Invesco Etf Technical Analysis
DEF Etf | USD 70.41 0.16 0.23% |
As of the 26th of November, Invesco retains the Risk Adjusted Performance of 0.063, downside deviation of 0.6129, and Market Risk Adjusted Performance of (0.29). Invesco technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Please check out Invesco maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Invesco is priced fairly, providing market reflects its last-minute price of 70.41 per share.
Invesco Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Invesco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InvescoInvesco |
Invesco technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Invesco Technical Analysis
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Invesco Trend Analysis
Use this graph to draw trend lines for Invesco. You can use it to identify possible trend reversals for Invesco as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Invesco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Invesco Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Invesco applied against its price change over selected period. The best fit line has a slop of 0.06 , which may imply that Invesco will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 130.72, which is the sum of squared deviations for the predicted Invesco price change compared to its average price change.About Invesco Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Invesco on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Invesco based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Invesco price pattern first instead of the macroeconomic environment surrounding Invesco. By analyzing Invesco's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Invesco's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Invesco specific price patterns or momentum indicators. Please read more on our technical analysis page.
Invesco November 26, 2024 Technical Indicators
Most technical analysis of Invesco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Invesco from various momentum indicators to cycle indicators. When you analyze Invesco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Volume Indicators |
Risk Adjusted Performance | 0.063 | |||
Market Risk Adjusted Performance | (0.29) | |||
Mean Deviation | 0.4905 | |||
Semi Deviation | 0.5329 | |||
Downside Deviation | 0.6129 | |||
Coefficient Of Variation | 1179.67 | |||
Standard Deviation | 0.6469 | |||
Variance | 0.4185 | |||
Information Ratio | (0.11) | |||
Jensen Alpha | 0.0627 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.12) | |||
Treynor Ratio | (0.30) | |||
Maximum Drawdown | 2.6 | |||
Value At Risk | (1.03) | |||
Potential Upside | 1.36 | |||
Downside Variance | 0.3756 | |||
Semi Variance | 0.2839 | |||
Expected Short fall | (0.52) | |||
Skewness | 0.3008 | |||
Kurtosis | 0.1917 |
Invesco One Year Return
Based on the recorded statements, Invesco has an One Year Return of -7.38%. This is 301.64% lower than that of the Invesco family and 205.81% lower than that of the Large Blend category. The one year return for all United States etfs is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Investing Opportunities 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 income. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Invesco is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco's value that differs from its market value or its book value, called intrinsic value, which is Invesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco's market value can be influenced by many factors that don't directly affect Invesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.