Invesco Value Opportunities Fund Market Value
| VVONX Fund | USD 19.39 0.05 0.26% |
| Symbol | Invesco |
Invesco Value '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 Value'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 Value.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Invesco Value on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Value Opportunities or generate 0.0% return on investment in Invesco Value over 30 days. Invesco Value is related to or competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, Invesco High, Oppenheimer Strategic, and Oppenheimer International. The fund normally invests in a portfolio of common stocks, preferred stocks and convertible securities More
Invesco Value 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 Value'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 Value Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.0817 | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.48 |
Invesco Value Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Value's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Value's standard deviation. In reality, there are many statistical measures that can use Invesco Value historical prices to predict the future Invesco Value's volatility.| Risk Adjusted Performance | 0.1002 | |||
| Jensen Alpha | 0.0545 | |||
| Total Risk Alpha | 0.0467 | |||
| Sortino Ratio | 0.073 | |||
| Treynor Ratio | 0.0992 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Value'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 Value Opport Backtested Returns
We consider Invesco Value very steady. Invesco Value Opport holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Value Opport, which you can use to evaluate the volatility of the entity. Please check out Invesco Value's Downside Deviation of 1.02, market risk adjusted performance of 0.1092, and Risk Adjusted Performance of 0.1002 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The fund retains a Market Volatility (i.e., Beta) of 1.34, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Invesco Value will likely underperform.
Auto-correlation | -0.5 |
Modest reverse predictability
Invesco Value Opportunities has modest reverse predictability. Overlapping area represents the amount of predictability between Invesco Value time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Value Opport price movement. The serial correlation of -0.5 indicates that about 50.0% of current Invesco Value price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Invesco Value Opport lagged returns against current returns
Autocorrelation, which is Invesco Value 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 Value's mutual fund expected returns. We can calculate the autocorrelation of Invesco Value returns to help us make a trade decision. For example, suppose you find that Invesco Value 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 Value 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 Value mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Value 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 Value mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Value Lagged Returns
When evaluating Invesco Value's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Value mutual fund have on its future price. Invesco Value 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 Value autocorrelation shows the relationship between Invesco Value mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Value Opportunities.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Invesco Value Correlation, Invesco Value Volatility and Invesco Value Alpha and Beta module to complement your research on Invesco Value. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Invesco Value 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.