Invesco Db Agriculture Etf Price on January 29, 2024
DBA Etf | USD 26.39 1.21 4.38% |
Below is the normalized historical share price chart for Invesco DB Agriculture extending back to January 05, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco DB stands at 26.39, as last reported on the 24th of December, with the highest price reaching 26.60 and the lowest price hitting 26.39 during the day.
If you're considering investing in Invesco Etf, it is important to understand the factors that can impact its price. At this point, Invesco DB is very steady. Invesco DB Agriculture holds Efficiency (Sharpe) Ratio of 0.0092, which attests that the entity had a 0.0092% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco DB Agriculture, which you can use to evaluate the volatility of the entity. Please check out Invesco DB's Market Risk Adjusted Performance of (0.43), risk adjusted performance of 0.049, and Downside Deviation of 1.26 to validate if the risk estimate we provide is consistent with the expected return of 0.0091%.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 11.55 | 200 Day MA 25.0282 | 1 y Volatility 15.66 | 50 Day MA 26.2056 | Inception Date 2007-01-05 |
Invesco |
Sharpe Ratio = 0.0092
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Negative Returns | DBA |
Estimated Market Risk
0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco DB is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco DB by adding Invesco DB to a well-diversified portfolio.
Average Mkt Cap Mil 45.7 K |
Invesco DB Valuation on January 29, 2024
It is possible to determine the worth of Invesco DB on a given historical date. On January 29, 2024 Invesco was worth 21.31 at the beginning of the trading date compared to the closed value of 21.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco DB etf. Still, in general, we apply an absolute valuation method to find Invesco DB's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco DB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco DB's related companies.
Open | High | Low | Close | Volume | |
21.41 | 21.48 | 21.37 | 21.45 | 323,500 | |
01/29/2024 | 21.31 | 21.39 | 21.26 | 21.35 | 153,300 |
21.36 | 21.67 | 21.36 | 21.67 | 867,400 |
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Invesco DB Trading Date Momentum on January 29, 2024
On January 30 2024 Invesco DB Agriculture was traded for 21.67 at the closing time. Highest Invesco DB's price during the trading hours was 21.67 and the lowest price during the day was 21.36 . The net volume was 867.4 K. The overall trading history on the 30th of January contributed to the next trading period price jump. The overall trading delta to the next next day price was 1.50% . The trading delta at closing time to current price is 2.58% . |
Invesco DB Agriculture Fundamentals Correlations and Trends
By evaluating Invesco DB's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Invesco DB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Invesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Invesco DB Etf history
Invesco DB investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco DB Agriculture will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco DB stock prices may prove useful in developing a viable investing in Invesco DB
Invesco DB Etf Technical Analysis
Invesco DB technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Invesco DB Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Invesco DB Agriculture cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Invesco DB December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco DB etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco DB shares will generate the highest return on investment. By undertsting and applying Invesco DB etf market strength indicators, traders can identify Invesco DB Agriculture entry and exit signals to maximize returns
Invesco DB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco DB's price direction in advance. Along with the technical and fundamental analysis of Invesco Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.049 | |||
Jensen Alpha | 0.052 | |||
Total Risk Alpha | 0.02 | |||
Sortino Ratio | 0.0208 | |||
Treynor Ratio | (0.44) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco DB Agriculture. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Invesco DB Agriculture 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 DB's value that differs from its market value or its book value, called intrinsic value, which is Invesco DB'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 DB's market value can be influenced by many factors that don't directly affect Invesco DB'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 DB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DB'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.