Invesco Actively Managed Etf Market Value
| EFAA Etf | 48.23 0.49 1.03% |
| Symbol | Invesco |
The market value of Invesco Actively Managed 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 Actively's value that differs from its market value or its book value, called intrinsic value, which is Invesco Actively'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 Actively's market value can be influenced by many factors that don't directly affect Invesco Actively'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 Actively's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Actively is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Actively'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 Actively '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 Actively'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 Actively.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Invesco Actively on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Actively Managed or generate 0.0% return on investment in Invesco Actively over 180 days. Invesco Actively is related to or competes with Global X, Amplify CWP, and JPMorgan Equity. Invesco Actively is entity of United States More
Invesco Actively 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 Actively'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 Actively Managed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 3.0 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.03 |
Invesco Actively Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Actively's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Actively's standard deviation. In reality, there are many statistical measures that can use Invesco Actively historical prices to predict the future Invesco Actively's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.11) |
Invesco Actively Managed Backtested Returns
Invesco Actively Managed holds Efficiency (Sharpe) Ratio of -0.0317, which attests that the entity had a -0.0317% return per unit of risk over the last 3 months. Invesco Actively Managed exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Actively's Market Risk Adjusted Performance of (0.10), risk adjusted performance of (0.04), and Standard Deviation of 0.651 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Actively's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Actively is expected to be smaller as well.
Auto-correlation | -0.27 |
Weak reverse predictability
Invesco Actively Managed has weak reverse predictability. Overlapping area represents the amount of predictability between Invesco Actively time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Actively Managed price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Invesco Actively price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Invesco Actively Managed lagged returns against current returns
Autocorrelation, which is Invesco Actively 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 Actively's etf expected returns. We can calculate the autocorrelation of Invesco Actively returns to help us make a trade decision. For example, suppose you find that Invesco Actively 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 Actively 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 Actively etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Actively etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Actively etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco Actively Lagged Returns
When evaluating Invesco Actively's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Actively etf have on its future price. Invesco Actively 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 Actively autocorrelation shows the relationship between Invesco Actively etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Actively Managed.
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.When determining whether Invesco Actively Managed offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Actively's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Actively Managed Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Actively Managed Etf:Check out Invesco Actively Correlation, Invesco Actively Volatility and Invesco Actively Alpha and Beta module to complement your research on Invesco Actively. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Invesco Actively 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.