(SPHB) Invesco SP500 High Beta - Ratings and Ratios

The Invesco S&P 500® High Beta ETF (NYSE ARCA: SPHB) is designed to track the performance of the S&P 500® High Beta Index, which focuses on the 100 S&P 500 constituents with the highest beta over the past year. Beta measures a stocks sensitivity to broader market movements. The fund invests at least 90% of its assets in the indexs components, offering exposure to high-volatility sectors. The index is rebalanced quarterly to maintain its beta-driven composition.

As a non-diversified fund, SPHB can invest a significant portion of its assets in a limited number of securities, amplifying both potential returns and risks. Its portfolio reflects sectors with higher market sensitivity, historically including technology, consumer discretionary, and industrials. The funds strategy appeals to investors seeking heightened exposure to market fluctuations.

Based on the provided and , here is a 3-month forecast: - Price Range: Expected to oscillate between $85.12 and $89.12, reflecting the ATR of 1.88 and the current price of $86.87. - Trend Indicator: The SMA20 ($91.16) and SMA50 ($91.12) are declining, signaling potential bearish momentum. The SMA200 ($87.76) is slightly above the current price, indicating a possible support level. - Volume: Average daily trading volume of 228,276 shares suggests moderate liquidity, which may impact intraday price movements. - Market Sensitivity: As a high-beta ETF, SPHB is likely to experience amplified price swings relative to broader market movements. This forecast is based on historical data and should not be interpreted as investment advice.