Invesco Emerging Markets Etf Market Value
| PCY Etf | USD 20.21 0.13 0.65% |
| Symbol | Invesco |
The market value of Invesco Emerging Markets 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is Invesco Emerging'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 Emerging's market value can be influenced by many factors that don't directly affect Invesco Emerging'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 Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Emerging'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 Emerging '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 Emerging'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 Emerging.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in Invesco Emerging on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Emerging Markets or generate 0.0% return on investment in Invesco Emerging over 90 days. Invesco Emerging is related to or competes with IShares JP, SPDR Bloomberg, VanEck JP, Invesco Fundamental, and IShares MBS. The fund generally will invest at least 80 percent of its total assets in the components that comprise the underlying in... More
Invesco Emerging 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 Emerging'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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 1.26 |
Invesco Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Emerging's standard deviation. In reality, there are many statistical measures that can use Invesco Emerging historical prices to predict the future Invesco Emerging's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Emerging'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 Emerging Markets Backtested Returns
At this stage we consider Invesco Etf to be very steady. Invesco Emerging Markets holds Efficiency (Sharpe) Ratio of 0.0306, which attests that the entity had a 0.0306 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Invesco Emerging Markets, which you can use to evaluate the volatility of the entity. Please check out Invesco Emerging's Market Risk Adjusted Performance of (0.29), risk adjusted performance of (0.01), and Standard Deviation of 0.6203 to validate if the risk estimate we provide is consistent with the expected return of 0.0194%. The etf retains a Market Volatility (i.e., Beta) of 0.047, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Emerging is expected to be smaller as well.
Auto-correlation | 0.10 |
Insignificant predictability
Invesco Emerging Markets has insignificant predictability. Overlapping area represents the amount of predictability between Invesco Emerging time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 2025. 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 Emerging Markets price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Invesco Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Invesco Emerging Markets lagged returns against current returns
Autocorrelation, which is Invesco Emerging 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 Emerging's etf expected returns. We can calculate the autocorrelation of Invesco Emerging returns to help us make a trade decision. For example, suppose you find that Invesco Emerging 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 Emerging 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 Emerging etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Emerging etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Emerging etf over time.
Current vs Lagged Prices |
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Invesco Emerging Lagged Returns
When evaluating Invesco Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Emerging etf have on its future price. Invesco Emerging 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 Emerging autocorrelation shows the relationship between Invesco Emerging etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Emerging Markets.
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 Emerging Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Emerging'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 Emerging Markets Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Emerging Markets Etf:Check out Invesco Emerging Correlation, Invesco Emerging Volatility and Invesco Emerging Alpha and Beta module to complement your research on Invesco Emerging. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Invesco Emerging 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.