Invesco Select Risk Fund Market Value
| PXGGX Fund | USD 13.72 0.25 1.79% |
| Symbol | Invesco |
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.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Invesco Select on December 16, 2024 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 90 days. Invesco Select is related to or competes with Short Duration, T Rowe, Inflation Linked, Ab Bond, and Aqr Managed. 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.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.47 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 0.979 |
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.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.8484 |
Invesco Select Risk Backtested Returns
Invesco Select Risk holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16 % return per unit of risk over the last 3 months. Invesco Select Risk exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Select's Risk Adjusted Performance of (0.15), market risk adjusted performance of 0.8584, and Standard Deviation of 0.9286 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Select are expected to decrease at a much lower rate. During the bear market, Invesco Select is likely to outperform the market.
Auto-correlation | -0.38 |
Poor reverse predictability
Invesco Select Risk has poor reverse predictability. Overlapping area represents the amount of predictability between Invesco Select time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Select Risk price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Invesco Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
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 |
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 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.
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |