As of 21 of September Invesco SP retains Market Risk Adjusted Performance of (0.45), Risk Adjusted Performance of 0.0298 and Downside Deviation of 1.04. Concerning Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Invesco SP Midcap Momentum ETF as well as the relationship between them. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Invesco SP Midcap which can be compared to its competitors. Please check out Invesco SP MidcapCoefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to decide if Invesco SP is priced fairly providing market reflects its last-minute price of 58.81 per share. Given that Invesco SP Midcap Momentum ETF has Jensen Alpha of 0.0201, we strongly advise you confirm Invesco SP Midcap regular market performance to make sure the company can sustain itself at future point.
The output start index for this execution was eight with a total number of output elements of fifty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Invesco SP Midcap volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Invesco SP Midcap Trend Analysis
Use this graph to draw trend lines for Invesco SP Midcap Momentum 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 Midcap Momentum ETF applied against its price change over selected period. The best fit line has a slop of 0.03 % which may suggest that Invesco SP Midcap Momentum ETF market price will keep on failing further. It has 122 observation points and a regression sum of squares at 24.58, which is the sum of squared deviations for the predicted Invesco SP price change compared to its average price change.
Invesco SP September 21, 2019 Technical Indicators