Invesco Agriculture Commodity Etf Fundamentals
| PDBA Etf | USD 39.80 0.25 0.63% |
Invesco Agriculture Commodity fundamentals help investors to digest information that contributes to Invesco Agriculture'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 Agriculture'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 Agriculture etf.
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Invesco Agriculture Commodity ETF One Year Return Analysis
Invesco Agriculture's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Invesco Agriculture One Year Return | 30.10 % |
Most of Invesco Agriculture's fundamental indicators, such as One 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 Agriculture Commodity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Invesco Agriculture Commodity has an One Year Return of 30.1%. This is much higher than that of the Invesco family and significantly higher than that of the Commodities Focused category. The one year return for all United States etfs is notably lower than that of the firm.
Invesco One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Agriculture's direct or indirect competition against its One 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 Agriculture could also be used in its relative valuation, which is a method of valuing Invesco Agriculture by comparing valuation metrics of similar companies.Invesco Agriculture is currently under evaluation in one year return as compared to similar ETFs.
Invesco Fundamentals
| Total Asset | 10.3 M | |||
| One Year Return | 30.10 % | |||
| Net Asset | 10.3 M |
About Invesco Agriculture Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Agriculture Commodity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Agriculture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Agriculture Commodity 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.The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of financial instruments that are economically linked to commodities drawn from the agriculture sector. Invesco Agriculture is traded on NASDAQ Exchange in the United States.
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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 Agriculture offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Agriculture'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 Agriculture Commodity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Agriculture Commodity Etf:Check out Invesco Agriculture Piotroski F Score and Invesco Agriculture Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of Invesco Agriculture 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 Agriculture's value that differs from its market value or its book value, called intrinsic value, which is Invesco Agriculture'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 Agriculture's market value can be influenced by many factors that don't directly affect Invesco Agriculture'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 Agriculture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Agriculture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Agriculture'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.