Invesco Oppenheimer Net Asset vs. Price to Book

OAACX
 Fund
  

USD 12.29  0.13  1.07%   

For Invesco Oppenheimer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco Oppenheimer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco Oppenheimer Portfolio utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco Oppenheimer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco Oppenheimer Portfolio over time as well as its relative position and ranking within its peers. Please check Your Equity Center.
  
Please note, there is a significant difference between Invesco Oppenheimer's value and its price as these two are different measures arrived at by different means. Investors typically determine Invesco Oppenheimer value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Oppenheimer'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 Oppenheimer Price to Book vs. Net Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Invesco Oppenheimer's current stock value. Our valuation model uses many indicators to compare Invesco Oppenheimer value to that of its competitors to determine the firm's financial worth.
Invesco Oppenheimer Portfolio is regarded third largest fund in net asset among similar funds. It is regarded third largest fund in price to book among similar funds . The ratio of Net Asset to Price to Book for Invesco Oppenheimer Portfolio is about  799,145,299 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Invesco Oppenheimer by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Invesco Oppenheimer's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco Oppenheimer's earnings, one of the primary drivers of an investment's value.

Invesco Price to Book vs. Net Asset

Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Invesco Oppenheimer 
Net Asset 
 = 
Current Market Value 
Current Liabilities 
1.87 B
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Invesco Oppenheimer 
P/B 
 = 
MV Per Share 
BV Per Share 
2.34 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Invesco Price to Book Comparison

Invesco Oppenheimer is currently under evaluation in price to book among similar funds.

Invesco Oppenheimer Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco Oppenheimer, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco Oppenheimer will eventually generate negative long term returns. The profitability progress is the general direction of Invesco Oppenheimer's change in net profit over the period of time. It can combine multiple indicators of Invesco Oppenheimer, 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 is a fund of funds, and invests its assets in other underlying mutual funds advised by the Adviser and exchange-traded funds and other pooled investment vehicles advised by Invesco Capital or mutual funds, ETFs and other pooled investment vehicles advised by unaffiliated advisers . Invesco Oppenheimer is traded on NASDAQ Exchange in the United States.

Invesco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Invesco Oppenheimer. 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 Oppenheimer 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 Oppenheimer's important profitability drivers and their relationship over time.

Use Invesco Oppenheimer 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 Oppenheimer 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 Oppenheimer will appreciate offsetting losses from the drop in the long position's value.

Invesco Oppenheimer Pair Trading

Invesco Oppenheimer Portfolio Pair Trading Analysis

The ability to find closely correlated positions to Invesco Oppenheimer 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 Oppenheimer 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 Oppenheimer - 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 Oppenheimer Portfolio to buy it.
The correlation of Invesco Oppenheimer is a statistical measure of how it moves in relation to other equities. 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 Oppenheimer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Oppenheimer 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 Oppenheimer 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 Oppenheimer position

In addition to having Invesco Oppenheimer 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.

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Run Semiconductor Thematic Idea Now

Semiconductor
Semiconductor Theme
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 40 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 Semiconductor Theme or any other thematic opportunities.
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Please check Your Equity Center. Note that the Invesco Oppenheimer information on this page should be used as a complementary analysis to other Invesco Oppenheimer's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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To fully project Invesco Oppenheimer's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco Oppenheimer 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 Oppenheimer's income statement, its balance sheet, and the statement of cash flows.
Potential Invesco Oppenheimer investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Invesco Oppenheimer investors may work on each financial statement separately, they are all related. The changes in Invesco Oppenheimer's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco Oppenheimer'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.