Invesco Taxable Municipal Etf Three Year Return
| BAB Etf | USD 26.28 0.01 0.04% |
Invesco Taxable Municipal fundamentals help investors to digest information that contributes to Invesco Taxable's financial success or failures. It also enables traders to predict the movement of Invesco Etf. The fundamental analysis module provides a way to measure Invesco Taxable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco Taxable etf.
Invesco |
Invesco Taxable Municipal ETF Three Year Return Analysis
Invesco Taxable's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Invesco Taxable Three Year Return | (4.00) % |
Most of Invesco Taxable's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco Taxable Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Invesco Taxable Municipal has a Three Year Return of -4.0%. This is 132.31% lower than that of the Invesco family and significantly lower than that of the Long-Term Bond category. The three year return for all United States etfs is notably higher than that of the company.
Invesco Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Taxable's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco Taxable could also be used in its relative valuation, which is a method of valuing Invesco Taxable by comparing valuation metrics of similar companies.Invesco Taxable is currently under evaluation in three year return as compared to similar ETFs.
Invesco Fundamentals
| Price To Earning | 25.69 X | |||
| Earnings Per Share | 2.07 X | |||
| Number Of Employees | 148 | |||
| Beta | 1.15 | |||
| Market Capitalization | 921.1 M | |||
| Total Asset | 1.59 B | |||
| One Year Return | 0.80 % | |||
| Three Year Return | (4.00) % | |||
| Five Year Return | (0.50) % | |||
| Ten Year Return | 2.20 % | |||
| Net Asset | 1.59 B | |||
| Last Dividend Paid | 0.065 |
About Invesco Taxable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Taxable Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Taxable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Taxable Municipal based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Invesco Taxable Municipal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Taxable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Taxable Municipal Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Taxable Municipal Etf:Check out Invesco Taxable Piotroski F Score and Invesco Taxable Altman Z Score analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.