TAN 📈 Invesco Solar - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US46138G7060 • Miscellaneous Sector

TAN: Solar, Panels, Renewable, Energy, Systems, Equipment

The fund will generally invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC, has contracted with S&P DJI Netherlands B.V. to calculate and administer the underlying index, which seeks to track the performance of companies in global solar energy businesses. The fund is non-diversified. ‣ Company URL: http://www.invesco.com/us ‣ Domicile: United States

Additional Sources for TAN ETF

TAN ETF Overview

Market Cap in USD 832m
Category Miscellaneous Sector
TER 0.67%
IPO / Inception 2008-04-15

TAN ETF Ratings

Growth 5y -19.7%
Fundamental -
Dividend 36.8%
Rel. Strength Industry -198
Analysts -
Fair Price Momentum 29.08 USD
Fair Price DCF -

TAN Dividends

Dividend Yield 12m 0.49%
Yield on Cost 5y 0.49%
Annual Growth 5y 12.39%
Payout Consistency 50.7%

TAN Growth Ratios

Growth Correlation 3m -72.8%
Growth Correlation 12m -79.1%
Growth Correlation 5y -27.8%
CAGR 5y 0.30%
CAGR/Mean DD 5y 0.01
Sharpe Ratio 12m -0.59
Alpha -54.18
Beta 1.36
Volatility 39.35%
Current Volume 779.7k
Average Volume 20d 1053.6k
What is the price of TAN stocks?
As of January 15, 2025, the stock is trading at USD 33.94 with a total of 779,731 shares traded.
Over the past week, the price has changed by -5.15%, over one month by -3.37%, over three months by -12.84% and over the past year by -23.45%.
Is Invesco Solar a good stock to buy?
Neither. Based on ValueRay Analyses, Invesco Solar is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -19.69 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TAN as of January 2025 is 29.08. This means that TAN is currently overvalued and has a potential downside of -14.32%.
Is TAN a buy, sell or hold?
Invesco Solar has no consensus analysts rating.
What are the forecast for TAN stock price target?
According to ValueRays Forecast Model, TAN Invesco Solar will be worth about 32.7 in January 2026. The stock is currently trading at 33.94. This means that the stock has a potential downside of -3.59%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 32.7 -3.6%