Invesco Dwa Utilities Etf Beta
| PUI Etf | USD 42.60 0.11 0.26% |
Invesco DWA Utilities fundamentals help investors to digest information that contributes to Invesco DWA's financial success or failures. It also enables traders to predict the movement of Invesco Etf. The fundamental analysis module provides a way to measure Invesco DWA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco DWA etf.
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Invesco DWA Utilities ETF Beta Analysis
Invesco DWA's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Invesco DWA Beta | 0.79 |
Most of Invesco DWA's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco DWA Utilities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Invesco DWA Utilities has a Beta of 0.79. This is much higher than that of the Invesco family and significantly higher than that of the Utilities category. The beta for all United States etfs is notably lower than that of the firm.
Invesco Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco DWA's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco DWA could also be used in its relative valuation, which is a method of valuing Invesco DWA by comparing valuation metrics of similar companies.Invesco DWA is currently under evaluation in beta as compared to similar ETFs.
Fund Asset Allocation for Invesco DWA
The fund invests 99.88% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Invesco DWA's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As returns on the market increase, Invesco DWA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco DWA is expected to be smaller as well.
Invesco Fundamentals
| Return On Equity | 0.0308 | |||
| Return On Asset | 3.0E-4 | |||
| Profit Margin | 96.01 % | |||
| Shares Outstanding | 5.75 M | |||
| Price To Earning | 6.00 X | |||
| Price To Book | 1.07 X | |||
| Price To Sales | 1.34 X | |||
| Revenue | 1.29 M | |||
| Net Income | 1.03 M | |||
| Cash And Equivalents | 232 | |||
| Earnings Per Share | 3.23 X | |||
| Beta | 0.79 | |||
| Market Capitalization | 220.01 M | |||
| Total Asset | 75.07 M | |||
| One Year Return | 38.70 % | |||
| Three Year Return | 10.30 % | |||
| Five Year Return | 7.20 % | |||
| Ten Year Return | 8.80 % | |||
| Net Asset | 75.07 M | |||
| Last Dividend Paid | 0.25 | |||
| Equity Positions Weight | 99.88 % |
About Invesco DWA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco DWA Utilities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco DWA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco DWA Utilities 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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When determining whether Invesco DWA Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco DWA'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 Dwa Utilities Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Dwa Utilities Etf:Check out Invesco DWA Piotroski F Score and Invesco DWA Altman Z Score analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Invesco DWA Utilities 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 DWA's value that differs from its market value or its book value, called intrinsic value, which is Invesco DWA'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 DWA's market value can be influenced by many factors that don't directly affect Invesco DWA'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 DWA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DWA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DWA'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.