Invesco Next Gen Etf Price on September 1, 2023
| KNCT Etf | 104.87 0.90 0.87% |
Below is the normalized historical share price chart for Invesco Next Gen extending back to June 23, 2005. 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 Next stands at 104.87, as last reported on the 24th of November, with the highest price reaching 104.87 and the lowest price hitting 104.34 during the day.
If you're considering investing in Invesco Etf, it is important to understand the factors that can impact its price. Currently, Invesco Next Gen is very steady. Invesco Next Gen holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Invesco Next Gen, which you can use to evaluate the volatility of the entity. Please check out Invesco Next's Downside Deviation of 1.04, risk adjusted performance of 0.0804, and Market Risk Adjusted Performance of 0.1146 to validate if the risk estimate we provide is consistent with the expected return of 0.0989%.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.63 | 200 Day MA 97.0454 | 1 y Volatility 14.98 | 50 Day MA 102.8664 | Inception Date 2005-06-23 |
Invesco |
Sharpe Ratio = 0.1022
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Invesco Next is performing at about 8% 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 Next by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 159.7 K |
Invesco Next Valuation on September 1, 2023
It is possible to determine the worth of Invesco Next on a given historical date. On September 1, 2023 Invesco was worth 79.24 at the beginning of the trading date compared to the closed value of 79.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Next etf. Still, in general, we apply an absolute valuation method to find Invesco Next'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 Next where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Next's related companies.
| Open | High | Low | Close | Volume | |
| 79.22 | 79.22 | 79.22 | 79.22 | 200.00 | |
09/01/2023 | 79.24 | 79.24 | 79.24 | 79.24 | 300.00 |
| 79.04 | 79.04 | 78.88 | 78.88 | 300.00 |
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Invesco Next Trading Date Momentum on September 1, 2023
| On September 05 2023 Invesco Next Gen was traded for 78.88 at the closing time. The top price for the day was 79.04 and the lowest listed price was 78.88 . The trading volume for the day was 300. The trading history from September 5, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.45% . The trading delta at closing time against the current closing price is 1.00% . |
Invesco Next Gen Fundamentals Correlations and Trends
By evaluating Invesco Next'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 Next'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 Next Etf history
Invesco Next 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 Next Gen 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 Next stock prices may prove useful in developing a viable investing in Invesco Next
Invesco Next Etf Technical Analysis
Invesco Next 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 Next Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Invesco Next Gen cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Next November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Next 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 Next shares will generate the highest return on investment. By undertsting and applying Invesco Next etf market strength indicators, traders can identify Invesco Next Gen entry and exit signals to maximize returns
Invesco Next Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Next'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 | 0.0804 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1046 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Invesco Next Gen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Invesco Next Gen 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 Next's value that differs from its market value or its book value, called intrinsic value, which is Invesco Next'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 Next's market value can be influenced by many factors that don't directly affect Invesco Next'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 Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Next'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.