INVESCO FIN PLC Market Value
| 46132FAC4 | 97.21 0.24 0.25% |
| Symbol | INVESCO |
INVESCO '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's bond 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.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in INVESCO on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding INVESCO FIN PLC or generate 0.0% return on investment in INVESCO over 690 days. INVESCO is related to or competes with Copa Holdings, Highway Holdings, Primoris Services, Park Ohio, Newpark Resources, American Airlines, and Southwest Airlines. More
INVESCO 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's bond 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 FIN PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.34 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 2.43 |
INVESCO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INVESCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INVESCO's standard deviation. In reality, there are many statistical measures that can use INVESCO historical prices to predict the future INVESCO's volatility.| Risk Adjusted Performance | 0.0294 | |||
| Jensen Alpha | 0.0247 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.4827 |
INVESCO FIN PLC Backtested Returns
INVESCO FIN PLC holds Efficiency (Sharpe) Ratio of -0.0625, which attests that the entity had a -0.0625% return per unit of volatility over the last 3 months. INVESCO FIN PLC exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out INVESCO's risk adjusted performance of 0.0294, and Market Risk Adjusted Performance of 0.4927 to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.0672, which attests to not very significant fluctuations relative to the market. As returns on the market increase, INVESCO's returns are expected to increase less than the market. However, during the bear market, the loss of holding INVESCO is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
INVESCO FIN PLC has poor predictability. Overlapping area represents the amount of predictability between INVESCO time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 FIN PLC price movement. The serial correlation of 0.25 indicates that over 25.0% of current INVESCO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 5.2 |
INVESCO FIN PLC lagged returns against current returns
Autocorrelation, which is INVESCO bond'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's bond expected returns. We can calculate the autocorrelation of INVESCO returns to help us make a trade decision. For example, suppose you find that INVESCO has exhibited high autocorrelation historically, and you observe that the bond 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 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 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INVESCO bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INVESCO bond over time.
Current vs Lagged Prices |
| Timeline |
INVESCO Lagged Returns
When evaluating INVESCO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INVESCO bond have on its future price. INVESCO 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 autocorrelation shows the relationship between INVESCO bond current value and its past values and can show if there is a momentum factor associated with investing in INVESCO FIN PLC.
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 Bond
INVESCO financial ratios help investors to determine whether INVESCO Bond 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 security.