picking the right benchmark for PSMM etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PSMM etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PSMM is critical whether you are bullish or bearish towards PSMM at a given time. Please also check how PSMM's historical prices are related to one of the top price index indicators.
PSMM Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PSMM etf to make a market-neutral strategy. Peer analysis of PSMM could also be used in its relative valuation, which is a method of valuing PSMM by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy PSMM Etf?
Before investing in PSMM, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PSMM. To buy PSMM etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PSMM. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PSMM etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PSMM etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PSMM etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as PSMM, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in PSMM?
The danger of trading PSMM is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PSMM is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PSMM. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PSMM is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PSMM is a strong investment it is important to analyze PSMM's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PSMM's future performance. For an informed investment choice regarding PSMM Etf, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of PSMM is measured differently than its book value, which is the value of PSMM that is recorded on the company's balance sheet. Investors also form their own opinion of PSMM's value that differs from its market value or its book value, called intrinsic value, which is PSMM'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 PSMM's market value can be influenced by many factors that don't directly affect PSMM'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 PSMM's value and its price as these two are different measures arrived at by different means. Investors typically determine if PSMM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PSMM'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.