Invesco Dynamic Oil Etf Performance
| PXJ Etf | USD 27.92 0.38 1.34% |
The etf retains a Market Volatility (i.e., Beta) of 1.23, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Invesco Dynamic will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days Invesco Dynamic Oil has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively steady basic indicators, Invesco Dynamic is not utilizing all of its potentials. The latest stock price chaos, may contribute to medium-term losses for the stakeholders. ...more
1 | How to Take Advantage of moves in - Stock Traders Daily | 09/27/2024 |
2 | Pivots Trading Plans and Risk Controls - Stock Traders Daily | 12/12/2024 |
| In Threey Sharp Ratio | 0.76 |
Invesco |
Invesco Dynamic Relative Risk vs. Return Landscape
If you would invest 2,899 in Invesco Dynamic Oil on September 18, 2024 and sell it today you would lose (111.28) from holding Invesco Dynamic Oil or give up 3.84% of portfolio value over 90 days. Invesco Dynamic Oil is generating negative expected returns assuming volatility of 1.8606% on return distribution over 90 days investment horizon. In other words, 16% 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 Dynamic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Dynamic's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco Dynamic Oil, and traders can use it to determine the average amount a Invesco Dynamic'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 = -0.0244
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PXJ |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco Dynamic 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 Invesco Dynamic by adding Invesco Dynamic to a well-diversified portfolio.
Invesco Dynamic Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco Dynamic, and Invesco Dynamic 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 | 0.0021 | |||
| Return On Asset | 0.0019 | |||
| Profit Margin | 0 % | |||
| Price To Earning | (1.45) X | |||
| Price To Book | 0.70 X | |||
| Price To Sales | 0.97 X | |||
| Revenue | 1.51 M | |||
| Cash And Equivalents | 284 | |||
| Earnings Per Share | (2.80) X | |||
| Total Asset | 23.27 M | |||
About Invesco Dynamic Performance
By evaluating Invesco Dynamic's fundamental ratios, stakeholders can gain valuable insights into Invesco Dynamic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Invesco Dynamic 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 Dynamic 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. Dynamic Oil is traded on NYSEARCA Exchange in the United States.| Invesco Dynamic Oil generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| The fund generated-8.0 ten year return of -8.0% | |
| Invesco Dynamic Oil maintains 99.66% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Dynamic Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of Invesco Dynamic Oil 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Invesco Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect Invesco Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Dynamic'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.