Invesco Dynamic Price To Earning vs. Ten Year Return

PBJ Etf  USD 46.99  0.37  0.79%   
Based on the measurements of profitability obtained from Invesco Dynamic's financial statements, Invesco Dynamic Food may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Invesco Dynamic's ability to earn profits and add value for shareholders.
For Invesco Dynamic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco Dynamic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco Dynamic Food utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco Dynamic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco Dynamic Food over time as well as its relative position and ranking within its peers.
  
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The market value of Invesco Dynamic Food 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Invesco Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect Invesco Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Dynamic'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.

Invesco Dynamic Food Ten Year Return vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Invesco Dynamic's current stock value. Our valuation model uses many indicators to compare Invesco Dynamic value to that of its competitors to determine the firm's financial worth.
Invesco Dynamic Food is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in ten year return as compared to similar ETFs reporting about  1.34  of Ten Year Return per Price To Earning. Comparative valuation analysis is a catch-all technique that is used if you cannot value Invesco Dynamic by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Invesco Ten Year Return vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Invesco Dynamic

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
4.26 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.

Invesco Dynamic

Ten Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
5.70 %
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.

Invesco Ten Year Return Comparison

Invesco Dynamic is currently under evaluation in ten year return as compared to similar ETFs.

Invesco Dynamic Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco Dynamic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco Dynamic will eventually generate negative long term returns. The profitability progress is the general direction of Invesco Dynamic's change in net profit over the period of time. It can combine multiple indicators of Invesco Dynamic, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. Dynamic Food is traded on NYSEARCA Exchange in the United States.

Invesco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Invesco Dynamic. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Invesco Dynamic position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Invesco Dynamic's important profitability drivers and their relationship over time.

Use Invesco Dynamic in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Dynamic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Dynamic will appreciate offsetting losses from the drop in the long position's value.

Invesco Dynamic Pair Trading

Invesco Dynamic Food Pair Trading Analysis

The ability to find closely correlated positions to Invesco Dynamic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Dynamic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Dynamic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Dynamic Food to buy it.
The correlation of Invesco Dynamic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Dynamic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Dynamic Food moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Dynamic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Invesco Dynamic position

In addition to having Invesco Dynamic 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.

Did You Try This Idea?

Run Fabricated Products Thematic Idea Now

Fabricated Products
Fabricated Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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When determining whether Invesco Dynamic Food is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Invesco Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Invesco Dynamic Food Etf. Highlighted below are key reports to facilitate an investment decision about Invesco Dynamic Food Etf:
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You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
To fully project Invesco Dynamic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco Dynamic Food at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Invesco Dynamic's income statement, its balance sheet, and the statement of cash flows.
Potential Invesco Dynamic investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Invesco Dynamic investors may work on each financial statement separately, they are all related. The changes in Invesco Dynamic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco Dynamic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.