Macroaxis considers Invesco China to be not too volatile. Invesco China Real
holds Efficiency (Sharpe) Ratio of -0.1527 which attests that the entity had -0.1527% of return per unit of risk over the last 2 months. Macroaxis philosophy towards determining risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Invesco China Real exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Invesco China Market Risk Adjusted Performance
of (0.18) and Risk Adjusted Performance of (0.12) to validate risk estimate we provide. The etf retains Market Volatility (i.e. Beta) of 1.1769 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Invesco China will likely underperform. Even though it is essential to pay attention to Invesco China Real current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Invesco China Real exposes twenty-one different technical indicators which can help you to evaluate its performance.
Invesco China Real Estate ETF has insignificant predictability. Overlapping area represents the amount of predictability between Invesco China time series from June 22, 2019 to July 22, 2019 and July 22, 2019 to August 21, 2019. 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 China Real price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Invesco China price fluctuation can be explain by its past prices.