Invesco Global's market value is the price at which a share of Invesco Global trades on a public exchange. It measures the collective expectations of Invesco Global Buyback investors about its performance. Invesco Global is trading at 52.37 as of the 15th of January 2025. This is a 1.39 percent up since the beginning of the trading day. The etf's lowest day price was 52.37. With this module, you can estimate the performance of a buy and hold strategy of Invesco Global Buyback and determine expected loss or profit from investing in Invesco Global over a given investment horizon. Check out Invesco Global Correlation, Invesco Global Volatility and Invesco Global Alpha and Beta module to complement your research on Invesco Global.
Please note, there is a significant difference between Invesco Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Global'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.
Invesco Global '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 Global's etf 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 Global.
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11/16/2024
No Change 0.00
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In 2 months and 1 day
01/15/2025
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If you would invest 0.00 in Invesco Global on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Global Buyback or generate 0.0% return on investment in Invesco Global over 60 days. Invesco Global is related to or competes with UBS Fund, Xtrackers, Xtrackers Nikkei, IShares VII, SPDR Gold, Vanguard Funds, and IShares Nikkei. The investment objective of the Fund is to provide investors with investment results which, before expenses, correspond ... More
Invesco Global 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 Global's etf 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 Global Buyback upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Global's standard deviation. In reality, there are many statistical measures that can use Invesco Global historical prices to predict the future Invesco Global's volatility.
At this point, Invesco Global is very steady. Invesco Global Buyback holds Efficiency (Sharpe) Ratio of 0.0341, which attests that the entity had a 0.0341% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Global Buyback, which you can use to evaluate the volatility of the entity. Please check out Invesco Global's Risk Adjusted Performance of 0.015, market risk adjusted performance of (0.43), and Downside Deviation of 0.7122 to validate if the risk estimate we provide is consistent with the expected return of 0.0285%. The etf retains a Market Volatility (i.e., Beta) of -0.0114, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Global are expected to decrease at a much lower rate. During the bear market, Invesco Global is likely to outperform the market.
Auto-correlation
-0.28
Weak reverse predictability
Invesco Global Buyback has weak reverse predictability. Overlapping area represents the amount of predictability between Invesco Global time series from 16th of November 2024 to 16th of December 2024 and 16th of December 2024 to 15th 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 Global Buyback price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Invesco Global price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.28
Spearman Rank Test
0.38
Residual Average
0.0
Price Variance
0.22
Invesco Global Buyback lagged returns against current returns
Autocorrelation, which is Invesco Global etf'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 Global's etf expected returns. We can calculate the autocorrelation of Invesco Global returns to help us make a trade decision. For example, suppose you find that Invesco Global has exhibited high autocorrelation historically, and you observe that the etf 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 Global 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 Global etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Global etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Global etf over time.
Current vs Lagged Prices
Timeline
Invesco Global Lagged Returns
When evaluating Invesco Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Global etf have on its future price. Invesco Global 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 Global autocorrelation shows the relationship between Invesco Global etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Global Buyback.
Invesco Global financial ratios help investors to determine whether Invesco Etf 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 Global security.