INVESCO MARKETS's market value is the price at which a share of INVESCO MARKETS trades on a public exchange. It measures the collective expectations of INVESCO MARKETS PLC investors about its performance. INVESCO MARKETS is selling for under 406.50 as of the 29th of November 2024; that is 1.35 percent decrease since the beginning of the trading day. The etf's lowest day price was 406.5. With this module, you can estimate the performance of a buy and hold strategy of INVESCO MARKETS PLC and determine expected loss or profit from investing in INVESCO MARKETS over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
INVESCO
INVESCO MARKETS '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 MARKETS's etf 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 MARKETS.
0.00
10/30/2024
No Change 0.00
0.0
In 30 days
11/29/2024
0.00
If you would invest 0.00 in INVESCO MARKETS on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding INVESCO MARKETS PLC or generate 0.0% return on investment in INVESCO MARKETS over 30 days.
INVESCO MARKETS 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 MARKETS's etf 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 MARKETS PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for INVESCO MARKETS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INVESCO MARKETS's standard deviation. In reality, there are many statistical measures that can use INVESCO MARKETS historical prices to predict the future INVESCO MARKETS's volatility.
INVESCO MARKETS is out of control given 3 months investment horizon. INVESCO MARKETS PLC holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of volatility over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 15.72% are justified by taking the suggested risk. Use INVESCO MARKETS PLC market risk adjusted performance of (6.78), and Risk Adjusted Performance of 0.1044 to evaluate company specific risk that cannot be diversified away. The etf retains a Market Volatility (i.e., Beta) of -22.13, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning INVESCO MARKETS are expected to decrease by larger amounts. On the other hand, during market turmoil, INVESCO MARKETS is expected to outperform it.
Auto-correlation
-0.2
Insignificant reverse predictability
INVESCO MARKETS PLC has insignificant reverse predictability. Overlapping area represents the amount of predictability between INVESCO MARKETS time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 MARKETS PLC price movement. The serial correlation of -0.2 indicates that over 20.0% of current INVESCO MARKETS price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.2
Spearman Rank Test
-0.5
Residual Average
0.0
Price Variance
21.29
INVESCO MARKETS PLC lagged returns against current returns
Autocorrelation, which is INVESCO MARKETS etf'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 MARKETS's etf expected returns. We can calculate the autocorrelation of INVESCO MARKETS returns to help us make a trade decision. For example, suppose you find that INVESCO MARKETS has exhibited high autocorrelation historically, and you observe that the etf 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 MARKETS 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 MARKETS etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INVESCO MARKETS etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INVESCO MARKETS etf over time.
Current vs Lagged Prices
Timeline
INVESCO MARKETS Lagged Returns
When evaluating INVESCO MARKETS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INVESCO MARKETS etf have on its future price. INVESCO MARKETS 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 MARKETS autocorrelation shows the relationship between INVESCO MARKETS etf current value and its past values and can show if there is a momentum factor associated with investing in INVESCO MARKETS PLC.
Regressed Prices
Timeline
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