Invesco Raymond James Market Value

RYJDelisted Etf  USD 65.36  0.77  1.16%   
Invesco Raymond's market value is the price at which a share of Invesco Raymond trades on a public exchange. It measures the collective expectations of Invesco Raymond James investors about its performance. Invesco Raymond James is currently unavailable and cannot be used in your analysis. The information on this page reflects the last day Invesco Raymond was actively traded. Please check the etf traded under the symbol UPGD.
With this module, you can estimate the performance of a buy and hold strategy of Invesco Raymond James and determine expected loss or profit from investing in Invesco Raymond over a given investment horizon. Check out Invesco Raymond Correlation, Invesco Raymond Volatility and Invesco Raymond Alpha and Beta module to complement your research on Invesco Raymond.
Symbol

Please note, there is a significant difference between Invesco Raymond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Raymond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Raymond'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.

Invesco Raymond '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 Raymond's etf 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 Raymond.
0.00
09/30/2023
No Change 0.00  0.0 
In 5 months and 30 days
03/28/2024
0.00
If you would invest  0.00  in Invesco Raymond on September 30, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Raymond James or generate 0.0% return on investment in Invesco Raymond over 180 days. The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index More

Invesco Raymond 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 Raymond's etf 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 Raymond James upside and downside potential and time the market with a certain degree of confidence.

Invesco Raymond Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Raymond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Raymond's standard deviation. In reality, there are many statistical measures that can use Invesco Raymond historical prices to predict the future Invesco Raymond's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Raymond'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.
Hype
Prediction
LowEstimatedHigh
64.3365.4066.47
Details
Intrinsic
Valuation
LowRealHigh
58.9259.9971.90
Details
Naive
Forecast
LowNextHigh
63.7764.8465.90
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
64.7965.6766.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco Raymond. Your research has to be compared to or analyzed against Invesco Raymond's peers to derive any actionable benefits. When done correctly, Invesco Raymond's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Invesco Raymond James.

Invesco Raymond James Backtested Returns

We consider Invesco Raymond very steady. Invesco Raymond James holds Efficiency (Sharpe) Ratio of 0.0944, which attests that the entity had a 0.0944% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Raymond James, which you can use to evaluate the volatility of the entity. Please check out Invesco Raymond's Downside Deviation of 1.16, risk adjusted performance of 0.0708, and Market Risk Adjusted Performance of (1.77) to validate if the risk estimate we provide is consistent with the expected return of 0.1%. The etf retains a Market Volatility (i.e., Beta) of -0.0682, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Raymond are expected to decrease at a much lower rate. During the bear market, Invesco Raymond is likely to outperform the market.

Auto-correlation

    
  0.80  

Very good predictability

Invesco Raymond James has very good predictability. Overlapping area represents the amount of predictability between Invesco Raymond time series from 30th of September 2023 to 29th of December 2023 and 29th of December 2023 to 28th of March 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 Raymond James price movement. The serial correlation of 0.8 indicates that around 80.0% of current Invesco Raymond price fluctuation can be explain by its past prices.
Correlation Coefficient0.8
Spearman Rank Test0.84
Residual Average0.0
Price Variance3.61

Invesco Raymond James lagged returns against current returns

Autocorrelation, which is Invesco Raymond etf'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 Raymond's etf expected returns. We can calculate the autocorrelation of Invesco Raymond returns to help us make a trade decision. For example, suppose you find that Invesco Raymond has exhibited high autocorrelation historically, and you observe that the etf 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 Raymond 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 Raymond etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Raymond etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Raymond etf over time.
   Current vs Lagged Prices   
       Timeline  

Invesco Raymond Lagged Returns

When evaluating Invesco Raymond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Raymond etf have on its future price. Invesco Raymond 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 Raymond autocorrelation shows the relationship between Invesco Raymond etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Raymond James.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Invesco Raymond in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Invesco Raymond's short interest history, or implied volatility extrapolated from Invesco Raymond options trading.

Currently Active Assets on Macroaxis

Check out Invesco Raymond Correlation, Invesco Raymond Volatility and Invesco Raymond Alpha and Beta module to complement your research on Invesco Raymond.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Consideration for investing in Invesco Etf

If you are still planning to invest in Invesco Raymond James check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Invesco Raymond's history and understand the potential risks before investing.
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