Invesco Senior Fund Forecast - Polynomial Regression
| VVR Fund | USD 3.90 0.02 0.52% |
The Polynomial Regression forecasted value of Invesco Senior Income on the next trading day is expected to be 3.96 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.15. Invesco Fund Forecast is based on your current time horizon.
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Invesco Senior Polynomial Regression Price Forecast For the 27th of November
Given 90 days horizon, the Polynomial Regression forecasted value of Invesco Senior Income on the next trading day is expected to be 3.96 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.15.Please note that although there have been many attempts to predict Invesco Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Invesco Senior's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Invesco Senior Fund Forecast Pattern
| Backtest Invesco Senior | Invesco Senior Price Prediction | Buy or Sell Advice |
Invesco Senior Forecasted Value
In the context of forecasting Invesco Senior's Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Invesco Senior's downside and upside margins for the forecasting period are 3.13 and 4.79, respectively. We have considered Invesco Senior's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Invesco Senior fund data series using in forecasting. Note that when a statistical model is used to represent Invesco Senior fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 112.0174 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0352 |
| MAPE | Mean absolute percentage error | 0.0088 |
| SAE | Sum of the absolute errors | 2.1498 |
Predictive Modules for Invesco Senior
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco Senior Income. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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.
Other Forecasting Options for Invesco Senior
For every potential investor in Invesco, whether a beginner or expert, Invesco Senior's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Invesco Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Invesco. Basic forecasting techniques help filter out the noise by identifying Invesco Senior's price trends.View Invesco Senior Related Equities
| Risk & Return | Correlation |
Invesco Senior Income Technical and Predictive Analytics
The fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Invesco Senior's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Invesco Senior's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Invesco Senior Market Strength Events
Market strength indicators help investors to evaluate how Invesco Senior fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Senior shares will generate the highest return on investment. By undertsting and applying Invesco Senior fund market strength indicators, traders can identify Invesco Senior Income entry and exit signals to maximize returns.
Invesco Senior Risk Indicators
The analysis of Invesco Senior's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Invesco Senior's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting invesco fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.6692 | |||
| Standard Deviation | 0.8407 | |||
| Variance | 0.7067 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Invesco Senior
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 Senior 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 Senior will appreciate offsetting losses from the drop in the long position's value.Moving against Invesco Fund
| 0.89 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.85 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.84 | NMT | Nuveen Massachusetts | PairCorr |
| 0.84 | RIV | Rivernorth Opportunities | PairCorr |
| 0.78 | VTSMX | Vanguard Total Stock | PairCorr |
The ability to find closely correlated positions to Invesco Senior 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 Senior 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 Senior - 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 Senior Income to buy it.
The correlation of Invesco Senior 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 Senior moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Senior Income 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 Senior 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.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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