Invesco Etf Market Value

SPGP -  USA Etf  

USD 92.27  0.35  0.38%

Invesco SP's market value is the price at which a share of Invesco SP stock trades on a public exchange. It measures the collective expectations of Invesco SP 500 investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Invesco SP 500 and determine expected loss or profit from investing in Invesco SP over a given investment horizon. Additionally, take a look at Invesco SP Hype Analysis, Invesco SP Correlation, Portfolio Optimization, Invesco SP Volatility, as well as analyze Invesco SP Alpha and Beta and Invesco SP Performance.
Symbol
Backtest

The market value of Invesco SP 500 is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco SP's market value can be influenced by many factors that don't directly affect Invesco SP 500 underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco SP's value and its price as these two are different measures arrived at by different means. Investors typically determine Invesco SP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Invesco SP '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 SP's etf 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 SP.
0.00
12/02/2019
No Change 0.00  0.0 
In 1 year 10 months and 22 days
10/22/2021
0.00
If you would invest  0.00  in Invesco SP on December 2, 2019 and sell it all today you would earn a total of 0.00 from holding Invesco SP 500 or generate 0.0% return on investment in Invesco SP over 690 days. Invesco SP is related to or competes with Vanguard Mega. The investment seeks to track the investment results of the SP 500 GARP Index

Invesco SP 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 SP's etf 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 SP 500 upside and downside potential and time the market with a certain degree of confidence.

Invesco SP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco SP's standard deviation. In reality, there are many statistical measures that can use Invesco SP historical prices to predict the future Invesco SP's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Invesco SP'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. Please use the tools below to analyze the current value of Invesco SP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
91.5092.2192.92
Details
Intrinsic
Valuation
LowReal ValueHigh
90.8791.5892.29
Details
Naive
Forecast
LowNext ValueHigh
93.9194.6295.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
85.7989.7593.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco SP. Your research has to be compared to or analyzed against Invesco SP's peers to derive any actionable benefits. When done correctly, Invesco SP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Invesco SP 500.

Invesco SP 500 Backtested Returns

We consider Invesco SP very steady. Invesco SP 500 holds Efficiency (Sharpe) Ratio of 0.0596, which attests that the entity had 0.0596% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Invesco SP 500, which you can use to evaluate the future volatility of the entity. Please check out Invesco SP Risk Adjusted Performance of 0.0552, downside deviation of 0.7803, and Market Risk Adjusted Performance of 0.0632 to validate if the risk estimate we provide is consistent with the expected return of 0.0425%.
The etf retains a Market Volatility (i.e., Beta) of 0.8627, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Invesco's beta means in this case. Invesco SP returns are very sensitive to returns on the market. As the market goes up or down, Invesco SP is expected to follow. Although it is extremely important to respect Invesco SP 500 current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Invesco SP 500 technical indicators, you can presently evaluate if the expected return of 0.0425% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.14)   

Insignificant reverse predictability

Invesco SP 500 has insignificant reverse predictability. Overlapping area represents the amount of predictability between Invesco SP time series from 2nd of December 2019 to 11th of November 2020 and 11th of November 2020 to 22nd of October 2021. 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 SP 500 price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Invesco SP price fluctuation can be explain by its past prices. Given that Invesco SP 500 has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Invesco SP for similar time interval.
Correlation Coefficient-0.14
Spearman Rank Test-0.05
Residual Average0.0
Price Variance59.05

Invesco SP 500 lagged returns against current returns

Autocorrelation, which is Invesco SP etf'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 SP's etf expected returns. We can calculate the autocorrelation of Invesco SP returns to help us make a trade decision. For example, suppose you find that Invesco SP etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Invesco SP 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 SP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco SP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco SP etf over time.
 Current vs Lagged Prices 
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      Timeline 

Invesco SP Lagged Returns

When evaluating Invesco SP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco SP etf have on its future price. Invesco SP 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 SP autocorrelation shows the relationship between Invesco SP etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco SP 500.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco SP without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon
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Currently Active Assets on Macroaxis

Additionally, take a look at Invesco SP Hype Analysis, Invesco SP Correlation, Portfolio Optimization, Invesco SP Volatility, as well as analyze Invesco SP Alpha and Beta and Invesco SP Performance. Note that the Invesco SP 500 information on this page should be used as a complementary analysis to other Invesco SP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try CEO Directory module to screen CEOs from public companies around the world.

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When running Invesco SP 500 price analysis, check to measure Invesco SP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco SP is operating at the current time. Most of Invesco SP's value examination focuses on studying past and present price action to predict the probability of Invesco SP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Invesco SP's price. Additionally, you may evaluate how the addition of Invesco SP to your portfolios can decrease your overall portfolio volatility.
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Invesco SP technical etf 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, stock market cycles, or different charting patterns.
A focus of Invesco SP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Invesco SP trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...