Invesco Aerospace Defense Etf Buy Hold or Sell Recommendation

PPA Etf  USD 101.71  1.52  1.52%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Invesco Aerospace Defense is 'Strong Buy'. Macroaxis provides Invesco Aerospace buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PPA positions. The advice algorithm takes into account all of Invesco Aerospace's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Invesco Aerospace's buy or sell advice are summarized below:
Real Value
106.53
Hype Value
101.7
Market Value
101.71
Naive Value
102.26
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Invesco Aerospace Defense given historical horizon and risk tolerance towards Invesco Aerospace. When Macroaxis issues a 'buy' or 'sell' recommendation for Invesco Aerospace Defense, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Invesco Aerospace Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Invesco and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Invesco Aerospace Defense. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Execute Invesco Aerospace Buy or Sell Advice

The Invesco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Invesco Aerospace Defense. Macroaxis does not own or have any residual interests in Invesco Aerospace Defense or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Invesco Aerospace's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Invesco AerospaceBuy Invesco Aerospace
Strong Buy

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Invesco Aerospace Defense has a Risk Adjusted Performance of 0.1527, Jensen Alpha of 0.0511, Total Risk Alpha of 0.0208, Sortino Ratio of 0.0646 and Treynor Ratio of 0.182
Macroaxis provides investment recommendation on Invesco Aerospace to complement and cross-verify current analyst consensus on Invesco Aerospace Defense. Our trade recommendations engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Invesco Aerospace Defense is not overpriced, please check out all Invesco Aerospace fundamentals, including its earnings per share, total asset, as well as the relationship between the Total Asset and ten year return .

Invesco Aerospace Trading Alerts and Improvement Suggestions

Latest headline from zacks.com: Should You Invest in the SPDR SP Aerospace Defense ETF
The fund maintains 99.95% of its assets in stocks

Invesco Aerospace Returns Distribution Density

The distribution of Invesco Aerospace's historical returns is an attempt to chart the uncertainty of Invesco Aerospace's future price movements. The chart of the probability distribution of Invesco Aerospace daily returns describes the distribution of returns around its average expected value. We use Invesco Aerospace Defense price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Invesco Aerospace returns is essential to provide solid investment advice for Invesco Aerospace.
Mean Return
0.17
Value At Risk
-0.75
Potential Upside
1.33
Standard Deviation
0.63
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Invesco Aerospace historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Invesco Aerospace Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Invesco Aerospace or Invesco sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Invesco Aerospace's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Invesco etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.05
β
Beta against NYSE Composite0.89
σ
Overall volatility
0.65
Ir
Information ratio 0.06

Invesco Aerospace Volatility Alert

Invesco Aerospace Defense exhibits very low volatility with skewness of -0.19 and kurtosis of 0.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Invesco Aerospace's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Invesco Aerospace's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Invesco Aerospace Fundamentals Vs Peers

Comparing Invesco Aerospace's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Invesco Aerospace's direct or indirect competition across all of the common fundamentals between Invesco Aerospace and the related equities. This way, we can detect undervalued stocks with similar characteristics as Invesco Aerospace or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Invesco Aerospace's fundamental indicators could also be used in its relative valuation, which is a method of valuing Invesco Aerospace by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Invesco Aerospace to competition
FundamentalsInvesco AerospacePeer Average
Price To Earning3.39 X3.15 X
Price To Book4.03 X0.39 X
Price To Sales1.43 X0.33 X
Beta0.8
One Year Return29.00 %(0.97) %
Three Year Return12.50 %3.23 %
Five Year Return12.80 %1.12 %
Ten Year Return13.20 %1.20 %
Net Asset1.29 B2.29 B
Last Dividend Paid0.110.14
Equity Positions Weight99.95 %52.82 %

Invesco Aerospace Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Invesco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Invesco Aerospace Buy or Sell Advice

When is the right time to buy or sell Invesco Aerospace Defense? Buying financial instruments such as Invesco Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Invesco Aerospace 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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Run Business Services Thematic Idea Now

Business Services
Business Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
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When determining whether Invesco Aerospace Defense offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Aerospace's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Aerospace Defense Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Aerospace Defense Etf:
Check out Invesco Aerospace Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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The market value of Invesco Aerospace Defense 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 Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Invesco Aerospace'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 Aerospace's market value can be influenced by many factors that don't directly affect Invesco Aerospace'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 Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Aerospace'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.