Invesco Growth And Fund Market Value
| ACGMX Fund | USD 24.35 0.05 0.21% |
| Symbol | Invesco |
Invesco Growth 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Invesco Growth's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Invesco Growth.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Invesco Growth on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Growth And or generate 0.0% return on investment in Invesco Growth over 360 days. Invesco Growth is related to or competes with Aqr Managed, American Funds, Schwab Treasury, Guggenheim Managed, Fidelity Sai, Atac Inflation, and Loomis Sayles. Under normal market conditions, the funds investment adviser seeks to achieve the funds investment objective by investin... More
Invesco Growth Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Invesco Growth's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Invesco Growth And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4914 | |||
| Information Ratio | 0.0207 | |||
| Maximum Drawdown | 4.5 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 1.16 |
Invesco Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Growth's standard deviation. In reality, there are many statistical measures that can use Invesco Growth historical prices to predict the future Invesco Growth's volatility.| Risk Adjusted Performance | 0.1413 | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | 0.0166 | |||
| Sortino Ratio | 0.03 | |||
| Treynor Ratio | 0.1407 |
Invesco Growth And Backtested Returns
At this stage we consider Invesco Mutual Fund to be very steady. Invesco Growth And holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Growth And, which you can use to evaluate the volatility of the entity. Please check out Invesco Growth's Market Risk Adjusted Performance of 0.1507, risk adjusted performance of 0.1413, and Downside Deviation of 0.4914 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The fund retains a Market Volatility (i.e., Beta) of 0.92, which attests to possible diversification benefits within a given portfolio. Invesco Growth returns are very sensitive to returns on the market. As the market goes up or down, Invesco Growth is expected to follow.
Auto-correlation | 0.74 |
Good predictability
Invesco Growth And has good predictability. Overlapping area represents the amount of predictability between Invesco Growth time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Invesco Growth And price movement. The serial correlation of 0.74 indicates that around 74.0% of current Invesco Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 1.06 |
Invesco Growth And lagged returns against current returns
Autocorrelation, which is Invesco Growth mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Invesco Growth's mutual fund expected returns. We can calculate the autocorrelation of Invesco Growth returns to help us make a trade decision. For example, suppose you find that Invesco Growth has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Invesco Growth regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Invesco Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Growth mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Growth mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Growth Lagged Returns
When evaluating Invesco Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Growth mutual fund have on its future price. Invesco Growth autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Invesco Growth autocorrelation shows the relationship between Invesco Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Growth And.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Invesco Mutual Fund
Invesco Growth financial ratios help investors to determine whether Invesco Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco Growth security.
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