Invesco Canadian Valuation
| PDC Etf | CAD 34.60 0.20 0.57% |
At this time, the entity appears to be overvalued. Invesco Canadian Dividend retains a regular Real Value of C$32.9 per share. The prevalent price of the entity is C$34.6. Our model calculates the value of Invesco Canadian Dividend from evaluating the entity fundamentals such as Price To Earning of 15.71 X, total asset of 645.4 M, and Price To Book of 1.62 X as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Invesco Canadian's price fluctuation is very steady at this time. Calculation of the real value of Invesco Canadian Dividend is based on 3 months time horizon. Increasing Invesco Canadian's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Invesco Canadian is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Invesco Etf. However, Invesco Canadian's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 34.6 | Real 32.9 | Hype 34.81 |
The intrinsic value of Invesco Canadian's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Invesco Canadian's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Invesco Canadian Dividend helps investors to forecast how Invesco etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Invesco Canadian more accurately as focusing exclusively on Invesco Canadian's fundamentals will not take into account other important factors: About Invesco Canadian Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Invesco Canadian Dividend. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Invesco Canadian Dividend based exclusively on its fundamental and basic technical indicators. By analyzing Invesco Canadian's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Invesco Canadian's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco Canadian. We calculate exposure to Invesco Canadian's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Invesco Canadian's related companies.The fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Nasdaq Select Canadian Dividend Index, or any successor thereto.It invests primarily in Canadian equity securities. INVESCO CDN is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Invesco Etf
Invesco Canadian financial ratios help investors to determine whether Invesco Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco Canadian security.