Invesco Taxable Municipal Etf Performance
| BAB Etf | USD 26.28 0.01 0.04% |
The etf retains a Market Volatility (i.e., Beta) of 0.0446, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Taxable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Taxable is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Invesco Taxable Municipal has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Invesco Taxable is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | BAB, Inc. Short Interest Update | 11/18/2024 |
| In Threey Sharp Ratio | -0.76 |
Invesco |
Invesco Taxable Relative Risk vs. Return Landscape
If you would invest 2,752 in Invesco Taxable Municipal on September 23, 2024 and sell it today you would lose (124.00) from holding Invesco Taxable Municipal or give up 4.51% of portfolio value over 90 days. Invesco Taxable Municipal is generating negative expected returns assuming volatility of 0.4217% on return distribution over 90 days investment horizon. In other words, 3% of etfs are less volatile than Invesco, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Invesco Taxable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Taxable's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Taxable Municipal, and traders can use it to determine the average amount a Invesco Taxable'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 = -0.1661
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| Negative Returns | BAB |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco Taxable is not performing at its full potential. However, 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 Taxable by adding Invesco Taxable to a well-diversified portfolio.
Invesco Taxable Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco Taxable, and Invesco Taxable fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Etf performance.
| Price To Earning | 25.69 X | |||
| Earnings Per Share | 2.07 X | |||
| Total Asset | 1.59 B | |||
About Invesco Taxable Performance
By analyzing Invesco Taxable's fundamental ratios, stakeholders can gain valuable insights into Invesco Taxable's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Invesco Taxable has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Invesco Taxable has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund generally will invest at least 80 percent of its total assets in securities that comprise the index. Taxable Municipal is traded on NYSEARCA Exchange in the United States.| Invesco Taxable generated a negative expected return over the last 90 days | |
| Invesco Taxable Municipal generated five year return of 0.0% | |
| This fund holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco Taxable Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Invesco Taxable Municipal 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 Taxable's value that differs from its market value or its book value, called intrinsic value, which is Invesco Taxable'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 Taxable's market value can be influenced by many factors that don't directly affect Invesco Taxable'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 Taxable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Taxable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Taxable'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.