Invesco Dow Jones Etf Price on October 1, 2024
| DJD Etf | USD 54.06 0.05 0.09% |
If you're considering investing in Invesco Etf, it is important to understand the factors that can impact its price. As of today, the current price of Invesco Dow stands at 54.06, as last reported on the 28th of November, with the highest price reaching 54.38 and the lowest price hitting 54.06 during the day. At this point, Invesco Dow is very steady. Invesco Dow Jones holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Dow Jones, which you can use to evaluate the volatility of the entity. Please check out Invesco Dow's Downside Deviation of 0.5862, market risk adjusted performance of 0.1145, and Risk Adjusted Performance of 0.0989 to validate if the risk estimate we provide is consistent with the expected return of 0.0863%.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Invesco |
Sharpe Ratio = 0.1313
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Invesco Dow is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco Dow by adding it to a well-diversified portfolio.
Invesco Dow Valuation on October 1, 2024
It is possible to determine the worth of Invesco Dow on a given historical date. On October 1, 2024 Invesco was worth 52.38 at the beginning of the trading date compared to the closed value of 52.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Dow etf. Still, in general, we apply an absolute valuation method to find Invesco Dow's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco Dow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Dow's related companies.
| Open | High | Low | Close | Volume | |
| 52.39 | 52.59 | 52.00 | 52.59 | 9,949 | |
10/01/2024 | 52.38 | 52.48 | 52.23 | 52.39 | 30,302 |
| 52.25 | 52.35 | 52.12 | 52.26 | 24,117 |
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Invesco Dow Trading Date Momentum on October 1, 2024
| On October 02 2024 Invesco Dow Jones was traded for 52.26 at the closing time. Highest Invesco Dow's price during the trading hours was 52.35 and the lowest price during the day was 52.12 . The net volume was 24.1 K. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.25% . The trading delta at closing time to current price is 0.04% . |
Invesco Dow Jones Fundamentals Correlations and Trends
By evaluating Invesco Dow's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Invesco Dow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Invesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Invesco Dow Etf history
Invesco Dow investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco Dow Jones will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco Dow stock prices may prove useful in developing a viable investing in Invesco Dow
Invesco Dow Etf Technical Analysis
Invesco Dow technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Invesco Dow Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
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Invesco Dow November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Dow etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Dow shares will generate the highest return on investment. By undertsting and applying Invesco Dow etf market strength indicators, traders can identify Invesco Dow Jones entry and exit signals to maximize returns
Invesco Dow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Dow's price direction in advance. Along with the technical and fundamental analysis of Invesco Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0989 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1045 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco Dow Jones. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Invesco Dow Jones 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 Dow's value that differs from its market value or its book value, called intrinsic value, which is Invesco Dow'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 Dow's market value can be influenced by many factors that don't directly affect Invesco Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Dow'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.