Invesco Steelpath Mlp Etf Market Value
| PIPE Etf | 24.06 0.05 0.21% |
| Symbol | Invesco |
The market value of Invesco SteelPath MLP 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 SteelPath's value that differs from its market value or its book value, called intrinsic value, which is Invesco SteelPath'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 SteelPath's market value can be influenced by many factors that don't directly affect Invesco SteelPath'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 SteelPath's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SteelPath is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SteelPath'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 SteelPath '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 SteelPath'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 SteelPath.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in Invesco SteelPath on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Invesco SteelPath MLP or generate 0.0% return on investment in Invesco SteelPath over 30 days. Invesco SteelPath is related to or competes with First Trust, Ultimus Managers, Horizon Kinetics, Harbor Health, Sprott Active, American Beacon, and First Trust. Invesco SteelPath is entity of United States More
Invesco SteelPath 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 SteelPath'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 SteelPath MLP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.18 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.31 |
Invesco SteelPath Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco SteelPath's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco SteelPath's standard deviation. In reality, there are many statistical measures that can use Invesco SteelPath historical prices to predict the future Invesco SteelPath's volatility.| Risk Adjusted Performance | 0.0218 | |||
| Jensen Alpha | 0.0192 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.23) |
Invesco SteelPath MLP Backtested Returns
Invesco SteelPath MLP holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. Invesco SteelPath MLP exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco SteelPath's Downside Deviation of 1.01, market risk adjusted performance of (0.22), and Risk Adjusted Performance of 0.0218 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.065, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco SteelPath are expected to decrease at a much lower rate. During the bear market, Invesco SteelPath is likely to outperform the market.
Auto-correlation | -0.38 |
Poor reverse predictability
Invesco SteelPath MLP has poor reverse predictability. Overlapping area represents the amount of predictability between Invesco SteelPath time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 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 SteelPath MLP price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Invesco SteelPath price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Invesco SteelPath MLP lagged returns against current returns
Autocorrelation, which is Invesco SteelPath 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 SteelPath's etf expected returns. We can calculate the autocorrelation of Invesco SteelPath returns to help us make a trade decision. For example, suppose you find that Invesco SteelPath 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 SteelPath 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 SteelPath etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco SteelPath etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco SteelPath etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco SteelPath Lagged Returns
When evaluating Invesco SteelPath's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco SteelPath etf have on its future price. Invesco SteelPath 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 SteelPath autocorrelation shows the relationship between Invesco SteelPath etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco SteelPath MLP.
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 SteelPath MLP is a strong investment it is important to analyze Invesco SteelPath'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 SteelPath's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:Check out Invesco SteelPath Correlation, Invesco SteelPath Volatility and Invesco SteelPath Alpha and Beta module to complement your research on Invesco SteelPath. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Invesco SteelPath 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.