Invesco Variable Rate Etf Market Value
VRP Etf | USD 24.25 0.04 0.17% |
Symbol | Invesco |
The market value of Invesco Variable Rate 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 Variable's value that differs from its market value or its book value, called intrinsic value, which is Invesco Variable'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 Variable's market value can be influenced by many factors that don't directly affect Invesco Variable'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 Variable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Variable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Variable'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 Variable '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 Variable'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 Variable.
12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Invesco Variable on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Variable Rate or generate 0.0% return on investment in Invesco Variable over 90 days. Invesco Variable is related to or competes with VanEck Preferred, First Trust, SPDR ICE, Global X, and Invesco Preferred. The fund will invest at least 90 percent of its total assets in the components of the index, as well as ADRs that repres... More
Invesco Variable 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 Variable'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 Variable Rate upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.3231 | |||
Information Ratio | 0.3903 | |||
Maximum Drawdown | 1.62 | |||
Value At Risk | (0.45) | |||
Potential Upside | 0.335 |
Invesco Variable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Variable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Variable's standard deviation. In reality, there are many statistical measures that can use Invesco Variable historical prices to predict the future Invesco Variable's volatility.Risk Adjusted Performance | 0.0053 | |||
Jensen Alpha | 0.0102 | |||
Total Risk Alpha | 0.033 | |||
Sortino Ratio | 0.3329 | |||
Treynor Ratio | (0.01) |
Invesco Variable Rate Backtested Returns
Currently, Invesco Variable Rate is very steady. Invesco Variable Rate holds Efficiency (Sharpe) Ratio of 0.0281, which attests that the entity had a 0.0281 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Invesco Variable Rate, which you can use to evaluate the volatility of the entity. Please check out Invesco Variable's insignificant Market Risk Adjusted Performance, risk adjusted performance of 0.0053, and Downside Deviation of 0.3231 to validate if the risk estimate we provide is consistent with the expected return of 0.0078%. The etf retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Variable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Variable is expected to be smaller as well.
Auto-correlation | -0.1 |
Very weak reverse predictability
Invesco Variable Rate has very weak reverse predictability. Overlapping area represents the amount of predictability between Invesco Variable 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 Variable Rate price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Invesco Variable price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.1 | |
Spearman Rank Test | 0.18 | |
Residual Average | 0.0 | |
Price Variance | 0.01 |
Invesco Variable Rate lagged returns against current returns
Autocorrelation, which is Invesco Variable 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 Variable's etf expected returns. We can calculate the autocorrelation of Invesco Variable returns to help us make a trade decision. For example, suppose you find that Invesco Variable 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 Variable 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 Variable etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Variable etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Variable etf over time.
Current vs Lagged Prices |
Timeline |
Invesco Variable Lagged Returns
When evaluating Invesco Variable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Variable etf have on its future price. Invesco Variable 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 Variable autocorrelation shows the relationship between Invesco Variable etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Variable Rate.
Regressed Prices |
Timeline |
Pair Trading with Invesco Variable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Variable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Variable will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Etf
Moving against Invesco Etf
The ability to find closely correlated positions to Invesco Variable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Variable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Variable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Variable Rate to buy it.
The correlation of Invesco Variable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Variable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Variable Rate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Variable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Invesco Variable Correlation, Invesco Variable Volatility and Invesco Variable Alpha and Beta module to complement your research on Invesco Variable. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Invesco Variable 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.