Invesco Sp 500 Etf Price on September 24, 2024
SPGP Etf | USD 111.19 0.77 0.70% |
Below is the normalized historical share price chart for Invesco SP 500 extending back to June 16, 2011. 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 SP stands at 111.19, as last reported on the 23rd of November, with the highest price reaching 111.34 and the lowest price hitting 110.59 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 SP 500 is very steady. Invesco SP 500 holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Invesco SP 500, which you can use to evaluate the volatility of the entity. Please check out Invesco SP's Downside Deviation of 0.9281, market risk adjusted performance of 0.1246, and Risk Adjusted Performance of 0.1099 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.61 | 200 Day MA 103.4162 | 1 y Volatility 13.07 | 50 Day MA 106.456 | Inception Date 2011-06-16 |
Invesco |
Sharpe Ratio = 0.1185
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Estimated Market Risk
0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Invesco SP is performing at about 9% 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 SP by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 54.3 K |
Invesco SP Valuation on September 24, 2024
It is possible to determine the worth of Invesco SP on a given historical date. On September 24, 2024 Invesco was worth 104.5 at the beginning of the trading date compared to the closed value of 104.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco SP etf. Still, in general, we apply an absolute valuation method to find Invesco SP'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 SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco SP's related companies.
Open | High | Low | Close | Volume | |
103.77 | 104.15 | 103.49 | 103.85 | 144,522 | |
09/24/2024 | 104.50 | 104.74 | 103.88 | 104.08 | 145,400 |
104.09 | 104.35 | 103.20 | 103.33 | 202,616 |
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Invesco SP Trading Date Momentum on September 24, 2024
On September 25 2024 Invesco SP 500 was traded for 103.33 at the closing time. The top price for the day was 104.35 and the lowest listed price was 103.20 . The trading volume for the day was 202.6 K. The trading history from September 25, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.72% . The trading delta at closing time against the current closing price is 2.37% . |
Invesco SP 500 Fundamentals Correlations and Trends
By evaluating Invesco SP'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 SP'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 SP Etf history
Invesco SP 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 SP 500 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 SP stock prices may prove useful in developing a viable investing in Invesco SP
Invesco SP Etf Technical Analysis
Invesco SP 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 SP Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Invesco SP 500 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 SP November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco SP 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 SP shares will generate the highest return on investment. By undertsting and applying Invesco SP etf market strength indicators, traders can identify Invesco SP 500 entry and exit signals to maximize returns
Invesco SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco SP'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 | 0.1099 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | 0.0065 | |||
Treynor Ratio | 0.1146 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Invesco SP 500 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 SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco SP'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 SP's market value can be influenced by many factors that don't directly affect Invesco SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SP'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.