Invesco CEF Competition
| PCEF Etf | USD 20.11 0.01 0.05% |
Invesco CEF vs Vanguard Russell Correlation
Very poor diversification
The correlation between Invesco CEF Income and VTWV is 0.89 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Invesco CEF Income and VTWV in the same portfolio, assuming nothing else is changed.
Moving together with Invesco Etf
| 0.93 | AOR | iShares Core Growth | PairCorr |
| 0.85 | RLY | SPDR SSgA Multi | PairCorr |
| 0.97 | GAL | SPDR SSgA Global | PairCorr |
| 0.86 | RAAX | VanEck Inflation All | PairCorr |
| 0.85 | GAA | Cambria Global Asset | PairCorr |
Moving against Invesco Etf
| 0.64 | SWIN | Alps Symbol Change | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco CEF'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 CEF Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco CEF 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 CEF Income does not affect the price movement of the other competitor.
Invesco CEF Constituents Risk-Adjusted Indicators
There is a big difference between Invesco Etf performing well and Invesco CEF 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 CEF'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| XLSR | 0.54 | (0.02) | (0.04) | 0.02 | 0.75 | 1.12 | 4.16 | |||
| REMX | 2.04 | 0.34 | 0.11 | 0.39 | 2.65 | 4.25 | 14.47 | |||
| CGMM | 0.79 | 0.06 | 0.02 | 0.32 | 0.86 | 1.81 | 3.67 | |||
| UYG | 1.35 | (0.05) | 0.00 | 0.02 | 1.92 | 2.44 | 8.45 | |||
| BUYW | 0.24 | 0.02 | (0.08) | 0.48 | 0.20 | 0.50 | 1.35 | |||
| VIOG | 0.80 | 0.03 | (0.01) | 0.17 | 0.97 | 1.77 | 4.87 | |||
| OUSA | 0.44 | 0.04 | 0.00 | 0.65 | 0.44 | 0.95 | 3.32 | |||
| FLGB | 0.59 | 0.11 | 0.15 | 0.23 | 0.42 | 1.42 | 2.68 | |||
| FAPR | 0.12 | 0.02 | (0.10) | 0.15 | 0.00 | 0.35 | 0.93 | |||
| VTWV | 0.83 | 0.08 | 0.09 | 0.12 | 0.81 | 1.98 | 4.66 |
Invesco CEF Competitive Analysis
The better you understand Invesco CEF competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco CEF'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 CEF'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 CEF Competition Performance Charts
Five steps to successful analysis of Invesco CEF Competition
Invesco CEF'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 CEF Income in relation to its competition. Invesco CEF's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Invesco CEF 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 CEF's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Invesco CEF Income, 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.
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Check out Invesco CEF Correlation with its peers. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Investors evaluate Invesco CEF Income using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Invesco CEF's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Invesco CEF's market price to deviate significantly from intrinsic value.
It's important to distinguish between Invesco CEF's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Invesco CEF should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Invesco CEF's market price signifies the transaction level at which participants voluntarily complete trades.