Invesco China Competition
| CQQQ Etf | USD 55.80 1.15 2.02% |
Invesco China vs Global X Correlation
Poor diversification
The correlation between Invesco China Technology and COPX is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Invesco China Technology and COPX in the same portfolio, assuming nothing else is changed.
Moving together with Invesco Etf
| 0.67 | KWEB | KraneShares CSI China | PairCorr |
| 0.78 | FXI | iShares China Large | PairCorr |
| 0.87 | EWT | iShares MSCI Taiwan | PairCorr |
| 0.86 | ASHR | Xtrackers Harvest CSI | PairCorr |
| 0.94 | GXC | SPDR SP China | PairCorr |
Moving against Invesco Etf
Invesco China Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco China and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Invesco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Invesco China Technology does not affect the price movement of the other competitor.
Invesco China Constituents Risk-Adjusted Indicators
There is a big difference between Invesco Etf performing well and Invesco China ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Invesco China's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPGP | 0.73 | (0.04) | (0.04) | 0.00 | 0.85 | 1.56 | 3.97 | |||
| IYY | 0.54 | (0.02) | (0.04) | 0.01 | 0.79 | 1.06 | 3.52 | |||
| PRFZ | 0.85 | 0.00 | 0.00 | 0.03 | 0.98 | 1.80 | 4.59 | |||
| AOA | 0.42 | 0.01 | 0.00 | 0.06 | 0.56 | 0.95 | 2.70 | |||
| IVLU | 0.61 | 0.17 | 0.21 | 0.25 | 0.47 | 1.31 | 3.34 | |||
| INTF | 0.59 | 0.10 | 0.12 | 0.18 | 0.59 | 1.17 | 2.82 | |||
| USCL | 0.56 | (0.05) | 0.00 | (0.03) | 0.00 | 1.04 | 3.84 | |||
| KOMP | 1.20 | (0.09) | 0.00 | (0.03) | 0.00 | 2.02 | 5.34 | |||
| AOR | 0.34 | 0.01 | (0.02) | 0.05 | 0.43 | 0.68 | 2.09 | |||
| COPX | 1.89 | 0.50 | 0.19 | 0.37 | 2.57 | 3.29 | 7.96 |
Invesco China Competitive Analysis
The better you understand Invesco China competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco China's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Invesco China's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Invesco China Competition Performance Charts
Five steps to successful analysis of Invesco China Competition
Invesco China's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Invesco China Technology in relation to its competition. Invesco China's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Invesco China in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Invesco China's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Invesco China Technology, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Invesco China position
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Check out Invesco China Correlation with its peers. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Invesco China Technology's market price often diverges from its book value, the accounting figure shown on Invesco's balance sheet. Smart investors calculate Invesco China's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Invesco China's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Invesco China's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Invesco China should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Invesco China'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.