Invesco American Franchise Fund Market Value
VAFAX Fund | USD 28.95 0.32 1.12% |
Symbol | Invesco |
Invesco American '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 American's mutual fund 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 American.
01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Invesco American on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Invesco American Franchise or generate 0.0% return on investment in Invesco American over 30 days. Invesco American is related to or competes with Buffalo High, Lord Abbett, Artisan High, Siit High, Simt High, and Msift High. The fund invests, under normal circumstances, at least 80 percent of its net assets in securities of U.S More
Invesco American 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 American's mutual fund 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 American Franchise upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.05) | |||
Maximum Drawdown | 7.01 | |||
Value At Risk | (2.38) | |||
Potential Upside | 1.87 |
Invesco American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco American's standard deviation. In reality, there are many statistical measures that can use Invesco American historical prices to predict the future Invesco American's volatility.Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.06) | |||
Treynor Ratio | (0.10) |
Invesco American Fra Backtested Returns
Invesco American Fra holds Efficiency (Sharpe) Ratio of -0.0583, which attests that the entity had a -0.0583 % return per unit of risk over the last 3 months. Invesco American Fra exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco American's Market Risk Adjusted Performance of (0.09), standard deviation of 1.35, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco American is expected to be smaller as well.
Auto-correlation | -0.62 |
Very good reverse predictability
Invesco American Franchise has very good reverse predictability. Overlapping area represents the amount of predictability between Invesco American time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 American Fra price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Invesco American price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.62 | |
Spearman Rank Test | -0.33 | |
Residual Average | 0.0 | |
Price Variance | 0.65 |
Invesco American Fra lagged returns against current returns
Autocorrelation, which is Invesco American mutual fund'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 American's mutual fund expected returns. We can calculate the autocorrelation of Invesco American returns to help us make a trade decision. For example, suppose you find that Invesco American has exhibited high autocorrelation historically, and you observe that the mutual fund 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 American 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 American mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco American mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco American mutual fund over time.
Current vs Lagged Prices |
Timeline |
Invesco American Lagged Returns
When evaluating Invesco American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco American mutual fund have on its future price. Invesco American 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 American autocorrelation shows the relationship between Invesco American mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco American Franchise.
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 Mutual Fund
Invesco American financial ratios help investors to determine whether Invesco Mutual Fund 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 American security.
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