Invesco Sp 500 Etf Technical Analysis
SPVM Etf | USD 62.54 0.49 0.79% |
As of the 25th of November, Invesco SP retains the Risk Adjusted Performance of 0.1379, downside deviation of 0.7079, and Market Risk Adjusted Performance of 0.1525. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Invesco SP 500, as well as the relationship between them. Please check out Invesco SP 500 standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Invesco SP is priced fairly, providing market reflects its last-minute price of 62.54 per share.
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 500 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 SP 500 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Invesco SP 500 Trend Analysis
Use this graph to draw trend lines for Invesco SP 500. 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 500 applied against its price change over selected period. The best fit line has a slop of 0.09 , which means Invesco SP 500 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 283.86, 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 500 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 500 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Invesco SP 500 price pattern first instead of the macroeconomic environment surrounding Invesco SP 500. 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 25, 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 | 0.1379 | |||
Market Risk Adjusted Performance | 0.1525 | |||
Mean Deviation | 0.7046 | |||
Semi Deviation | 0.4938 | |||
Downside Deviation | 0.7079 | |||
Coefficient Of Variation | 564.36 | |||
Standard Deviation | 0.9599 | |||
Variance | 0.9214 | |||
Information Ratio | 0.0409 | |||
Jensen Alpha | 0.0244 | |||
Total Risk Alpha | 0.0089 | |||
Sortino Ratio | 0.0555 | |||
Treynor Ratio | 0.1425 | |||
Maximum Drawdown | 5.44 | |||
Value At Risk | (1.16) | |||
Potential Upside | 1.32 | |||
Downside Variance | 0.5011 | |||
Semi Variance | 0.2439 | |||
Expected Short fall | (0.84) | |||
Skewness | 1.59 | |||
Kurtosis | 6.53 |
Invesco SP 500 One Year Return
Based on the recorded statements, Invesco SP 500 has an One Year Return of 31.7%. This is much higher than that of the Invesco family and notably higher than that of the Large Value 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Invesco SP 500 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 SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco SP'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 SP's market value can be influenced by many factors that don't directly affect Invesco SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SP'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.