Invesco MSCI's market value is the price at which a share of Invesco MSCI trades on a public exchange. It measures the collective expectations of Invesco MSCI Europe investors about its performance. Invesco MSCI is trading at 55.65 as of the 27th of December 2024, a 0.23 percent increase since the beginning of the trading day. The etf's lowest day price was 55.52. With this module, you can estimate the performance of a buy and hold strategy of Invesco MSCI Europe and determine expected loss or profit from investing in Invesco MSCI over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Invesco
Invesco MSCI '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 MSCI'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 MSCI.
0.00
01/07/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/27/2024
0.00
If you would invest 0.00 in Invesco MSCI on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco MSCI Europe or generate 0.0% return on investment in Invesco MSCI over 720 days.
Invesco MSCI 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 MSCI'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 MSCI Europe 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 MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco MSCI's standard deviation. In reality, there are many statistical measures that can use Invesco MSCI historical prices to predict the future Invesco MSCI's volatility.
Invesco MSCI Europe holds Efficiency (Sharpe) Ratio of -0.0799, which attests that the entity had a -0.0799% return per unit of risk over the last 3 months. Invesco MSCI Europe exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco MSCI's Market Risk Adjusted Performance of (0.37), standard deviation of 0.7416, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.0985, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco MSCI is expected to be smaller as well.
Auto-correlation
0.22
Weak predictability
Invesco MSCI Europe has weak predictability. Overlapping area represents the amount of predictability between Invesco MSCI time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 MSCI Europe price movement. The serial correlation of 0.22 indicates that over 22.0% of current Invesco MSCI price fluctuation can be explain by its past prices.
Correlation Coefficient
0.22
Spearman Rank Test
0.12
Residual Average
0.0
Price Variance
4.0
Invesco MSCI Europe lagged returns against current returns
Autocorrelation, which is Invesco MSCI 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 MSCI's etf expected returns. We can calculate the autocorrelation of Invesco MSCI returns to help us make a trade decision. For example, suppose you find that Invesco MSCI 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 MSCI 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 MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco MSCI etf over time.
Current vs Lagged Prices
Timeline
Invesco MSCI Lagged Returns
When evaluating Invesco MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco MSCI etf have on its future price. Invesco MSCI 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 MSCI autocorrelation shows the relationship between Invesco MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco MSCI Europe.
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.