Invesco Aerospace is trading at 121.39 as of the 30th of November 2024, a 0.85 percent increase since the beginning of the trading day. The etf's open price was 120.37. Invesco Aerospace has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Invesco Aerospace Defense are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. Aerospace Defense is traded on NYSEARCA Exchange in the United States. More on Invesco Aerospace Defense
[PA POWER AUTOMATION, PA Power Automation AG, PA Power Automation AG, PA POWER AUTOMATION (PPA.SG), PA Power Automation AG, Invesco Exchange-Traded Fund Trust - Invesco Aerospace & Defense ETF]
Peter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
30-Apr
Exchange
NYSE Arca, Inc.
Number of Constituents
112
Market Maker
IMC
Total Expense
0.58
Management Fee
0.5
Country Name
USA
Returns Y T D
31.09
Name
Invesco Aerospace Defense ETF
Currency Code
USD
Open Figi
BBG000BDX0N6
In Threey Volatility
18.5
1y Volatility
12.32
200 Day M A
107.22
50 Day M A
117.47
Code
PPA
Updated At
30th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.71
Invesco Aerospace Defense [PPA] is traded in USA and was established 2005-10-26. The fund is classified under Industrials category within Invesco family. The entity is thematically classified as Sector ETFs. Invesco Aerospace Defense at this time have 1.29 B in assets. , while the total return for the last 3 years was 20.5%.
Check Invesco Aerospace Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Aerospace Defense Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Aerospace. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Aerospace Defense. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
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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.