Invesco Asia Pacific Fund Market Value
Invesco Asia's market value is the price at which a share of Invesco Asia trades on a public exchange. It measures the collective expectations of Invesco Asia Pacific investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Invesco Asia Pacific and determine expected loss or profit from investing in Invesco Asia over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
| Symbol | Invesco |
Search Suggestions
| ASI | American Safety Insurance | Company |
| ASII | PT Astra International | Company |
| ASIYX | Invesco Asia Pacific | Mutual Fund |
| ASIA | Matthews International Funds | ETF |
Pair Trading with Invesco Asia
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Asia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Asia will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Mutual Fund
| 0.78 | MAPTX | Matthews Pacific Tiger | PairCorr |
| 0.85 | MIPTX | Matthews Pacific Tiger | PairCorr |
| 0.85 | PNSIX | T Rowe Price | PairCorr |
| 0.9 | PRASX | T Rowe Price | PairCorr |
| 0.9 | TRZNX | T Rowe Price | PairCorr |
The ability to find closely correlated positions to Invesco Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Asia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Asia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Asia Pacific to buy it.
The correlation of Invesco Asia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Asia Pacific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Asia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Invesco Asia Correlation, Invesco Asia Volatility and Invesco Asia Alpha and Beta module to complement your research on Invesco Asia. Note that the Invesco Asia Pacific information on this page should be used as a complementary analysis to other Invesco Asia'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Invesco Asia technical mutual fund 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, fund market cycles, or different charting patterns.