Invesco Exchange Traded Etf Performance
| DIVG Etf | 27.70 0.08 0.29% |
The etf retains a Market Volatility (i.e., Beta) of 1.01, which attests to a somewhat significant risk relative to the market. Invesco Exchange returns are very sensitive to returns on the market. As the market goes up or down, Invesco Exchange is expected to follow.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Invesco Exchange Traded are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Invesco Exchange is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Scotiabank strategist details tough start to 2024 for dividend investors - The Globe and Mail | 04/02/2024 |
2 | DIVG Should You Buy This New Monthly Paying Dividend Growth ETF - Seeking Alpha | 04/24/2024 |
Invesco |
Invesco Exchange Relative Risk vs. Return Landscape
If you would invest 2,661 in Invesco Exchange Traded on January 29, 2024 and sell it today you would earn a total of 109.00 from holding Invesco Exchange Traded or generate 4.1% return on investment over 90 days. Invesco Exchange Traded is currently generating 0.0655% in daily expected returns and assumes 0.7526% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Invesco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Invesco Exchange Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Exchange's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Exchange Traded, and traders can use it to determine the average amount a Invesco Exchange's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0871
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Invesco Exchange is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco Exchange by adding it to a well-diversified portfolio.
About Invesco Exchange Performance
To evaluate Invesco Exchange Traded Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Invesco Exchange generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Invesco Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Invesco Exchange Traded market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Invesco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Invesco Exchange is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: DIVG Should You Buy This New Monthly Paying Dividend Growth ETF - Seeking Alpha |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco Exchange Traded. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Invesco Exchange Traded 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 Exchange's value that differs from its market value or its book value, called intrinsic value, which is Invesco Exchange'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 Exchange's market value can be influenced by many factors that don't directly affect Invesco Exchange'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 Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Exchange'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.