Invesco Equity And Fund Market Value
| IEIFX Fund | USD 10.49 0.02 0.19% |
| Symbol | Invesco |
Invesco Equity 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Invesco Equity's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Invesco Equity.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Invesco Equity on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Equity And or generate 0.0% return on investment in Invesco Equity over 30 days. Invesco Equity is related to or competes with Ab Select, Cutler Equity, T Rowe, Crossmark Steward, Us Vector, and The Hartford. The fund invests, under normal circumstances, at least 80 percent of its net assets in equity and income securities, and... More
Invesco Equity Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Invesco Equity's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Invesco Equity And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5256 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 2.46 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 0.6641 |
Invesco Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Equity's standard deviation. In reality, there are many statistical measures that can use Invesco Equity historical prices to predict the future Invesco Equity's volatility.| Risk Adjusted Performance | 0.1063 | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | 0.0083 | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1038 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Equity'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.
Invesco Equity And Backtested Returns
We consider Invesco Equity very steady. Invesco Equity And holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Equity And, which you can use to evaluate the volatility of the entity. Please check out Invesco Equity's Downside Deviation of 0.5256, risk adjusted performance of 0.1063, and Market Risk Adjusted Performance of 0.1138 to validate if the risk estimate we provide is consistent with the expected return of 0.0691%. The fund retains a Market Volatility (i.e., Beta) of 0.7, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Equity is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
Invesco Equity And has very weak reverse predictability. Overlapping area represents the amount of predictability between Invesco Equity time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Invesco Equity And price movement. The serial correlation of -0.03 indicates that only 3.0% of current Invesco Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Invesco Equity And lagged returns against current returns
Autocorrelation, which is Invesco Equity mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Invesco Equity's mutual fund expected returns. We can calculate the autocorrelation of Invesco Equity returns to help us make a trade decision. For example, suppose you find that Invesco Equity has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Invesco Equity regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Invesco Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Equity mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Equity Lagged Returns
When evaluating Invesco Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Equity mutual fund have on its future price. Invesco Equity autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Invesco Equity autocorrelation shows the relationship between Invesco Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Equity And.
Regressed Prices |
| Timeline |
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Invesco Equity 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.