Invesco Senior Income Fund Market Value
| VVR Fund | USD 4.13 0.01 0.24% |
| Symbol | Invesco |
Invesco Senior '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 Senior's 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 Senior.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Invesco Senior on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Invesco Senior Income or generate 0.0% return on investment in Invesco Senior over 30 days. Invesco Senior is related to or competes with Nuveen Floating, Blackrock Muni, Eaton Vance, BlackRock Floating, Nuveen Mortgage, Pioneer Floating, and Blackrock Floating. Invesco Senior Income Trust is a closed ended fixed income mutual fund launched by Invesco Ltd More
Invesco Senior 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 Senior's 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 Senior Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9921 | |||
| Information Ratio | 0.1832 | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.06 |
Invesco Senior Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Senior's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Senior's standard deviation. In reality, there are many statistical measures that can use Invesco Senior historical prices to predict the future Invesco Senior's volatility.| Risk Adjusted Performance | 0.1382 | |||
| Jensen Alpha | 0.1286 | |||
| Total Risk Alpha | 0.1329 | |||
| Sortino Ratio | 0.134 | |||
| Treynor Ratio | 0.4014 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Senior's 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 Senior Income Backtested Returns
Currently, Invesco Senior Income is not too volatile. Invesco Senior Income 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. We have found twenty-nine technical indicators for Invesco Senior Income, which you can use to evaluate the volatility of the entity. Please check out Invesco Senior's Market Risk Adjusted Performance of 0.4114, downside deviation of 0.9921, and Risk Adjusted Performance of 0.1382 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The fund retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Senior's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Senior is expected to be smaller as well.
Auto-correlation | 0.26 |
Poor predictability
Invesco Senior Income has poor predictability. Overlapping area represents the amount of predictability between Invesco Senior time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Senior Income price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Invesco Senior price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Senior Income lagged returns against current returns
Autocorrelation, which is Invesco Senior 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 Senior's fund expected returns. We can calculate the autocorrelation of Invesco Senior returns to help us make a trade decision. For example, suppose you find that Invesco Senior has exhibited high autocorrelation historically, and you observe that the 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 Senior 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 Senior fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Senior fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Senior fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Senior Lagged Returns
When evaluating Invesco Senior's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Senior fund have on its future price. Invesco Senior 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 Senior autocorrelation shows the relationship between Invesco Senior fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Senior Income.
Regressed Prices |
| Timeline |
Other Information on Investing in Invesco Fund
Invesco Senior financial ratios help investors to determine whether Invesco 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 Senior security.
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