Invesco Diversified Dividend Fund Market Value
| LCEIX Fund | USD 18.45 0.14 0.76% |
| Symbol | Invesco |
Invesco Diversified '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 Diversified'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 Diversified.
| 01/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Invesco Diversified on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Diversified Dividend or generate 0.0% return on investment in Invesco Diversified over 90 days. Invesco Diversified is related to or competes with Aam Select, Rbb Fund, Balanced Fund, Tax-managed, and Arrow Managed. The investment seeks long-term growth of capital and, secondarily, current income More
Invesco Diversified 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 Diversified'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 Diversified Dividend upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6708 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.4 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.826 |
Invesco Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Diversified's standard deviation. In reality, there are many statistical measures that can use Invesco Diversified historical prices to predict the future Invesco Diversified's volatility.| Risk Adjusted Performance | 0.0857 | |||
| Jensen Alpha | 0.0049 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0834 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Diversified'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 Diversified Backtested Returns
We consider Invesco Diversified very steady. Invesco Diversified holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Diversified, which you can use to evaluate the volatility of the entity. Please check out Invesco Diversified's Downside Deviation of 0.6708, market risk adjusted performance of 0.0934, and Risk Adjusted Performance of 0.0857 to validate if the risk estimate we provide is consistent with the expected return of 0.0834%. The fund retains a Market Volatility (i.e., Beta) of 0.88, which attests to possible diversification benefits within a given portfolio. Invesco Diversified returns are very sensitive to returns on the market. As the market goes up or down, Invesco Diversified is expected to follow.
Auto-correlation | -0.54 |
Good reverse predictability
Invesco Diversified Dividend has good reverse predictability. Overlapping area represents the amount of predictability between Invesco Diversified time series from 26th of January 2024 to 11th of March 2024 and 11th of March 2024 to 25th 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 Diversified price movement. The serial correlation of -0.54 indicates that about 54.0% of current Invesco Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Invesco Diversified lagged returns against current returns
Autocorrelation, which is Invesco Diversified 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 Diversified's mutual fund expected returns. We can calculate the autocorrelation of Invesco Diversified returns to help us make a trade decision. For example, suppose you find that Invesco Diversified 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 Diversified 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 Diversified mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Diversified 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 Diversified mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Diversified Lagged Returns
When evaluating Invesco Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Diversified mutual fund have on its future price. Invesco Diversified 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 Diversified autocorrelation shows the relationship between Invesco Diversified mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Diversified Dividend.
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 Diversified 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 Diversified's short interest history, or implied volatility extrapolated from Invesco Diversified options trading.
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Invesco Diversified 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.