Invesco Equal Weight Etf Market Value
| GOVI Etf | 27.65 0.12 0.43% |
| Symbol | Invesco |
The market value of Invesco Equal Weight 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 Equal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Equal'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 Equal's market value can be influenced by many factors that don't directly affect Invesco Equal'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 Equal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Equal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Equal'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 Equal '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 Equal'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 Equal.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Invesco Equal on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Equal Weight or generate 0.0% return on investment in Invesco Equal over 90 days. Invesco Equal is related to or competes with Texas Capital, US Treasury, Tidal Trust, Franklin Liberty, and SPDR Bloomberg. Invesco Equal is entity of United States More
Invesco Equal 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 Equal'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 Equal Weight upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1555 | |||
| Maximum Drawdown | 2.13 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 0.9941 |
Invesco Equal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Equal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Equal's standard deviation. In reality, there are many statistical measures that can use Invesco Equal historical prices to predict the future Invesco Equal's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0358 | |||
| Treynor Ratio | (0.74) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Equal'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 Equal Weight Backtested Returns
Invesco Equal is very steady at the moment. Invesco Equal Weight 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. We have found twenty-four technical indicators for Invesco Equal Weight, which you can use to evaluate the volatility of the entity. Please check out Invesco Equal's Market Risk Adjusted Performance of (0.73), standard deviation of 0.516, and Risk Adjusted Performance of (0.04) to validate if the risk estimate we provide is consistent with the expected return of 0.0222%. The etf retains a Market Volatility (i.e., Beta) of 0.0392, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Equal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Equal is expected to be smaller as well.
Auto-correlation | -0.24 |
Weak reverse predictability
Invesco Equal Weight has weak reverse predictability. Overlapping area represents the amount of predictability between Invesco Equal time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Equal Weight price movement. The serial correlation of -0.24 indicates that over 24.0% of current Invesco Equal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Invesco Equal Weight lagged returns against current returns
Autocorrelation, which is Invesco Equal 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 Equal's etf expected returns. We can calculate the autocorrelation of Invesco Equal returns to help us make a trade decision. For example, suppose you find that Invesco Equal 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 |
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Invesco Equal 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 Equal etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Equal etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Equal etf over time.
Current vs Lagged Prices |
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Invesco Equal Lagged Returns
When evaluating Invesco Equal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Equal etf have on its future price. Invesco Equal 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 Equal autocorrelation shows the relationship between Invesco Equal etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Equal Weight.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Invesco Equal Weight offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Equal'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 Equal Weight Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Equal Weight Etf:Check out Invesco Equal Correlation, Invesco Equal Volatility and Invesco Equal Alpha and Beta module to complement your research on Invesco Equal. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Invesco Equal 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.