Invesco VRDO Financial Statements From 2010 to 2025
| PVI Etf | USD 24.89 0.02 0.08% |
Check Invesco VRDO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Invesco VRDO's main balance sheet or income statement drivers, such as , as well as many indicators such as . Invesco financial statements analysis is a perfect complement when working with Invesco VRDO Valuation or Volatility modules.
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Invesco VRDO Tax Free ETF Beta Analysis
Invesco VRDO's 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.
Current Invesco VRDO Beta | -0.01 |
Most of Invesco VRDO's fundamental indicators, such as Beta, 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 VRDO Tax Free is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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In accordance with the recently published financial statements, Invesco VRDO Tax Free has a Beta of -0.01. This is much lower than that of the Invesco family and significantly lower than that of the Muni National Short category. The beta for all United States etfs is notably higher than that of the company.
About Invesco VRDO Financial Statements
Investors use fundamental indicators, such as Invesco VRDO's revenue or net income, to determine how well the company is positioned to perform in the future. Although Invesco VRDO's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
The fund generally invests at least 80 percent of its total assets in the components of the underlying index. Vrdo Tax-Free is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of Invesco VRDO Correlation against competitors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Invesco VRDO Tax 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 VRDO's value that differs from its market value or its book value, called intrinsic value, which is Invesco VRDO'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 VRDO's market value can be influenced by many factors that don't directly affect Invesco VRDO'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 VRDO's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco VRDO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco VRDO'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.