Invesco Db Oil Etf Price on February 23, 2017
DBO Etf | USD 15.41 0.04 0.26% |
Below is the normalized historical share price chart for Invesco DB Oil extending back to January 05, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco DB stands at 15.41, as last reported on the 28th of March, with the highest price reaching 15.42 and the lowest price hitting 15.31 during the day.
If you're considering investing in Invesco Etf, it is important to understand the factors that can impact its price. We consider Invesco DB very steady. Invesco DB Oil holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco DB Oil, which you can use to evaluate the volatility of the entity. Please check out Invesco DB's Risk Adjusted Performance of 0.0573, market risk adjusted performance of 0.7302, and Downside Deviation of 1.19 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 25.82 | 200 Day MA 15.4707 | 1 y Volatility 23.21 | 50 Day MA 14.6884 | Inception Date 2007-01-05 |
Invesco |
Sharpe Ratio = 0.1659
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Estimated Market Risk
1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 12 88% of assets perform better |
Based on monthly moving average Invesco DB is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco DB by adding it to a well-diversified portfolio.
Average Mkt Cap Mil USDÂ - | Market Capitalisation {Big=-, Small=-, Mega=-, Medium=-, Micro=-} |
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.
MSFT | Microsoft | |
GOOG | Alphabet Class C | |
S | SentinelOne |
About Invesco DB Etf history
Invesco DB investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco DB Oil will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco DB stock prices may prove useful in developing a viable investing in Invesco DB
Invesco DB Etf Technical Analysis
Invesco DB 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.
Price Boundaries
Invesco DB Period Price Range
Invesco DB March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco DB etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco DB shares will generate the highest return on investment. By undertsting and applying Invesco DB etf market strength indicators, traders can identify Invesco DB Oil entry and exit signals to maximize returns
Invesco DB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco DB's price direction in advance. Along with the technical and fundamental analysis of Invesco Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0573 | |||
Jensen Alpha | 0.0766 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.7202 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco DB Oil. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Invesco DB Oil information on this page should be used as a complementary analysis to other Invesco DB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Invesco Etf analysis
When running Invesco DB's price analysis, check to measure Invesco DB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco DB is operating at the current time. Most of Invesco DB's value examination focuses on studying past and present price action to predict the probability of Invesco DB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco DB's price. Additionally, you may evaluate how the addition of Invesco DB to your portfolios can decrease your overall portfolio volatility.
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The market value of Invesco DB Oil 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 DB's value that differs from its market value or its book value, called intrinsic value, which is Invesco DB'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 DB's market value can be influenced by many factors that don't directly affect Invesco DB'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 DB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco DB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco DB'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.