Invesco Dividend Income Fund Market Value
| IAUTX Fund | USD 28.57 0.07 0.25% |
| Symbol | Invesco |
Invesco Dividend '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 Dividend'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 Dividend.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Invesco Dividend on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Dividend Income or generate 0.0% return on investment in Invesco Dividend over 90 days. Invesco Dividend is related to or competes with John Hancock, Prudential Financial, Fidelity Advisor, Transamerica Financial, and 1919 Financial. The fund invests, under normal circumstances, at least 80 percent of its net assets in dividend-paying equity securities... More
Invesco Dividend 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 Dividend'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 Dividend Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5251 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.04 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.8379 |
Invesco Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Dividend's standard deviation. In reality, there are many statistical measures that can use Invesco Dividend historical prices to predict the future Invesco Dividend's volatility.| Risk Adjusted Performance | 0.1088 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.1099 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Dividend'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 Dividend Income Backtested Returns
At this stage we consider Invesco Mutual Fund to be very steady. Invesco Dividend Income holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Dividend Income, which you can use to evaluate the volatility of the entity. Please check out Invesco Dividend's Downside Deviation of 0.5251, risk adjusted performance of 0.1088, and Market Risk Adjusted Performance of 0.1199 to validate if the risk estimate we provide is consistent with the expected return of 0.0865%. The fund retains a Market Volatility (i.e., Beta) of 0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Dividend's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Dividend is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
Invesco Dividend Income has good predictability. Overlapping area represents the amount of predictability between Invesco Dividend time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 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 Dividend Income price movement. The serial correlation of 0.71 indicates that around 71.0% of current Invesco Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Invesco Dividend Income lagged returns against current returns
Autocorrelation, which is Invesco Dividend 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 Dividend's mutual fund expected returns. We can calculate the autocorrelation of Invesco Dividend returns to help us make a trade decision. For example, suppose you find that Invesco Dividend 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 Dividend 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 Dividend mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Dividend 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 Dividend mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Dividend Lagged Returns
When evaluating Invesco Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Dividend mutual fund have on its future price. Invesco Dividend 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 Dividend autocorrelation shows the relationship between Invesco Dividend mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Dividend Income.
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 Dividend 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 Dividend security.
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