Ihit Etf Performance
| IHIT Etf | USD 7.45 0.09 1.19% |
The etf retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IHIT are expected to decrease at a much lower rate. During the bear market, IHIT is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days IHIT has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable forward indicators, IHIT is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Expense Ratio | 3.2100 |
IHIT |
IHIT Relative Risk vs. Return Landscape
If you would invest 745.00 in IHIT on August 30, 2024 and sell it today you would earn a total of 0.00 from holding IHIT or generate 0.0% return on investment over 90 days. IHIT is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than IHIT, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
IHIT Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IHIT's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IHIT, and traders can use it to determine the average amount a IHIT'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 = 0.0
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Based on monthly moving average IHIT 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 IHIT by adding IHIT to a well-diversified portfolio.
IHIT Fundamentals Growth
IHIT Etf prices reflect investors' perceptions of the future prospects and financial health of IHIT, and IHIT 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 IHIT Etf performance.
| Return On Equity | 5.76 | |||
| Return On Asset | 3.42 | |||
| Profit Margin | 67.20 % | |||
| Operating Margin | 87.30 % | |||
| Current Valuation | 277.89 M | |||
| Shares Outstanding | 24.1 M | |||
| Price To Earning | 15.69 X | |||
| Price To Book | 1.02 X | |||
| Price To Sales | 10.81 X | |||
| Revenue | 18.85 M | |||
| Cash And Equivalents | 1.02 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 80 M | |||
| Debt To Equity | 0.36 % | |||
| Book Value Per Share | 8.25 X | |||
| Cash Flow From Operations | 8.29 M | |||
| Earnings Per Share | (1.73) X | |||
About IHIT Performance
Assessing IHIT's fundamental ratios provides investors with valuable insights into IHIT's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IHIT is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Invesco High Income 2023 Target Term Fund is a closed ended fixed income mutual fund launched and managed by Invesco Advisers, Inc. Invesco High is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.| IHIT is not yet fully synchronised with the market data | |
| IHIT created five year return of -1.0% |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of IHIT is measured differently than its book value, which is the value of IHIT that is recorded on the company's balance sheet. Investors also form their own opinion of IHIT's value that differs from its market value or its book value, called intrinsic value, which is IHIT'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 IHIT's market value can be influenced by many factors that don't directly affect IHIT'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 IHIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if IHIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IHIT'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.