Invesco Morningstar (UK) Market Value
Invesco Morningstar's market value is the price at which a share of Invesco Morningstar trades on a public exchange. It measures the collective expectations of Invesco Morningstar Energy investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Invesco Morningstar Energy and determine expected loss or profit from investing in Invesco Morningstar over a given investment horizon. Check out Correlation 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 Morningstar '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 Morningstar'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 Morningstar.
| 02/03/2023 |
| 01/23/2025 |
If you would invest 0.00 in Invesco Morningstar on February 3, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Morningstar Energy or generate 0.0% return on investment in Invesco Morningstar over 720 days. Invesco Morningstar is related to or competes with Invesco MSCI, Invesco EURO, Invesco Markets, Invesco FTSE, Invesco FTSE, Invesco MSCI, and Invesco Municipal. More
Invesco Morningstar 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 Morningstar'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 Morningstar Energy upside and downside potential and time the market with a certain degree of confidence.
Invesco Morningstar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Morningstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Morningstar's standard deviation. In reality, there are many statistical measures that can use Invesco Morningstar historical prices to predict the future Invesco Morningstar's volatility.Invesco Morningstar Backtested Returns
Invesco Morningstar appears to be very steady, given 3 months investment horizon. Invesco Morningstar holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Morningstar, which you can use to evaluate the volatility of the entity. Please utilize Invesco Morningstar's Risk Adjusted Performance of 0.204, market risk adjusted performance of 1.05, and Downside Deviation of 0.9029 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Morningstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Morningstar is expected to be smaller as well.
Auto-correlation | 0.79 |
Good predictability
Invesco Morningstar Energy has good predictability. Overlapping area represents the amount of predictability between Invesco Morningstar time series from 3rd of February 2023 to 29th of January 2024 and 29th of January 2024 to 23rd 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 Morningstar price movement. The serial correlation of 0.79 indicates that around 79.0% of current Invesco Morningstar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 44.6 |
Invesco Morningstar lagged returns against current returns
Autocorrelation, which is Invesco Morningstar 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 Morningstar's etf expected returns. We can calculate the autocorrelation of Invesco Morningstar returns to help us make a trade decision. For example, suppose you find that Invesco Morningstar 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 Morningstar 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 Morningstar etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Morningstar etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Morningstar etf over time.
Current vs Lagged Prices |
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Invesco Morningstar Lagged Returns
When evaluating Invesco Morningstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Morningstar etf have on its future price. Invesco Morningstar 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 Morningstar autocorrelation shows the relationship between Invesco Morningstar etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Morningstar Energy.
Regressed Prices |
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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.Other Information on Investing in Invesco Etf
Invesco Morningstar financial ratios help investors to determine whether Invesco Etf 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 Morningstar security.