Invesco Treasury (UK) Market Value
| TRES Etf | 36.15 0.10 0.28% |
| Symbol | Invesco |
Invesco Treasury '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 Treasury'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 Treasury.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Invesco Treasury on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Treasury Bond or generate 0.0% return on investment in Invesco Treasury over 60 days. Invesco Treasury is related to or competes with Leverage Shares, WisdomTree, WisdomTree Silver, Leverage Shares, GraniteShares FAANG, Lyxor 10Y, and GraniteShares. Invesco Treasury is entity of United Kingdom More
Invesco Treasury 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 Treasury'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 Treasury Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.47) | |||
| Maximum Drawdown | 1.37 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.5138 |
Invesco Treasury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Treasury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Treasury's standard deviation. In reality, there are many statistical measures that can use Invesco Treasury historical prices to predict the future Invesco Treasury's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.3092 |
Invesco Treasury Bond Backtested Returns
Invesco Treasury Bond holds Efficiency (Sharpe) Ratio of -0.0886, which attests that the entity had a -0.0886% return per unit of risk over the last 3 months. Invesco Treasury Bond exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Treasury's Market Risk Adjusted Performance of 0.3192, standard deviation of 0.3437, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Treasury are expected to decrease at a much lower rate. During the bear market, Invesco Treasury is likely to outperform the market.
Auto-correlation | 0.66 |
Good predictability
Invesco Treasury Bond has good predictability. Overlapping area represents the amount of predictability between Invesco Treasury time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Treasury Bond price movement. The serial correlation of 0.66 indicates that around 66.0% of current Invesco Treasury price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Invesco Treasury Bond lagged returns against current returns
Autocorrelation, which is Invesco Treasury 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 Treasury's etf expected returns. We can calculate the autocorrelation of Invesco Treasury returns to help us make a trade decision. For example, suppose you find that Invesco Treasury 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 Treasury 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 Treasury etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Treasury etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Treasury etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco Treasury Lagged Returns
When evaluating Invesco Treasury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Treasury etf have on its future price. Invesco Treasury 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 Treasury autocorrelation shows the relationship between Invesco Treasury etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Treasury Bond.
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 Treasury 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 Treasury security.