Invesco 1 Holdings Turnover vs. Five Year Return

PSB Etf  CAD 17.93  0.05  0.28%   
Based on the key profitability measurements obtained from Invesco 1's financial statements, Invesco 1 5 Year may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Invesco 1's ability to earn profits and add value for shareholders.
For Invesco 1 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco 1 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco 1 5 Year utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco 1's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco 1 5 Year over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Invesco 1's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco 1 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco 1'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.

Invesco 1 5 Five Year Return vs. Holdings Turnover Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Invesco 1's current stock value. Our valuation model uses many indicators to compare Invesco 1 value to that of its competitors to determine the firm's financial worth.
Invesco 1 5 Year is rated number one ETF in holdings turnover as compared to similar ETFs. It also is rated number one ETF in five year return as compared to similar ETFs reporting about  0.02  of Five Year Return per Holdings Turnover. The ratio of Holdings Turnover to Five Year Return for Invesco 1 5 Year is roughly  48.85 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Invesco 1 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Invesco 1's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Invesco Five Year Return vs. Holdings Turnover

Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.

Invesco 1

Holding Turnover

 = 

Year Cash Flow

Net Asset

X

100

 = 
141.67 %
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Invesco 1

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
2.90 %
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

Invesco Five Year Return Comparison

Invesco 1 is currently under evaluation in five year return as compared to similar ETFs.

Invesco 1 Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco 1, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco 1 will eventually generate negative long term returns. The profitability progress is the general direction of Invesco 1's change in net profit over the period of time. It can combine multiple indicators of Invesco 1, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the FTSE Canada Investment Grade 1-5 Year Laddered Corporate Bond Index, or any successor thereto. INVESCO 1 is traded on Toronto Stock Exchange in Canada.

Invesco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Invesco 1. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Invesco 1 position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Invesco 1's important profitability drivers and their relationship over time.

Use Invesco 1 in pair-trading

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 1 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 1 will appreciate offsetting losses from the drop in the long position's value.

Invesco 1 Pair Trading

Invesco 1 5 Year Pair Trading Analysis

The ability to find closely correlated positions to Invesco 1 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 1 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 1 - 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 1 5 Year to buy it.
The correlation of Invesco 1 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 1 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco 1 5 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 1 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Invesco 1 position

In addition to having Invesco 1 in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Invesco Etf

To fully project Invesco 1's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco 1 5 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Invesco 1's income statement, its balance sheet, and the statement of cash flows.
Potential Invesco 1 investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Invesco 1 investors may work on each financial statement separately, they are all related. The changes in Invesco 1's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco 1's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.