Invesco High Yield Etf Performance
| PEY Etf | USD 21.42 0.16 0.74% |
The etf retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco High is expected to be smaller as well.
Risk-Adjusted Performance
Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Invesco High Yield are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong technical and fundamental indicators, Invesco High is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.17 |
Invesco |
Invesco High Relative Risk vs. Return Landscape
If you would invest 2,112 in Invesco High Yield on December 22, 2024 and sell it today you would earn a total of 30.00 from holding Invesco High Yield or generate 1.42% return on investment over 90 days. Invesco High Yield is generating 0.0265% of daily returns assuming volatility of 0.8272% on return distribution over 90 days investment horizon. In other words, 7% 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 |
| Risk |
Invesco High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco High's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco High Yield, and traders can use it to determine the average amount a Invesco High'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 = 0.032
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PEY |
Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Invesco High is performing at about 2% of its full potential. 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 High by adding it to a well-diversified portfolio.
Invesco High Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco High, and Invesco High 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.
| Return On Equity | 5.0E-4 | |||
| Return On Asset | 3.44 | |||
| Profit Margin | 0.79 % | |||
| Shares Outstanding | 64.3 M | |||
| Price To Earning | 3.14 X | |||
| Price To Book | 1.09 X | |||
| Price To Sales | 1.64 X | |||
| Revenue | 14.29 M | |||
| Earnings Per Share | 1.84 X | |||
| Total Asset | 1.23 B | |||
About Invesco High Performance
Evaluating Invesco High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco High 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 High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. High Yield is traded on NASDAQ Exchange in the United States.| The fund maintains all of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco High Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of Invesco High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is Invesco High'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 High's market value can be influenced by many factors that don't directly affect Invesco High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco High'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.