Invesco Electric Vehicle Etf Price on October 11, 2024
EVMT Etf | USD 15.46 0.01 0.06% |
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 Electric stands at 15.46, as last reported on the 28th of November, with the highest price reaching 15.46 and the lowest price hitting 15.46 during the day. Invesco Electric Vehicle holds Efficiency (Sharpe) Ratio of -0.0244, which attests that the entity had a -0.0244% return per unit of risk over the last 3 months. Invesco Electric Vehicle exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Electric's Market Risk Adjusted Performance of (0.68), standard deviation of 1.24, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Invesco |
Sharpe Ratio = -0.0244
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Estimated Market Risk
1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco Electric is not performing at its full potential. However, 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 Electric by adding Invesco Electric to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Invesco Electric Valuation on October 11, 2024
It is possible to determine the worth of Invesco Electric on a given historical date. On October 11, 2024 Invesco was worth 16.6 at the beginning of the trading date compared to the closed value of 16.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Electric etf. Still, in general, we apply an absolute valuation method to find Invesco Electric'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 Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Electric's related companies.
Open | High | Low | Close | Volume | |
16.37 | 16.37 | 16.37 | 16.37 | 901.00 | |
10/11/2024 | 16.60 | 16.67 | 16.57 | 16.67 | 465.00 |
16.11 | 16.45 | 15.71 | 16.40 | 4,874 |
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Invesco Electric Trading Date Momentum on October 11, 2024
On October 14 2024 Invesco Electric Vehicle was traded for 16.40 at the closing time. The top price for the day was 16.45 and the lowest listed price was 15.71 . The trading volume for the day was 4.9 K. The trading history from October 14, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.62% . The trading delta at closing time against the current closing price is 4.56% . |
About Invesco Electric Etf history
Invesco Electric 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 Electric Vehicle 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 Electric stock prices may prove useful in developing a viable investing in Invesco Electric
The fund is an actively managed ETF that seeks to invest in a combination of financial instruments that are economically linked to the tradeable metals widely used in the production of an electric vehicle . Invesco Electric is traded on NASDAQ Exchange in the United States.
Invesco Electric Etf Technical Analysis
Invesco Electric 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 Electric Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Invesco Electric Vehicle cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Invesco Electric November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Electric 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 Electric shares will generate the highest return on investment. By undertsting and applying Invesco Electric etf market strength indicators, traders can identify Invesco Electric Vehicle entry and exit signals to maximize returns
Invesco Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Electric'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 | (0.02) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.69) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco Electric Vehicle. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of Invesco Electric Vehicle 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 Electric's value that differs from its market value or its book value, called intrinsic value, which is Invesco Electric'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 Electric's market value can be influenced by many factors that don't directly affect Invesco Electric'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 Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Electric'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.