The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Invesco SP 500 volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.
Invesco SP 500 Trend Analysis
Use this graph to draw trend lines for Invesco SP 500 Garp ETF. You can use it to identify possible trend reversals for Invesco SP as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Invesco SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Invesco SP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Invesco SP 500 Garp ETF applied against its price change over selected period. The best fit line has a slop of 0.0006 which may suggest that Invesco SP 500 Garp ETF market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Invesco SP price change compared to its average price change.
Based on recorded statements Invesco SP 500 Garp ETF has One Year Return of 4.6%. This is 25.68% higher than that of the Invesco family, and 75.53% lower than that of Large Growth category, The One Year Return for all etfs is 574.23% lower than the firm.
Invesco SP Comparables
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.