Invesco DWA Healthcare Etf Statistic Functions Beta

PTH Etf  USD 46.54  -1.09  -2.29%   
This statistic functions module runs Beta function calculations across available data for Invesco DWA. The calculations are based on historical trading data. Please specify Time Period to execute this module.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Invesco DWA Healthcare correlated with the market. If Beta is less than 0 Invesco DWA generally moves in the opposite direction as compared to the market. If Invesco DWA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco DWA Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco DWA is generally in the same direction as the market. If Beta > 1 Invesco DWA moves generally in the same direction as, but more than the movement of the benchmark.

Invesco DWA Technical Analysis Modules

Technical analysis of Invesco DWA uses historical price and volume data to identify patterns that may signal where the Invesco trend is heading. Price transforms can expose non-obvious relationships in Invesco's historical data.

Methodology, Assumptions & Data Sources

This chart tracks Invesco DWA's Statistic Functions from year to year. Peer comparison adds context that the raw number alone cannot.

Unless otherwise specified, data for Invesco DWA Healthcare is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board
Last reviewed on March 5th, 2026