Invesco Vertible Securities Fund Market Value
| CNSIX Fund | USD 24.25 0.13 0.54% |
| Symbol | Invesco |
Invesco Vertible '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 Vertible'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 Vertible.
| 06/29/2024 |
| 12/26/2024 |
If you would invest 0.00 in Invesco Vertible on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Vertible Securities or generate 0.0% return on investment in Invesco Vertible over 180 days. Invesco Vertible is related to or competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, Invesco High, Oppenheimer Strategic, and Oppenheimer International. The fund invests, under normal circumstances, at least 80 percent of its net assets in convertible securities, and in de... More
Invesco Vertible 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 Vertible'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 Vertible Securities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6848 | |||
| Information Ratio | 4.0E-4 | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.8853 |
Invesco Vertible Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Vertible's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Vertible's standard deviation. In reality, there are many statistical measures that can use Invesco Vertible historical prices to predict the future Invesco Vertible's volatility.| Risk Adjusted Performance | 0.0551 | |||
| Jensen Alpha | 0.0145 | |||
| Total Risk Alpha | 0.008 | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | 0.0592 |
Invesco Vertible Sec Backtested Returns
At this stage we consider Invesco Mutual Fund to be very steady. Invesco Vertible Sec holds Efficiency (Sharpe) Ratio of 0.0568, which attests that the entity had a 0.0568% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Vertible Sec, which you can use to evaluate the volatility of the entity. Please check out Invesco Vertible's Risk Adjusted Performance of 0.0551, downside deviation of 0.6848, and Market Risk Adjusted Performance of 0.0692 to validate if the risk estimate we provide is consistent with the expected return of 0.0357%. The fund retains a Market Volatility (i.e., Beta) of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Vertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Vertible is expected to be smaller as well.
Auto-correlation | 0.44 |
Average predictability
Invesco Vertible Securities has average predictability. Overlapping area represents the amount of predictability between Invesco Vertible time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th 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 Vertible Sec price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Invesco Vertible price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Invesco Vertible Sec lagged returns against current returns
Autocorrelation, which is Invesco Vertible 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 Vertible's mutual fund expected returns. We can calculate the autocorrelation of Invesco Vertible returns to help us make a trade decision. For example, suppose you find that Invesco Vertible 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 Vertible 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 Vertible mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Vertible 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 Vertible mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Vertible Lagged Returns
When evaluating Invesco Vertible's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Vertible mutual fund have on its future price. Invesco Vertible 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 Vertible autocorrelation shows the relationship between Invesco Vertible mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Vertible Securities.
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 Vertible 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 Vertible security.
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