Invesco Stock Fund Market Value
| ACSDX Fund | USD 30.09 0.24 0.80% |
| Symbol | Invesco |
Invesco Comstock '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 Comstock'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 Comstock.
| 02/03/2023 |
| 01/23/2025 |
If you would invest 0.00 in Invesco Comstock on February 3, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Stock Fund or generate 0.0% return on investment in Invesco Comstock over 720 days. Invesco Comstock is related to or competes with Global Gold, World Precious, Wells Fargo, Sprott Gold, Short Precious, Wells Fargo, and Deutsche Gold. The fund invests, under normal circumstances, at least 80 percent of its net assets in common stocks, and in derivatives... More
Invesco Comstock 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 Comstock'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 Stock Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 11.33 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.9804 |
Invesco Comstock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Comstock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Comstock's standard deviation. In reality, there are many statistical measures that can use Invesco Comstock historical prices to predict the future Invesco Comstock's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Comstock's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Invesco Comstock Backtested Returns
Invesco Comstock holds Efficiency (Sharpe) Ratio of -0.0432, which attests that the entity had a -0.0432 % return per unit of risk over the last 3 months. Invesco Comstock exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Comstock's Market Risk Adjusted Performance of (0.49), standard deviation of 1.23, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Comstock's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Comstock is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
Invesco Stock Fund has below average predictability. Overlapping area represents the amount of predictability between Invesco Comstock time series from 3rd of February 2023 to 29th of January 2024 and 29th of January 2024 to 23rd of January 2025. 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 Comstock price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Invesco Comstock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 1.92 |
Invesco Comstock lagged returns against current returns
Autocorrelation, which is Invesco Comstock 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 Comstock's mutual fund expected returns. We can calculate the autocorrelation of Invesco Comstock returns to help us make a trade decision. For example, suppose you find that Invesco Comstock 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 Comstock 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 Comstock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Comstock 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 Comstock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Comstock Lagged Returns
When evaluating Invesco Comstock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Comstock mutual fund have on its future price. Invesco Comstock 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 Comstock autocorrelation shows the relationship between Invesco Comstock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Stock Fund.
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 Comstock 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 Comstock security.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |