Investo ETF's market value is the price at which a share of Investo ETF trades on a public exchange. It measures the collective expectations of Investo ETF MSCI investors about its performance. Investo ETF is trading at 17.25 as of the 3rd of December 2024, a 3.11% increase since the beginning of the trading day. The etf's open price was 16.73. With this module, you can estimate the performance of a buy and hold strategy of Investo ETF MSCI and determine expected loss or profit from investing in Investo ETF over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Investo
Investo ETF '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 Investo ETF'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 Investo ETF.
0.00
11/03/2024
No Change 0.00
0.0
In 31 days
12/03/2024
0.00
If you would invest 0.00 in Investo ETF on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Investo ETF MSCI or generate 0.0% return on investment in Investo ETF over 30 days.
Investo ETF 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 Investo ETF'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 Investo ETF MSCI upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Investo ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Investo ETF's standard deviation. In reality, there are many statistical measures that can use Investo ETF historical prices to predict the future Investo ETF's volatility.
Investo ETF appears to be very steady, given 3 months investment horizon. Investo ETF MSCI holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Investo ETF MSCI, which you can use to evaluate the volatility of the entity. Please utilize Investo ETF's Market Risk Adjusted Performance of 2.88, risk adjusted performance of 0.1552, and Downside Deviation of 1.55 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 0.0949, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Investo ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Investo ETF is expected to be smaller as well.
Auto-correlation
0.52
Modest predictability
Investo ETF MSCI has modest predictability. Overlapping area represents the amount of predictability between Investo ETF time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 Investo ETF MSCI price movement. The serial correlation of 0.52 indicates that about 52.0% of current Investo ETF price fluctuation can be explain by its past prices.
Correlation Coefficient
0.52
Spearman Rank Test
0.65
Residual Average
0.0
Price Variance
0.18
Investo ETF MSCI lagged returns against current returns
Autocorrelation, which is Investo ETF 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 Investo ETF's etf expected returns. We can calculate the autocorrelation of Investo ETF returns to help us make a trade decision. For example, suppose you find that Investo ETF 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
Investo ETF 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 Investo ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Investo ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Investo ETF etf over time.
Current vs Lagged Prices
Timeline
Investo ETF Lagged Returns
When evaluating Investo ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Investo ETF etf have on its future price. Investo ETF 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, Investo ETF autocorrelation shows the relationship between Investo ETF etf current value and its past values and can show if there is a momentum factor associated with investing in Investo ETF MSCI.
Regressed Prices
Timeline
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