Invesco Aerospace Financials
| PPA Etf | USD 121.39 1.02 0.85% |
Net Expense Ratio 0.0058 | 3 y Sharp Ratio 0.71 |
Invesco |
The data published in Invesco Aerospace's official financial statements typically reflect Invesco Aerospace'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 Aerospace's quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco Aerospace's liquidity, profitability, and earnings quality within the context of the Invesco space in which it operates.
Please note, the presentation of Invesco Aerospace'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 Aerospace's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Invesco Aerospace's management manipulating its earnings.
Invesco Aerospace Etf Summary
Invesco Aerospace competes with Industrial Select, Driven Brands, IShares Industrials, IShares Transportation, and Fidelity MSCI. The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. Aerospace Defense is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US46137V1008 |
| CUSIP | 46137V100 73935X690 |
| Region | North America |
| Investment Issuer | Invesco |
| Location | Illinois; U.S.A |
| Business Address | 301 W Roosevelt |
| Etf Family | Invesco |
| Fund Category | Sector |
| Portfolio Concentration | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.invescopowershares.com |
| Phone | 800 983 0903 |
| Currency | USD - US Dollar |
Invesco Aerospace Key Financial Ratios
| Return On Equity | 1.0E-4 | |||
| Return On Asset | 1.49 | |||
| Beta | 0.81 | |||
| Last Dividend Paid | 0.11 |
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Aerospace's current stock value. Our valuation model uses many indicators to compare Invesco Aerospace value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Aerospace competition to find correlations between indicators driving Invesco Aerospace's intrinsic value. More Info.Invesco Aerospace Defense is regarded fourth largest ETF in price to earning as compared to similar ETFs. It is rated number one ETF in price to book as compared to similar ETFs fabricating about 1.19 of Price To Book per Price To Earning. 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 Aerospace's earnings, one of the primary drivers of an investment's value.Invesco Aerospace Defense Systematic Risk
Invesco Aerospace's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Aerospace 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Invesco Aerospace Defense correlated with the market. If Beta is less than 0 Invesco Aerospace generally moves in the opposite direction as compared to the market. If Invesco Aerospace Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Aerospace Defense is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Aerospace is generally in the same direction as the market. If Beta > 1 Invesco Aerospace moves generally in the same direction as, but more than the movement of the benchmark.
About Invesco Aerospace Financials
What exactly are Invesco Aerospace 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 Aerospace's income statement, its balance sheet, and the statement of cash flows. Potential Invesco Aerospace investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Invesco Aerospace investors may use each financial statement separately, they are all related. The changes in Invesco Aerospace's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco Aerospace'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 Aerospace Thematic Clasifications
Invesco Aerospace Defense is part of several thematic ideas from Sector ETFs to Macroaxis Index. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasInvesco Aerospace November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Aerospace help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Aerospace Defense. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Aerospace Defense 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 Aerospace's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.18 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 6.9 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.57 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Aerospace Defense. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Invesco Aerospace Defense 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 Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Invesco Aerospace'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 Aerospace's market value can be influenced by many factors that don't directly affect Invesco Aerospace'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 Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Aerospace'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.