Invesco SP Competition

SPGP -  USA Etf  

USD 92.27  0.35  0.38%

Invesco SP 500 competes with Vanguard Mega; as well as few others. Analyzing Invesco SP competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Invesco SP to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Invesco SP competition on your existing holdings. Additionally, take a look at Invesco SP Correlation with its peers.

Invesco Competition 

 
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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Invesco SP's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Invesco SP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
91.5092.2192.92
Details
Intrinsic
Valuation
LowReal ValueHigh
90.8791.5892.29
Details
Naive
Forecast
LowNext ValueHigh
93.9194.6295.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
85.7989.7593.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco SP. Your research has to be compared to or analyzed against Invesco SP's peers to derive any actionable benefits. When done correctly, Invesco SP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Invesco SP 500.

Invesco SP Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco SP and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Invesco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Invesco SP 500 does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Invesco SP Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Invesco SP stock performing well and Invesco SP ETF doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Invesco SP's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR
 1.65 (0.12)  0.00 (0.06)  0.00 (0.05)  0.00  3.18 (4.17)  9.59 
MSFT
 0.82  0.12  0.12  0.15  0.88  0.11 (1.00)  2.08 (1.75)  6.18 
UBER
 1.83 (0.04)  0.00 (0.01)  0.00 (0.0169)  0.00  3.44 (2.83)  14.66 
F
 1.61  0.21  0.11  0.17  1.78  0.10 (1.92)  3.64 (3.06)  9.21 
T
 0.78 (0.15)  0.00 (0.16)  0.00 (0.15)  0.00  1.26 (1.49)  5.83 
A
 0.89  0.06  0.03  0.13  1.48  0.0402 (0.80)  1.60 (2.21)  6.75 
CRM
 1.10  0.26  0.22  0.41  0.80  0.16 (1.25)  2.62 (1.65)  9.86 
JPM
 0.99  0.12  0.11  0.12  1.05  0.10 (1.12)  2.10 (1.95)  5.83 
MRK
 0.95  0.07  0.06  0.14  0.89  0.044 (1.11)  2.09 (1.66)  10.18 
XOM
 1.34  0.09  0.07  0.09  1.28  0.06 (1.56)  3.37 (2.31)  6.84 

Invesco SP Competitive Analysis

The better you understand Invesco SP competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco SP's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Invesco SP's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SPGP
E
MGK
E
 0.38 
 92.27 
 0.82 
 246.98 
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Price to Book
Equity Positions Weight
Three Year Return
Net Asset
Five Year Return
One Year Return
Last Dividend Paid
Ten Year Return
Price to Earning
Price to Sales
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Invesco SP Competition Performance Charts

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Additionally, take a look at Invesco SP Correlation with its peers. Note that the Invesco SP 500 information on this page should be used as a complementary analysis to other Invesco SP'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Invesco Etf analysis

When running Invesco SP 500 price analysis, check to measure Invesco SP'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 SP is operating at the current time. Most of Invesco SP's value examination focuses on studying past and present price action to predict the probability of Invesco SP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Invesco SP's price. Additionally, you may evaluate how the addition of Invesco SP to your portfolios can decrease your overall portfolio volatility.
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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 500 underlying business (such as 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 Invesco SP value 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.