Invesco New York Etf Performance
| PZT Etf | USD 23.01 0.17 0.74% |
The etf retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco New is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Invesco New York has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Invesco New is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Jane Street Group LLC Raises Stake in Invesco New York AMT-Free Municipal Bond ETF - Defense World | 01/02/2025 |
2 | Invesco New York AMT-Free Municipal Bond ETF declares monthly distribution of 0.0605 - MSN | 01/22/2025 |
| In Threey Sharp Ratio | -0.39 |
Invesco |
Invesco New Relative Risk vs. Return Landscape
If you would invest 2,317 in Invesco New York on December 2, 2024 and sell it today you would lose (16.00) from holding Invesco New York or give up 0.69% of portfolio value over 90 days. Invesco New York is generating negative expected returns assuming volatility of 0.4977% on return distribution over 90 days investment horizon. In other words, 4% 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 New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco New's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco New York, and traders can use it to determine the average amount a Invesco New'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 = -0.0204
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PZT |
Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.01 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 New 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 New by adding Invesco New to a well-diversified portfolio.
Invesco New Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco New, and Invesco New 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.
| Total Asset | 97.1 M | |||
About Invesco New Performance
Assessing Invesco New's fundamental ratios provides investors with valuable insights into Invesco New's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Invesco New is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund generally will invest at least 80 percent of its total assets in the components of the underlying index. New York is traded on NYSEARCA Exchange in the United States.| Invesco New York generated a negative expected return over the last 90 days | |
| The fund maintains all of the assets in different exotic instruments |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco New York. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Invesco New York 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 New's value that differs from its market value or its book value, called intrinsic value, which is Invesco New'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 New's market value can be influenced by many factors that don't directly affect Invesco New'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 New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco New'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.