Invesco Preferred Etf Price on November 3, 2023
| PGX Etf | USD 11.93 0.03 0.25% |
Below is the normalized historical share price chart for Invesco Preferred ETF extending back to January 31, 2008. 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 Preferred stands at 11.93, as last reported on the 28th of November, with the highest price reaching 11.95 and the lowest price hitting 11.88 during the day.
If you're considering investing in Invesco Etf, it is important to understand the factors that can impact its price. At this stage we consider Invesco Etf to be very steady. Invesco Preferred ETF holds Efficiency (Sharpe) Ratio of 0.028, which attests that the entity had a 0.028% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Preferred ETF, which you can use to evaluate the volatility of the entity. Please check out Invesco Preferred's Market Risk Adjusted Performance of 0.0354, downside deviation of 0.659, and Risk Adjusted Performance of 0.0142 to validate if the risk estimate we provide is consistent with the expected return of 0.0164%.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 15.79 | 200 Day MA 11.8607 | 1 y Volatility 11.67 | 50 Day MA 12.2502 | Inception Date 2008-01-31 |
Invesco |
Sharpe Ratio = 0.028
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| Negative Returns | PGX |
Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Invesco Preferred is performing at about 2% 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 Preferred by adding it to a well-diversified portfolio.
Invesco Preferred Valuation on November 3, 2023
It is possible to determine the worth of Invesco Preferred on a given historical date. On November 3, 2023 Invesco was worth 10.23 at the beginning of the trading date compared to the closed value of 10.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Preferred etf. Still, in general, we apply an absolute valuation method to find Invesco Preferred'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 Preferred where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Preferred's related companies.
| Open | High | Low | Close | Volume | |
| 9.98 | 10.13 | 9.97 | 10.10 | 6,276,679 | |
11/03/2023 | 10.23 | 10.31 | 10.20 | 10.26 | 6,536,900 |
| 10.26 | 10.30 | 10.21 | 10.24 | 5,678,514 |
| Backtest Invesco Preferred | | | Invesco Preferred History | | | Invesco Preferred Valuation | Previous | Next |
Invesco Preferred Trading Date Momentum on November 3, 2023
| On November 06 2023 Invesco Preferred ETF was traded for 10.24 at the closing time. Highest Invesco Preferred's price during the trading hours was 10.30 and the lowest price during the day was 10.21 . The net volume was 5.7 M. The overall trading history on the 6th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.19% . The trading delta at closing time to current price is 1.27% . |
Invesco Preferred ETF Fundamentals Correlations and Trends
By evaluating Invesco Preferred'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 Preferred'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 Preferred Etf history
Invesco Preferred 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 Preferred ETF 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 Preferred stock prices may prove useful in developing a viable investing in Invesco Preferred
Invesco Preferred Etf Technical Analysis
Invesco Preferred 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 Preferred Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Invesco Preferred ETF 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 Preferred November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Preferred 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 Preferred shares will generate the highest return on investment. By undertsting and applying Invesco Preferred etf market strength indicators, traders can identify Invesco Preferred ETF entry and exit signals to maximize returns
Invesco Preferred Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Preferred'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 | 0.0142 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.0254 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Preferred ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Invesco Preferred ETF 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 Preferred's value that differs from its market value or its book value, called intrinsic value, which is Invesco Preferred'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 Preferred's market value can be influenced by many factors that don't directly affect Invesco Preferred'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 Preferred's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Preferred is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Preferred'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.