Invesco Agriculture Financials
PDBA Etf | USD 39.80 0.25 0.63% |
Net Expense Ratio 0.0059 |
Invesco |
The data published in Invesco Agriculture's official financial statements typically reflect Invesco Agriculture's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Invesco Agriculture's quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco Agriculture's liquidity, profitability, and earnings quality within the context of the Invesco space in which it operates.
Please note, the presentation of Invesco Agriculture's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Invesco Agriculture's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Invesco Agriculture's management manipulating its earnings.
Invesco Agriculture Etf Summary
Invesco Agriculture competes with Sprott Physical, Blue Owl, Ares Management, Sprott Physical, and Sprott. The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to commodities drawn from the agriculture sector. Invesco Agriculture is traded on NASDAQ Exchange in the United States.Instrument | USA Etf View All |
Exchange | NASDAQ Exchange |
ISIN | US46090F3082 |
CUSIP | 46090F308 |
Region | North America |
Investment Issuer | Invesco |
Etf Family | Invesco |
Fund Category | Agriculture |
Portfolio Concentration | Broad Agriculture |
Benchmark | Dow Jones Industrial |
Phone | NA |
Currency | USD - US Dollar |
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Agriculture's current stock value. Our valuation model uses many indicators to compare Invesco Agriculture value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Agriculture competition to find correlations between indicators driving Invesco Agriculture's intrinsic value. More Info.Invesco Agriculture Commodity is rated number one ETF in one year return as compared to similar ETFs. It also is rated number one ETF in net asset as compared to similar ETFs making up about 315,951 of Net Asset per One 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 Agriculture's earnings, one of the primary drivers of an investment's value.Invesco Agriculture Systematic Risk
Invesco Agriculture's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Agriculture volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Invesco Agriculture correlated with the market. If Beta is less than 0 Invesco Agriculture generally moves in the opposite direction as compared to the market. If Invesco Agriculture Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Agriculture is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Agriculture is generally in the same direction as the market. If Beta > 1 Invesco Agriculture moves generally in the same direction as, but more than the movement of the benchmark.
About Invesco Agriculture Financials
What exactly are Invesco Agriculture Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Invesco Agriculture's income statement, its balance sheet, and the statement of cash flows. Potential Invesco Agriculture investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Invesco Agriculture investors may use each financial statement separately, they are all related. The changes in Invesco Agriculture's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco Agriculture's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Invesco Agriculture December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Agriculture help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Agriculture Commodity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Agriculture Commodity based on widely used predictive technical indicators. In general, we focus on analyzing Invesco Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Invesco Agriculture's daily price indicators and compare them against related drivers.
Downside Deviation | 0.9132 | |||
Information Ratio | 0.1007 | |||
Maximum Drawdown | 4.01 | |||
Value At Risk | (1.35) | |||
Potential Upside | 1.17 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Agriculture Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of Invesco Agriculture 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 Agriculture's value that differs from its market value or its book value, called intrinsic value, which is Invesco Agriculture'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 Agriculture's market value can be influenced by many factors that don't directly affect Invesco Agriculture'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 Agriculture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Agriculture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Agriculture'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.