Invesco Next Gen Etf Equity Positions Weight
| KNCT Etf | 116.25 1.22 1.06% |
Invesco Next's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Invesco Etf price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Invesco Next Gen ETF Equity Positions Weight Analysis
Invesco Next's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, Invesco Next Gen has an Equity Positions Weight of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Technology (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Invesco Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Next's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco Next could also be used in its relative valuation, which is a method of valuing Invesco Next by comparing valuation metrics of similar companies.Invesco Next is currently under evaluation in equity positions weight as compared to similar ETFs.
Invesco Fundamentals
| Beta | 0.85 | |||
| One Year Return | 21.40 % | |||
| Three Year Return | 15.40 % | |||
| Five Year Return | 10.80 % | |||
| Ten Year Return | 12.90 % |
About Invesco Next Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Next Gen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Next using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Next Gen based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Invesco Next Piotroski F Score and Invesco Next Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Invesco Next Gen 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 Next's value that differs from its market value or its book value, called intrinsic value, which is Invesco Next'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 Next's market value can be influenced by many factors that don't directly affect Invesco Next'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 Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Next'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.