Invesco Equity And Fund Market Value
| IEIFX Fund | USD 11.66 0.02 0.17% |
| Symbol | Invesco |
Invesco Equity '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 Equity'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 Equity.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Invesco Equity on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Equity And or generate 0.0% return on investment in Invesco Equity over 30 days. Invesco Equity is related to or competes with Putnam Convertible, Absolute Convertible, Columbia Convertible, Harbor Convertible, and Gabelli Convertible. The fund invests, under normal circumstances, at least 80 percent of its net assets in equity and income securities, and... More
Invesco Equity 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 Equity'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 Equity And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4409 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.11 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.8108 |
Invesco Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Equity's standard deviation. In reality, there are many statistical measures that can use Invesco Equity historical prices to predict the future Invesco Equity's volatility.| Risk Adjusted Performance | 0.1472 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | 0.0067 | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1471 |
Invesco Equity And Backtested Returns
At this stage we consider Invesco Mutual Fund to be very steady. Invesco Equity And holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Equity And, which you can use to evaluate the volatility of the entity. Please check out Invesco Equity's Risk Adjusted Performance of 0.1472, downside deviation of 0.4409, and Market Risk Adjusted Performance of 0.1571 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The fund retains a Market Volatility (i.e., Beta) of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Equity is expected to be smaller as well.
Auto-correlation | 0.92 |
Excellent predictability
Invesco Equity And has excellent predictability. Overlapping area represents the amount of predictability between Invesco Equity time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Equity And price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Invesco Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Invesco Equity And lagged returns against current returns
Autocorrelation, which is Invesco Equity 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 Equity's mutual fund expected returns. We can calculate the autocorrelation of Invesco Equity returns to help us make a trade decision. For example, suppose you find that Invesco Equity 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 Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Equity 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 Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Equity Lagged Returns
When evaluating Invesco Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Equity mutual fund have on its future price. Invesco Equity 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 Equity autocorrelation shows the relationship between Invesco Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Equity And.
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 Equity 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 Equity security.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |