Invesco Markets (Germany) Market Value
| SC03 Etf | EUR 395.75 0.00 0.00% |
| 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.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Invesco Markets on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Markets plc or generate 0.0% return on investment in Invesco Markets over 180 days. Invesco Markets is related to or competes with Invesco Global. The investment seeks to replicate, net of expenses, the STOXX Europe 600 Optimised Food Beverage TR index 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 plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 5.18 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.15 |
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 | (0.07) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.2469 |
Invesco Markets plc Backtested Returns
Invesco Markets plc holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Invesco Markets plc exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Markets' Standard Deviation of 0.8433, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of 0.2569 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Invesco Markets are expected to decrease at a much lower rate. During the bear market, Invesco Markets is likely to outperform the market.
Auto-correlation | 0.39 |
Below average predictability
Invesco Markets plc has below average predictability. Overlapping area represents the amount of predictability between Invesco Markets time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 plc price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Invesco Markets price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 174.54 |
Invesco Markets plc 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 plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
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.