Invesco Balanced Risk Modity Fund Market Value
| BRCYX Fund | USD 6.92 0.02 0.29% |
| Symbol | Invesco |
Invesco Balanced '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'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.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Invesco Balanced on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Balanced Risk Modity or generate 0.0% return on investment in Invesco Balanced over 90 days. Invesco Balanced is related to or competes with Fpa Queens, Amg River, Vanguard Small-cap, Heartland Value, Mid-cap Value, Columbia Small, and Royce Opportunity. The fund invests, under normal conditions, in derivatives and other commodity-linked instruments whose performance is ex... More
Invesco Balanced 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'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 Modity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9222 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.3 |
Invesco Balanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Balanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Balanced's standard deviation. In reality, there are many statistical measures that can use Invesco Balanced historical prices to predict the future Invesco Balanced's volatility.| Risk Adjusted Performance | 0.0409 | |||
| Jensen Alpha | 0.022 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.3692 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Balanced'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
At this stage we consider Invesco Mutual Fund to be not too volatile. Invesco Balanced Risk holds Efficiency (Sharpe) Ratio of 0.0529, which attests that the entity had a 0.0529% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Balanced Risk, which you can use to evaluate the volatility of the entity. Please check out Invesco Balanced's Market Risk Adjusted Performance of 0.3792, risk adjusted performance of 0.0409, and Downside Deviation of 0.9222 to validate if the risk estimate we provide is consistent with the expected return of 0.042%. The fund retains a Market Volatility (i.e., Beta) of 0.0866, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Balanced is expected to be smaller as well.
Auto-correlation | -0.43 |
Modest reverse predictability
Invesco Balanced Risk Modity has modest reverse predictability. Overlapping area represents the amount of predictability between Invesco Balanced time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th 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 -0.43 indicates that just about 43.0% of current Invesco Balanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Balanced Risk lagged returns against current returns
Autocorrelation, which is Invesco Balanced 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's mutual fund expected returns. We can calculate the autocorrelation of Invesco Balanced returns to help us make a trade decision. For example, suppose you find that Invesco Balanced 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 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Balanced 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 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Balanced Lagged Returns
When evaluating Invesco Balanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Balanced mutual fund have on its future price. Invesco Balanced 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 autocorrelation shows the relationship between Invesco Balanced mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Balanced Risk Modity.
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 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 security.
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