Invesco Sp International Etf Technical Analysis
| IITE Etf | 20.85 0.11 0.53% |
As of the 27th of November, Invesco SP retains the Risk Adjusted Performance of 0.0452, market risk adjusted performance of 0.3339, and Standard Deviation of 0.8137. Invesco SP 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.
Invesco SP 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 SP 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 SP International Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Invesco SP International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Invesco SP International Trend Analysis
Use this graph to draw trend lines for Invesco SP International. You can use it to identify possible trend reversals for Invesco SP 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 SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Invesco SP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Invesco SP International applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Invesco SP International will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.66, which is the sum of squared deviations for the predicted Invesco SP price change compared to its average price change.About Invesco SP 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 SP International 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 SP International based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Invesco SP International price pattern first instead of the macroeconomic environment surrounding Invesco SP International. By analyzing Invesco SP'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 SP'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 SP specific price patterns or momentum indicators. Please read more on our technical analysis page.
Invesco SP November 27, 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 | 0.0452 | |||
| Market Risk Adjusted Performance | 0.3339 | |||
| Mean Deviation | 0.2682 | |||
| Coefficient Of Variation | 1714.92 | |||
| Standard Deviation | 0.8137 | |||
| Variance | 0.6621 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | 0.0235 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.3239 | |||
| Maximum Drawdown | 7.59 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.5304 | |||
| Skewness | 3.81 | |||
| Kurtosis | 27.12 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Invesco SP International. 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. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.