Invesco Alerian Galaxy Etf Technical Analysis
SATO Etf | USD 23.43 0.23 0.97% |
As of the 26th of November, Invesco Alerian retains the Downside Deviation of 3.23, risk adjusted performance of 0.1558, and Market Risk Adjusted Performance of 0.2431. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Invesco Alerian Galaxy, as well as the relationship between them.
Invesco Alerian 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 Alerian 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 Alerian Galaxy Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Alerian Galaxy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Invesco Alerian Galaxy Trend Analysis
Use this graph to draw trend lines for Invesco Alerian Galaxy. You can use it to identify possible trend reversals for Invesco Alerian 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 Alerian price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Invesco Alerian Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Invesco Alerian Galaxy applied against its price change over selected period. The best fit line has a slop of 0.16 , which means Invesco Alerian Galaxy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 920.97, which is the sum of squared deviations for the predicted Invesco Alerian price change compared to its average price change.About Invesco Alerian 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 Alerian Galaxy 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 Alerian Galaxy based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Invesco Alerian Galaxy price pattern first instead of the macroeconomic environment surrounding Invesco Alerian Galaxy. By analyzing Invesco Alerian'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 Alerian'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 Alerian specific price patterns or momentum indicators. Please read more on our technical analysis page.
Invesco Alerian 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1558 | |||
Market Risk Adjusted Performance | 0.2431 | |||
Mean Deviation | 3.0 | |||
Semi Deviation | 2.85 | |||
Downside Deviation | 3.23 | |||
Coefficient Of Variation | 519.37 | |||
Standard Deviation | 4.08 | |||
Variance | 16.66 | |||
Information Ratio | 0.1605 | |||
Jensen Alpha | 0.3738 | |||
Total Risk Alpha | 0.1331 | |||
Sortino Ratio | 0.2029 | |||
Treynor Ratio | 0.2331 | |||
Maximum Drawdown | 21.68 | |||
Value At Risk | (5.54) | |||
Potential Upside | 6.97 | |||
Downside Variance | 10.43 | |||
Semi Variance | 8.11 | |||
Expected Short fall | (3.56) | |||
Skewness | 0.9019 | |||
Kurtosis | 2.42 |
Invesco Alerian Galaxy One Year Return
Based on the recorded statements, Invesco Alerian Galaxy has an One Year Return of 171%. This is much higher than that of the Invesco family and significantly higher than that of the Digital Assets category. The one year return for all United States etfs is notably lower than that of the firm.
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.Invesco Alerian November 26, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Invesco stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 807.59 | ||
Daily Balance Of Power | (0.19) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 23.57 | ||
Day Typical Price | 23.52 | ||
Price Action Indicator | (0.26) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Alerian Galaxy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Invesco Alerian Galaxy 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 Alerian's value that differs from its market value or its book value, called intrinsic value, which is Invesco Alerian'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 Alerian's market value can be influenced by many factors that don't directly affect Invesco Alerian'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 Alerian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Alerian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Alerian'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.