Invesco Esg Nasdaq Etf Probability of Future Etf Price Finishing Under 33.50
QQMG Etf | USD 34.66 0.01 0.03% |
Invesco |
Invesco ESG Target Price Odds to finish below 33.50
The tendency of Invesco Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to drop to $ 33.50 or more in 90 days |
34.66 | 90 days | 33.50 | about 53.21 |
Based on a normal probability distribution, the odds of Invesco ESG to drop to $ 33.50 or more in 90 days from now is about 53.21 (This Invesco ESG NASDAQ probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) . Probability of Invesco ESG NASDAQ price to stay between $ 33.50 and its current price of $34.66 at the end of the 90-day period is about 35.85 .
Given the investment horizon of 90 days Invesco ESG has a beta of 0.98 indicating Invesco ESG NASDAQ market returns are reactive to returns on the market. As the market goes up or down, Invesco ESG is expected to follow. Additionally Invesco ESG NASDAQ has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Invesco ESG Price Density |
Price |
Predictive Modules for Invesco ESG
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 ESG NASDAQ. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Invesco ESG Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Invesco ESG is not an exception. The market had few large corrections towards the Invesco ESG's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Invesco ESG NASDAQ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Invesco ESG within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | 0.98 | |
σ | Overall volatility | 1.00 | |
Ir | Information ratio | -0.03 |
Invesco ESG Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Invesco ESG for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Invesco ESG NASDAQ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Latest headline from thelincolnianonline.com: Invesco ESG NASDAQ 100 ETF Short Interest Down 26.5 percent in October | |
The fund maintains 99.99% of its assets in stocks |
Invesco ESG Technical Analysis
Invesco ESG's future price can be derived by breaking down and analyzing its technical indicators over time. Invesco Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Invesco ESG NASDAQ. In general, you should focus on analyzing Invesco Etf price patterns and their correlations with different microeconomic environments and drivers.
Invesco ESG Predictive Forecast Models
Invesco ESG's time-series forecasting models is one of many Invesco ESG's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Invesco ESG's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Invesco ESG NASDAQ
Checking the ongoing alerts about Invesco ESG for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Invesco ESG NASDAQ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Latest headline from thelincolnianonline.com: Invesco ESG NASDAQ 100 ETF Short Interest Down 26.5 percent in October | |
The fund maintains 99.99% of its assets in stocks |
Check out Invesco ESG Backtesting, Portfolio Optimization, Invesco ESG Correlation, Invesco ESG Hype Analysis, Invesco ESG Volatility, Invesco ESG History as well as Invesco ESG Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Invesco ESG NASDAQ 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is Invesco ESG'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 ESG's market value can be influenced by many factors that don't directly affect Invesco ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco ESG'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.