Invesco Global Health Fund Price on July 23, 2024
| GGHCX Fund | USD 39.09 0.11 0.28% |
Below is the normalized historical share price chart for Invesco Global Health extending back to October 26, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco Global stands at 39.09, as last reported on the 11th of December 2024, with the highest price reaching 39.09 and the lowest price hitting 39.09 during the day.
If you're considering investing in Invesco Mutual Fund, it is important to understand the factors that can impact its price. Invesco Global Health holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Invesco Global Health exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Global's Market Risk Adjusted Performance of (0.16), risk adjusted performance of (0.09), and Standard Deviation of 0.7458 to validate the risk estimate we provide.
Invesco Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Invesco |
Sharpe Ratio = -0.1515
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| Negative Returns | GGHCX |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco Global 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 Global by adding Invesco Global to a well-diversified portfolio.
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Invesco Global Valuation on July 23, 2024
It is possible to determine the worth of Invesco Global on a given historical date. On July 23, 2024 Invesco was worth 41.03 at the beginning of the trading date compared to the closed value of 41.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Global mutual fund. Still, in general, we apply an absolute valuation method to find Invesco Global'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 Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Global's related companies.
| Open | High | Low | Close | Volume | |
| 40.94 | 40.94 | 40.94 | 40.94 | 1.00 | |
07/23/2024 | 41.03 | 41.03 | 41.03 | 41.03 | 1.00 |
| 41.09 | 41.09 | 41.09 | 41.09 | 1.00 |
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Invesco Global Trading Date Momentum on July 23, 2024
| On July 24 2024 Invesco Global Health was traded for 41.09 at the closing time. The highest daily price throughout the period was 41.09 and the lowest price was 41.09 . There was no trading activity during the period 1.0. Lack of trading volume on 07/24/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.15% . The trading delta at closing time to current closing price is 1.10% . |
Invesco Global Health Fundamentals Correlations and Trends
By evaluating Invesco Global'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 Global'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 Global Mutual Fund history
Invesco Global 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 Global Health 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 Global stock prices may prove useful in developing a viable investing in Invesco Global
The fund invests at least 80 percent of its net assets in securities of issuers engaged primarily in health care-related industries, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in equity securities, including common and preferred stock, and depositary receipts. The fund may invest in the securities of issuers of all capitalization sizes and may invest a significant amount of its net assets in the securities of small- and mid-capitalization issuers.
Invesco Global Mutual Fund Technical Analysis
Invesco Global technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Invesco Global Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Invesco Global December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Global mutual 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 Global shares will generate the highest return on investment. By undertsting and applying Invesco Global mutual fund market strength indicators, traders can identify Invesco Global Health entry and exit signals to maximize returns
Invesco Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Global's price direction in advance. Along with the technical and fundamental analysis of Invesco Mutual Fund 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 | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.17) |
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Other Information on Investing in Invesco Mutual Fund
Invesco Global financial ratios help investors to determine whether Invesco Mutual 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 Global security.
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