Invesco Select Risk Fund Market Value

PXCIX Fund  USD 9.03  0.02  0.22%   
Invesco Select's market value is the price at which a share of Invesco Select trades on a public exchange. It measures the collective expectations of Invesco Select Risk investors about its performance. Invesco Select is trading at 9.03 as of the 11th of December 2024; that is 0.22% down since the beginning of the trading day. The fund's open price was 9.05.
With this module, you can estimate the performance of a buy and hold strategy of Invesco Select Risk and determine expected loss or profit from investing in Invesco Select over a given investment horizon. Check out Invesco Select Correlation, Invesco Select Volatility and Invesco Select Alpha and Beta module to complement your research on Invesco Select.
Symbol

Please note, there is a significant difference between Invesco Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Select'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 Select '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 Select's mutual 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 Select.
0.00
07/20/2023
No Change 0.00  0.0 
In 1 year 4 months and 25 days
12/11/2024
0.00
If you would invest  0.00  in Invesco Select on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Select Risk or generate 0.0% return on investment in Invesco Select over 510 days. Invesco Select is related to or competes with Vanguard Wellesley, Vanguard Wellesley, Blackrock Multi, Hartford Balanced, Hartford Balanced, Hartford Balanced, and Hartford Balanced. The fund is a fund of funds, and invests its assets in other underlying mutual funds advised by the adviser and exchange... More

Invesco Select 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 Select's mutual 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 Select Risk upside and downside potential and time the market with a certain degree of confidence.

Invesco Select Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Select's standard deviation. In reality, there are many statistical measures that can use Invesco Select historical prices to predict the future Invesco Select's volatility.
Hype
Prediction
LowEstimatedHigh
8.759.039.31
Details
Intrinsic
Valuation
LowRealHigh
8.739.019.29
Details
Naive
Forecast
LowNextHigh
8.789.069.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.828.959.07
Details

Invesco Select Risk Backtested Returns

At this stage we consider Invesco Mutual Fund to be very steady. Invesco Select Risk holds Efficiency (Sharpe) Ratio of 0.0203, which attests that the entity had a 0.0203% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Select Risk, which you can use to evaluate the volatility of the entity. Please check out Invesco Select's Risk Adjusted Performance of 0.0112, market risk adjusted performance of 0.0132, and Downside Deviation of 0.292 to validate if the risk estimate we provide is consistent with the expected return of 0.0057%. The fund retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Select is expected to be smaller as well.

Auto-correlation

    
  0.72  

Good predictability

Invesco Select Risk has good predictability. Overlapping area represents the amount of predictability between Invesco Select time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 Select Risk price movement. The serial correlation of 0.72 indicates that around 72.0% of current Invesco Select price fluctuation can be explain by its past prices.
Correlation Coefficient0.72
Spearman Rank Test0.69
Residual Average0.0
Price Variance0.04

Invesco Select Risk lagged returns against current returns

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

Invesco Select Lagged Returns

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

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Other Information on Investing in Invesco Mutual Fund

Invesco Select financial ratios help investors to determine whether Invesco Mutual 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 Select security.
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