Vy Invesco Stock Fund Market Value
| IVKIX Fund | USD 22.35 0.14 0.63% |
| Symbol | Vy(r) |
Vy(r) Invesco '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 Vy(r) Invesco'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 Vy(r) Invesco.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Vy(r) Invesco on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Vy Invesco Stock or generate 0.0% return on investment in Vy(r) Invesco over 30 days. Vy(r) Invesco is related to or competes with Dodge Cox, American Mutual, American Funds, American Funds, American Mutual, American Mutual, and American Mutual. Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in common stocks, and in der... More
Vy(r) Invesco 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 Vy(r) Invesco'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 Vy Invesco Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5668 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.31 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 1.01 |
Vy(r) Invesco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vy(r) Invesco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vy(r) Invesco's standard deviation. In reality, there are many statistical measures that can use Vy(r) Invesco historical prices to predict the future Vy(r) Invesco's volatility.| Risk Adjusted Performance | 0.1219 | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1212 |
Vy Invesco Stock Backtested Returns
At this stage we consider Vy(r) Mutual Fund to be very steady. Vy Invesco Stock retains Efficiency (Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Vy(r) Invesco, which you can use to evaluate the volatility of the fund. Please validate Vy(r) Invesco's Risk Adjusted Performance of 0.1219, downside deviation of 0.5668, and Mean Deviation of 0.5442 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The entity owns a Beta (Systematic Risk) of 0.88, which indicates possible diversification benefits within a given portfolio. Vy(r) Invesco returns are very sensitive to returns on the market. As the market goes up or down, Vy(r) Invesco is expected to follow.
Auto-correlation | 0.92 |
Excellent predictability
Vy Invesco Stock has excellent predictability. Overlapping area represents the amount of predictability between Vy(r) Invesco time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Vy Invesco Stock price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Vy(r) Invesco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Vy Invesco Stock lagged returns against current returns
Autocorrelation, which is Vy(r) Invesco 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 Vy(r) Invesco's mutual fund expected returns. We can calculate the autocorrelation of Vy(r) Invesco returns to help us make a trade decision. For example, suppose you find that Vy(r) Invesco 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 |
Vy(r) Invesco 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 Vy(r) Invesco mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vy(r) Invesco mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vy(r) Invesco mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vy(r) Invesco Lagged Returns
When evaluating Vy(r) Invesco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vy(r) Invesco mutual fund have on its future price. Vy(r) Invesco 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, Vy(r) Invesco autocorrelation shows the relationship between Vy(r) Invesco mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vy Invesco Stock.
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 Vy(r) Mutual Fund
Vy(r) Invesco financial ratios help investors to determine whether Vy(r) 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 Vy(r) with respect to the benefits of owning Vy(r) Invesco security.
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