Invesco Financial Preferred Etf Market Value
| PGF Etf | USD 15.04 0.12 0.79% |
| Symbol | Invesco |
The market value of Invesco Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is Invesco Financial'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 Financial's market value can be influenced by many factors that don't directly affect Invesco Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Financial'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 Financial '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 Financial'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 Financial.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Invesco Financial on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Financial Preferred or generate 0.0% return on investment in Invesco Financial over 90 days. Invesco Financial is related to or competes with Invesco Preferred, IShares Preferred, SPDR ICE, VanEck Preferred, and Invesco Fundamental. The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index More
Invesco Financial 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 Financial'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 Financial Preferred upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.57 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 0.9778 |
Invesco Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Financial's standard deviation. In reality, there are many statistical measures that can use Invesco Financial historical prices to predict the future Invesco Financial's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.0002) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.1218 |
Invesco Financial Backtested Returns
Invesco Financial holds Efficiency (Sharpe) Ratio of -0.0056, which attests that the entity had a -0.0056% return per unit of risk over the last 3 months. Invesco Financial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Financial's Standard Deviation of 0.6036, market risk adjusted performance of 0.1318, and Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Financial are expected to decrease at a much lower rate. During the bear market, Invesco Financial is likely to outperform the market.
Auto-correlation | -0.6 |
Good reverse predictability
Invesco Financial Preferred has good reverse predictability. Overlapping area represents the amount of predictability between Invesco Financial time series from 29th of August 2024 to 13th of October 2024 and 13th of October 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 Financial price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Invesco Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Invesco Financial lagged returns against current returns
Autocorrelation, which is Invesco Financial 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 Financial's etf expected returns. We can calculate the autocorrelation of Invesco Financial returns to help us make a trade decision. For example, suppose you find that Invesco Financial 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 Financial 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 Financial etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Financial etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Financial etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco Financial Lagged Returns
When evaluating Invesco Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Financial etf have on its future price. Invesco Financial 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 Financial autocorrelation shows the relationship between Invesco Financial etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Financial Preferred.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Invesco Financial is a strong investment it is important to analyze Invesco Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco Financial's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:Check out Invesco Financial Correlation, Invesco Financial Volatility and Invesco Financial Alpha and Beta module to complement your research on Invesco Financial. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Invesco Financial 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.