Invesco Pan (Germany) Market Value
| IUGA Fund | EUR 25.33 0.32 1.25% |
| Symbol | Invesco |
Please note, there is a significant difference between Invesco Pan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Pan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Pan'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 Pan '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 Pan'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 Pan.
| 01/12/2023 |
| 01/01/2025 |
If you would invest 0.00 in Invesco Pan on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Pan European or generate 0.0% return on investment in Invesco Pan over 720 days. Invesco Pan is related to or competes with Esfera Robotics, R Co, IE00B0H4TS55, and Echiquier Entrepreneurs. More
Invesco Pan 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 Pan'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 Pan European upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.81 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.02 |
Invesco Pan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Pan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Pan's standard deviation. In reality, there are many statistical measures that can use Invesco Pan historical prices to predict the future Invesco Pan's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.8253 |
Invesco Pan European Backtested Returns
Invesco Pan European holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Invesco Pan European exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Pan's Market Risk Adjusted Performance of 0.8353, standard deviation of 0.7638, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Pan are expected to decrease at a much lower rate. During the bear market, Invesco Pan is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Invesco Pan European has no correlation between past and present. Overlapping area represents the amount of predictability between Invesco Pan time series from 12th of January 2023 to 7th of January 2024 and 7th of January 2024 to 1st of January 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 Pan European price movement. The serial correlation of 0.0 indicates that just 0.0% of current Invesco Pan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Pan European lagged returns against current returns
Autocorrelation, which is Invesco Pan 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 Pan's fund expected returns. We can calculate the autocorrelation of Invesco Pan returns to help us make a trade decision. For example, suppose you find that Invesco Pan 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 Pan 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 Pan fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Pan fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Pan fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Pan Lagged Returns
When evaluating Invesco Pan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Pan fund have on its future price. Invesco Pan 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 Pan autocorrelation shows the relationship between Invesco Pan fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Pan European.
Regressed Prices |
| Timeline |
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Other Information on Investing in Invesco Fund
Invesco Pan 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 Pan security.
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