Invesco Us (Germany) Market Value
| TRDS Etf | EUR 34.32 0.09 0.26% |
| Symbol | Invesco |
Please note, there is a significant difference between Invesco Us' value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Us is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Us' 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 Us '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 Us' 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 Us.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Invesco Us on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Us Treasury or generate 0.0% return on investment in Invesco Us over 30 days. Invesco Us is related to or competes with UBS Fund, Xtrackers, Xtrackers Nikkei, IShares VII, SPDR Gold, Vanguard Funds, and IShares Nikkei. More
Invesco Us 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 Us' 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 Us Treasury upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4013 | |||
| Information Ratio | 0.0084 | |||
| Maximum Drawdown | 2.92 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.6222 |
Invesco Us Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Us' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Us' standard deviation. In reality, there are many statistical measures that can use Invesco Us historical prices to predict the future Invesco Us' volatility.| Risk Adjusted Performance | 0.059 | |||
| Jensen Alpha | 0.0238 | |||
| Total Risk Alpha | 0.0141 | |||
| Sortino Ratio | 0.0087 | |||
| Treynor Ratio | 0.2983 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Us' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Invesco Us Treasury Backtested Returns
At this point, Invesco Us is very steady. Invesco Us Treasury holds Efficiency (Sharpe) Ratio of 0.0815, which attests that the entity had a 0.0815% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Us Treasury, which you can use to evaluate the volatility of the entity. Please check out Invesco Us' Risk Adjusted Performance of 0.059, market risk adjusted performance of 0.3083, and Downside Deviation of 0.4013 to validate if the risk estimate we provide is consistent with the expected return of 0.0335%. The etf retains a Market Volatility (i.e., Beta) of 0.0861, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Us' returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Us is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
Invesco Us Treasury has modest reverse predictability. Overlapping area represents the amount of predictability between Invesco Us time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Us Treasury price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Invesco Us price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Invesco Us Treasury lagged returns against current returns
Autocorrelation, which is Invesco Us 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 Us' etf expected returns. We can calculate the autocorrelation of Invesco Us returns to help us make a trade decision. For example, suppose you find that Invesco Us 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 Us 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 Us etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Us etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Us etf over time.
Current vs Lagged Prices |
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Invesco Us Lagged Returns
When evaluating Invesco Us' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Us etf have on its future price. Invesco Us 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 Us autocorrelation shows the relationship between Invesco Us etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Us Treasury.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Invesco Etf
Invesco Us 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 Us security.