Invesco Short Term Etf Market Value
| TBLL Etf | 105.71 0.01 0.01% |
| Symbol | Invesco |
The market value of Invesco Short Term is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Short's value that differs from its market value or its book value, called intrinsic value, which is Invesco Short's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Short's market value can be influenced by many factors that don't directly affect Invesco Short's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Short'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 Short '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 Short'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 Short.
| 06/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in Invesco Short on June 20, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Short Term or generate 0.0% return on investment in Invesco Short over 540 days. Invesco Short is related to or competes with US Treasury, Tidal Trust, Franklin Liberty, SPDR Bloomberg, US Treasury, Vanguard Extended, and Bondbloxx ETF. Invesco Short is entity of United States More
Invesco Short 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 Short'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 Short Term upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.54) | |||
| Maximum Drawdown | 0.7686 | |||
| Value At Risk | (0.01) | |||
| Potential Upside | 0.0478 |
Invesco Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Short's standard deviation. In reality, there are many statistical measures that can use Invesco Short historical prices to predict the future Invesco Short's volatility.| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | 0.0076 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 2.63 |
Invesco Short Term Backtested Returns
As of now, Invesco Etf is very steady. Invesco Short Term holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Invesco Short Term, which you can use to evaluate the volatility of the entity. Please check out Invesco Short's Market Risk Adjusted Performance of 2.64, standard deviation of 0.0693, and Risk Adjusted Performance of 0.0924 to validate if the risk estimate we provide is consistent with the expected return of 0.0183%. The etf retains a Market Volatility (i.e., Beta) of 0.003, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Short's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Short is expected to be smaller as well.
Auto-correlation | 1.00 |
Perfect predictability
Invesco Short Term has perfect predictability. Overlapping area represents the amount of predictability between Invesco Short time series from 20th of June 2023 to 16th of March 2024 and 16th 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 Short Term price movement. The serial correlation of 1.0 indicates that 100.0% of current Invesco Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 1.46 |
Invesco Short Term lagged returns against current returns
Autocorrelation, which is Invesco Short 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 Short's etf expected returns. We can calculate the autocorrelation of Invesco Short returns to help us make a trade decision. For example, suppose you find that Invesco Short 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 |
| Timeline |
Invesco Short 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 Short etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Short etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Short etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco Short Lagged Returns
When evaluating Invesco Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Short etf have on its future price. Invesco Short 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 Short autocorrelation shows the relationship between Invesco Short etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Short Term.
Regressed Prices |
| Timeline |
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Invesco Short technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.