Invesco Euro (Germany) Market Value
Invesco Euro's market value is the price at which a share of Invesco Euro trades on a public exchange. It measures the collective expectations of Invesco Euro Government investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Invesco Euro Government and determine expected loss or profit from investing in Invesco Euro over a given investment horizon. Check out Investing Opportunities 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 nation.
| Symbol | Invesco |
Invesco Euro '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 Euro'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 Euro.
| 02/28/2024 |
| 01/18/2026 |
If you would invest 0.00 in Invesco Euro on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Euro Government or generate 0.0% return on investment in Invesco Euro over 690 days. The investment objective of the Fund is to achieve the performance of the Bloomberg Barclays Euro Government Select 5-7 ... More
Invesco Euro 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 Euro'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 Euro Government upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.17 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.4854 |
Invesco Euro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Euro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Euro's standard deviation. In reality, there are many statistical measures that can use Invesco Euro historical prices to predict the future Invesco Euro's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.1818 |
Invesco Euro Government Backtested Returns
Invesco Euro Government holds Efficiency (Sharpe) Ratio of -0.0113, which attests that the entity had a -0.0113 % return per unit of risk over the last 3 months. Invesco Euro Government exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Euro's Risk Adjusted Performance of (0.02), market risk adjusted performance of 0.1918, and Standard Deviation of 0.2611 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.0712, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Euro are expected to decrease at a much lower rate. During the bear market, Invesco Euro is likely to outperform the market.
Auto-correlation | 0.10 |
Insignificant predictability
Invesco Euro Government has insignificant predictability. Overlapping area represents the amount of predictability between Invesco Euro time series from 28th of February 2024 to 7th of February 2025 and 7th of February 2025 to 18th of January 2026. 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 Euro Government price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Invesco Euro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Invesco Euro Government lagged returns against current returns
Autocorrelation, which is Invesco Euro 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 Euro's etf expected returns. We can calculate the autocorrelation of Invesco Euro returns to help us make a trade decision. For example, suppose you find that Invesco Euro 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 Euro 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 Euro etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Euro etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Euro etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco Euro Lagged Returns
When evaluating Invesco Euro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Euro etf have on its future price. Invesco Euro 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 Euro autocorrelation shows the relationship between Invesco Euro etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Euro Government.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Invesco Etf
Invesco Euro financial ratios help investors to determine whether Invesco Etf 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 Euro security.