Invesco Sp International Fund Market Value

IICE-F Fund   24.07  0.00  0.00%   
Invesco SP's market value is the price at which a share of Invesco SP trades on a public exchange. It measures the collective expectations of Invesco SP International investors about its performance. Invesco SP is trading at 24.07 as of the 2nd of March 2025, a No Change since the beginning of the trading day. The fund's open price was 24.07.
With this module, you can estimate the performance of a buy and hold strategy of Invesco SP International and determine expected loss or profit from investing in Invesco SP over a given investment horizon. Check out Invesco SP Correlation, Invesco SP Volatility and Invesco SP Alpha and Beta module to complement your research on Invesco SP.
Symbol

Please note, there is a significant difference between Invesco SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SP'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 SP '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 SP's 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 SP.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 2 days
03/02/2025
0.00
If you would invest  0.00  in Invesco SP on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Invesco SP International or generate 0.0% return on investment in Invesco SP over 60 days. Invesco SP is entity of Canada. It is traded as Fund on TO exchange. More

Invesco SP 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 SP's 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 SP International upside and downside potential and time the market with a certain degree of confidence.

Invesco SP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco SP's standard deviation. In reality, there are many statistical measures that can use Invesco SP historical prices to predict the future Invesco SP's volatility.
Hype
Prediction
LowEstimatedHigh
24.0424.0724.10
Details
Intrinsic
Valuation
LowRealHigh
24.0524.0824.11
Details
Naive
Forecast
LowNextHigh
24.0424.0724.10
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.0724.0724.07
Details

Invesco SP International Backtested Returns

Invesco SP International holds Efficiency (Sharpe) Ratio of -0.0709, which attests that the entity had a -0.0709 % return per unit of risk over the last 3 months. Invesco SP International exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco SP's Risk Adjusted Performance of (0.31), market risk adjusted performance of 3.06, and Standard Deviation of 0.0276 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0039, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco SP are expected to decrease at a much lower rate. During the bear market, Invesco SP is likely to outperform the market.

Auto-correlation

    
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No correlation between past and present

Invesco SP International has no correlation between past and present. Overlapping area represents the amount of predictability between Invesco SP time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 SP International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Invesco SP price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-0.26
Residual Average0.0
Price Variance0.0

Invesco SP International lagged returns against current returns

Autocorrelation, which is Invesco SP 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 SP's fund expected returns. We can calculate the autocorrelation of Invesco SP returns to help us make a trade decision. For example, suppose you find that Invesco SP has exhibited high autocorrelation historically, and you observe that the 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 SP 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 SP fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco SP fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco SP fund over time.
   Current vs Lagged Prices   
       Timeline  

Invesco SP Lagged Returns

When evaluating Invesco SP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco SP fund have on its future price. Invesco SP 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 SP autocorrelation shows the relationship between Invesco SP fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco SP International.
   Regressed Prices   
       Timeline  

Pair Trading with Invesco SP

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco SP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco SP will appreciate offsetting losses from the drop in the long position's value.

Moving against Invesco Fund

  0.460P0000IUYO Edgepoint Global PorPairCorr
  0.450P0001FAU8 TD Comfort BalancedPairCorr
  0.450P000070CY CDSPI Canadian EquityPairCorr
The ability to find closely correlated positions to Invesco SP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco SP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco SP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco SP International to buy it.
The correlation of Invesco SP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco SP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco SP International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco SP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Invesco Fund

Invesco SP financial ratios help investors to determine whether Invesco 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 SP security.
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