Invesco Short Duration Etf Market Value
| ISDB Etf | 24.85 0.03 0.12% |
| Symbol | Invesco |
The market value of Invesco Short Duration is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Short's value that differs from its market value or its book value, called intrinsic value, which is Invesco Short's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Short's market value can be influenced by many factors that don't directly affect Invesco Short's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Short's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Invesco Short '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 Short'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 Short.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in Invesco Short on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Short Duration or generate 0.0% return on investment in Invesco Short over 390 days. Invesco Short is related to or competes with Dimensional ETF, Dimensional ETF, Dimensional Core, Dimensional ETF, and Dimensional Emerging. Invesco Short is entity of United States More
Invesco Short 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 Short'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 Short Duration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1474 | |||
| Information Ratio | (1.08) | |||
| Maximum Drawdown | 0.6816 | |||
| Value At Risk | (0.16) | |||
| Potential Upside | 0.1612 |
Invesco Short Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Short's standard deviation. In reality, there are many statistical measures that can use Invesco Short historical prices to predict the future Invesco Short's volatility.| Risk Adjusted Performance | (0.04) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.87) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Short'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 Short Duration Backtested Returns
At this point, Invesco Short is very steady. Invesco Short Duration holds Efficiency (Sharpe) Ratio of 0.0464, which attests that the entity had a 0.0464% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Short Duration, which you can use to evaluate the volatility of the entity. Please check out Invesco Short's Coefficient Of Variation of 6283.74, risk adjusted performance of (0.04), and Mean Deviation of 0.0857 to validate if the risk estimate we provide is consistent with the expected return of 0.005%. The etf retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Invesco Short are completely uncorrelated.
Auto-correlation | 0.90 |
Excellent predictability
Invesco Short Duration has excellent predictability. Overlapping area represents the amount of predictability between Invesco Short time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 Short Duration price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Invesco Short price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Invesco Short Duration lagged returns against current returns
Autocorrelation, which is Invesco Short 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 Short's etf expected returns. We can calculate the autocorrelation of Invesco Short returns to help us make a trade decision. For example, suppose you find that Invesco Short 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 Short 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 Short etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Short etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Short etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco Short Lagged Returns
When evaluating Invesco Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Short etf have on its future price. Invesco Short 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 Short autocorrelation shows the relationship between Invesco Short etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Short Duration.
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.When determining whether Invesco Short Duration offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Short's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Short Duration Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Short Duration Etf:Check out Invesco Short Correlation, Invesco Short Volatility and Invesco Short Alpha and Beta module to complement your research on Invesco Short. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Invesco Short technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.