Invesco Total Ownership
GTO Etf | USD 47.07 0.05 0.11% |
Invesco |
Invesco Etf Ownership Analysis
Invesco Total is is formed as Regulated Investment Company in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 1301 constituents with avarage daily trading value of 200 K. The fund charges 0.5 percent management fee with a total expences of 0.5 percent of total asset. The fund retains about 15.66% of assets under management (AUM) in fixed income securities. Invesco Total Return last dividend was 0.126 per share. The fund will normally invest in a portfolio of fixed income instruments of varying maturities and of any credit quality. Total Return is traded on NYSEARCA Exchange in the United States. To learn more about Invesco Total Return call the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Total , and the less return is expected.
Investment Allocations (%)
Top Etf Constituents
Institutional Etf Holders for Invesco Total
Invesco Total Outstanding Bonds
Invesco Total issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Invesco Total Return uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Invesco bonds can be classified according to their maturity, which is the date when Invesco Total Return has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Invesco Total
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Total position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Total will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Etf
1.0 | IUSB | iShares Core Total Sell-off Trend | PairCorr |
0.99 | FIXD | First Trust TCW | PairCorr |
1.0 | FBND | Fidelity Total Bond Sell-off Trend | PairCorr |
0.99 | TOTL | SPDR DoubleLine Total | PairCorr |
0.92 | HTRB | Hartford Total Return | PairCorr |
Moving against Invesco Etf
0.78 | USD | ProShares Ultra Semi | PairCorr |
0.71 | GBTC | Grayscale Bitcoin Trust | PairCorr |
0.62 | FNGO | MicroSectors FANG Index | PairCorr |
0.54 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
0.53 | CAT | Caterpillar | PairCorr |
The ability to find closely correlated positions to Invesco Total could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Total when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Total - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Total Return to buy it.
The correlation of Invesco Total is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Total moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Total Return moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Total can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Invesco Total Return. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of Invesco Total Return 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 Total's value that differs from its market value or its book value, called intrinsic value, which is Invesco Total'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 Total's market value can be influenced by many factors that don't directly affect Invesco Total'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 Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Total'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.