Invesco VRDO Financials
| PVI Etf | USD 24.82 0.01 0.04% |
Net Expense Ratio 0.0025 | 3 y Sharp Ratio (8.21) |
Invesco |
The data published in Invesco VRDO's official financial statements typically reflect Invesco VRDO'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 VRDO's quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco VRDO's liquidity, profitability, and earnings quality within the context of the Invesco space in which it operates.
Invesco VRDO Etf Summary
Invesco VRDO competes with Invesco New, Invesco California, Invesco National, and SPDR Nuveen. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US46138G8621 |
| CUSIP | 73936T433 46138G862 |
| Region | North America |
| Investment Issuer | Invesco |
| Etf Family | Invesco |
| Fund Category | Municipals |
| Portfolio Concentration | VRDO |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Invesco VRDO Key Financial Ratios
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco VRDO's current stock value. Our valuation model uses many indicators to compare Invesco VRDO value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco VRDO competition to find correlations between indicators driving Invesco VRDO's intrinsic value. More Info.Invesco VRDO Tax Free is regarded second largest ETF in beta as compared to similar ETFs. It is rated number one ETF in one year return as compared to similar ETFs . 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 VRDO's earnings, one of the primary drivers of an investment's value.Invesco VRDO Tax Systematic Risk
Invesco VRDO's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco VRDO 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Invesco VRDO Tax correlated with the market. If Beta is less than 0 Invesco VRDO generally moves in the opposite direction as compared to the market. If Invesco VRDO Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco VRDO Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco VRDO is generally in the same direction as the market. If Beta > 1 Invesco VRDO moves generally in the same direction as, but more than the movement of the benchmark.
About Invesco VRDO Financials
What exactly are Invesco VRDO 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 VRDO's income statement, its balance sheet, and the statement of cash flows. Potential Invesco VRDO investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Invesco VRDO investors may use each financial statement separately, they are all related. The changes in Invesco VRDO's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco VRDO'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 VRDO Thematic Clasifications
Invesco VRDO Tax Free is part of Municipals ETFs investing theme. 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. USA ETFs from Municipals clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Municipals clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Municipals ETFs | View |
Invesco VRDO December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco VRDO help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco VRDO Tax Free. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco VRDO Tax Free 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 VRDO's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3155 | |||
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 2.18 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.3247 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco VRDO Tax Free. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.