Invesco Markets (France) Market Value
| PEU Etf | EUR 105.27 0.33 0.31% |
| Symbol | Invesco |
Invesco Markets '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 Markets' 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 Markets.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Invesco Markets on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Invesco Markets III or generate 0.0% return on investment in Invesco Markets over 720 days. Invesco Markets is related to or competes with Lyxor UCITS, and SPDR SP. The investment objective of the Fund is to provide investors with investment results which, before expenses, correspond ... More
Invesco Markets 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 Markets' 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 Markets III upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3459 | |||
| Information Ratio | (0.67) | |||
| Maximum Drawdown | 1.19 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.3145 |
Invesco Markets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Markets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Markets' standard deviation. In reality, there are many statistical measures that can use Invesco Markets historical prices to predict the future Invesco Markets' volatility.| Risk Adjusted Performance | 0.0225 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.34) | |||
| Treynor Ratio | 0.0678 |
Invesco Markets III Backtested Returns
At this point, Invesco Markets is very steady. Invesco Markets III holds Efficiency (Sharpe) Ratio of 0.0716, which attests that the entity had a 0.0716% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Markets III, which you can use to evaluate the volatility of the entity. Please check out Invesco Markets' Downside Deviation of 0.3459, risk adjusted performance of 0.0225, and Market Risk Adjusted Performance of 0.0778 to validate if the risk estimate we provide is consistent with the expected return of 0.0128%. The etf retains a Market Volatility (i.e., Beta) of 0.0424, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Markets' returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Markets is expected to be smaller as well.
Auto-correlation | 0.98 |
Excellent predictability
Invesco Markets III has excellent predictability. Overlapping area represents the amount of predictability between Invesco Markets time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Markets III price movement. The serial correlation of 0.98 indicates that 98.0% of current Invesco Markets price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 1.11 |
Invesco Markets III lagged returns against current returns
Autocorrelation, which is Invesco Markets 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 Markets' etf expected returns. We can calculate the autocorrelation of Invesco Markets returns to help us make a trade decision. For example, suppose you find that Invesco Markets 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 Markets 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 Markets etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Markets etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Markets etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco Markets Lagged Returns
When evaluating Invesco Markets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Markets etf have on its future price. Invesco Markets 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 Markets autocorrelation shows the relationship between Invesco Markets etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Markets III.
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 Etf
Invesco Markets financial ratios help investors to determine whether Invesco Etf 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 Markets security.