Invesco Bulletshares 2033 Etf Performance
| BSCX Etf | 21.01 0.08 0.38% |
The etf retains a Market Volatility (i.e., Beta) of 0.0633, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco BulletShares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco BulletShares is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Invesco BulletShares 2033 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong fundamental indicators, Invesco BulletShares is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Novare Capital Management LLC Acquires New Position in InvescoBulletShares2033 Corporate Bond ETF | 10/15/2024 |
Invesco |
Invesco BulletShares Relative Risk vs. Return Landscape
If you would invest 2,106 in Invesco BulletShares 2033 on August 30, 2024 and sell it today you would lose (5.00) from holding Invesco BulletShares 2033 or give up 0.24% of portfolio value over 90 days. Invesco BulletShares 2033 is currently does not generate positive expected returns and assumes 0.3609% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than Invesco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Invesco BulletShares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco BulletShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco BulletShares 2033, and traders can use it to determine the average amount a Invesco BulletShares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0087
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| Negative Returns | BSCX |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco BulletShares is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco BulletShares by adding Invesco BulletShares to a well-diversified portfolio.
About Invesco BulletShares Performance
Evaluating Invesco BulletShares' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco BulletShares has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Invesco BulletShares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Invesco BulletShares generated a negative expected return over the last 90 days |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco BulletShares 2033. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of Invesco BulletShares 2033 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 BulletShares' value that differs from its market value or its book value, called intrinsic value, which is Invesco BulletShares' 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 BulletShares' market value can be influenced by many factors that don't directly affect Invesco BulletShares' 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 BulletShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco BulletShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco BulletShares' 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.