Invesco Balanced Risk Allocation Fund Market Value
| ABRYX Fund | USD 9.26 0.06 0.65% |
| Symbol | Invesco |
Invesco Balanced-risk 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Invesco Balanced-risk's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Invesco Balanced-risk.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Invesco Balanced-risk on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Balanced Risk Allocation or generate 0.0% return on investment in Invesco Balanced-risk over 30 days. Invesco Balanced-risk is related to or competes with ATAC Rotation, Tidal ETF, Quadratic Interest, Baron Global, and Amplify BlackSwan. The funds investment strategy is designed to provide capital loss protection during down markets by investing across mul... More
Invesco Balanced-risk Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Invesco Balanced-risk's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Invesco Balanced Risk Allocation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.69 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.07 |
Invesco Balanced-risk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Balanced-risk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Balanced-risk's standard deviation. In reality, there are many statistical measures that can use Invesco Balanced-risk historical prices to predict the future Invesco Balanced-risk's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Balanced-risk's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Invesco Balanced Risk Backtested Returns
Invesco Balanced Risk holds Efficiency (Sharpe) Ratio of -0.0407, which attests that the entity had a -0.0407% return per unit of risk over the last 3 months. Invesco Balanced Risk exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Balanced-risk's Market Risk Adjusted Performance of (0.07), standard deviation of 0.5985, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Balanced-risk's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Balanced-risk is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
Invesco Balanced Risk Allocation has good predictability. Overlapping area represents the amount of predictability between Invesco Balanced-risk time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Invesco Balanced Risk price movement. The serial correlation of 0.71 indicates that around 71.0% of current Invesco Balanced-risk price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Balanced Risk lagged returns against current returns
Autocorrelation, which is Invesco Balanced-risk mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Invesco Balanced-risk's mutual fund expected returns. We can calculate the autocorrelation of Invesco Balanced-risk returns to help us make a trade decision. For example, suppose you find that Invesco Balanced-risk has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Invesco Balanced-risk regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Invesco Balanced-risk mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Balanced-risk mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Balanced-risk mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Balanced-risk Lagged Returns
When evaluating Invesco Balanced-risk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Balanced-risk mutual fund have on its future price. Invesco Balanced-risk autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Invesco Balanced-risk autocorrelation shows the relationship between Invesco Balanced-risk mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Balanced Risk Allocation.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Invesco Mutual Fund
Invesco Balanced-risk 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 Balanced-risk security.
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