Invesco Solar Etf One Year Return
| TAN Etf | USD 40.77 0.98 2.46% |
Invesco Solar ETF fundamentals help investors to digest information that contributes to Invesco Solar's financial success or failures. It also enables traders to predict the movement of Invesco Etf. The fundamental analysis module provides a way to measure Invesco Solar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco Solar etf.
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Invesco Solar ETF ETF One Year Return Analysis
Invesco Solar's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Invesco Solar One Year Return | (42.80) % |
Most of Invesco Solar's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco Solar ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Invesco Solar One Year Return Component Assessment
Based on the recorded statements, Invesco Solar ETF has an One Year Return of -42.8%. This is 1269.4% lower than that of the Invesco family and notably lower than that of the Miscellaneous Sector category. The one year return for all United States etfs is notably higher than that of the company.
Invesco One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Solar's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco Solar could also be used in its relative valuation, which is a method of valuing Invesco Solar by comparing valuation metrics of similar companies.Invesco Solar is currently under evaluation in one year return as compared to similar ETFs.
Fund Asset Allocation for Invesco Solar
The fund invests 99.68% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Invesco Solar's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Invesco Fundamentals
| Price To Earning | 8.63 X | |||
| Price To Book | 0.57 X | |||
| Price To Sales | 0.48 X | |||
| Number Of Employees | 107 | |||
| Beta | 1.45 | |||
| Total Asset | 2.56 B | |||
| One Year Return | (42.80) % | |||
| Three Year Return | (23.70) % | |||
| Five Year Return | 9.90 % | |||
| Ten Year Return | 0.70 % | |||
| Net Asset | 2.56 B | |||
| Last Dividend Paid | 0.091 | |||
| Equity Positions Weight | 99.68 % |
About Invesco Solar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Solar ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Solar ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Invesco Solar Implied Volatility | 48.57 |
Invesco Solar's implied volatility exposes the market's sentiment of Invesco Solar ETF stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Invesco Solar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Invesco Solar stock will not fluctuate a lot when Invesco Solar's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Invesco Solar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Invesco Solar's short interest history, or implied volatility extrapolated from Invesco Solar options trading.
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When determining whether Invesco Solar ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Solar Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Solar Etf:Check out Invesco Solar Piotroski F Score and Invesco Solar Altman Z Score analysis. Note that the Invesco Solar ETF information on this page should be used as a complementary analysis to other Invesco Solar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Invesco Solar 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 Solar's value that differs from its market value or its book value, called intrinsic value, which is Invesco Solar'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 Solar's market value can be influenced by many factors that don't directly affect Invesco Solar'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 Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Solar'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.