Invesco Oppenheimer International Fund Market Value
| INGFX Fund | USD 36.50 0.10 0.27% |
| Symbol | Invesco |
Invesco Oppenheimer '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 Oppenheimer'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 Oppenheimer.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Invesco Oppenheimer on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Oppenheimer International or generate 0.0% return on investment in Invesco Oppenheimer over 30 days. Invesco Oppenheimer is related to or competes with Franklin Lifesmart, Saat Moderate, American Funds, Jp Morgan, and Pro-blend(r) Moderate. The fund mainly invests in the common stock of growth companies that are domiciled or have their primary operations outs... More
Invesco Oppenheimer 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 Oppenheimer'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 Oppenheimer International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 4.89 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.28 |
Invesco Oppenheimer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Oppenheimer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Oppenheimer's standard deviation. In reality, there are many statistical measures that can use Invesco Oppenheimer historical prices to predict the future Invesco Oppenheimer's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 20.79 |
Invesco Oppenheimer Backtested Returns
Invesco Oppenheimer holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Invesco Oppenheimer exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Oppenheimer's Standard Deviation of 0.9446, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of 20.8 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0054, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Oppenheimer are expected to decrease at a much lower rate. During the bear market, Invesco Oppenheimer is likely to outperform the market.
Auto-correlation | 0.35 |
Below average predictability
Invesco Oppenheimer International has below average predictability. Overlapping area represents the amount of predictability between Invesco Oppenheimer time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Oppenheimer price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Invesco Oppenheimer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Invesco Oppenheimer lagged returns against current returns
Autocorrelation, which is Invesco Oppenheimer 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 Oppenheimer's mutual fund expected returns. We can calculate the autocorrelation of Invesco Oppenheimer returns to help us make a trade decision. For example, suppose you find that Invesco Oppenheimer 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 Oppenheimer 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 Oppenheimer mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Oppenheimer 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 Oppenheimer mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Oppenheimer Lagged Returns
When evaluating Invesco Oppenheimer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Oppenheimer mutual fund have on its future price. Invesco Oppenheimer 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 Oppenheimer autocorrelation shows the relationship between Invesco Oppenheimer mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Oppenheimer International.
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 Oppenheimer 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 Oppenheimer security.
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