Invesco Trust For Stock Market Value
| VTN Stock | USD 10.71 0.05 0.47% |
| Symbol | Invesco |
Invesco Trust For Price To Book Ratio
Is Invesco Trust's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Trust. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Dividend Share 0.433 | Earnings Share 0.16 | Revenue Per Share 0.779 | Quarterly Revenue Growth 0.051 |
The market value of Invesco Trust For 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is Invesco Trust'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 Trust's market value can be influenced by many factors that don't directly affect Invesco Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Trust'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 Trust '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 Trust's stock 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 Trust.
| 02/16/2024 |
| 05/16/2024 |
If you would invest 0.00 in Invesco Trust on February 16, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Trust For or generate 0.0% return on investment in Invesco Trust over 90 days. Invesco Trust is related to or competes with Pimco New, Pimco New, BlackRock New, Invesco California, GAMCO Natural, Nuveen Pennsylvania, and Invesco Advantage. Invesco Trust for Investment Grade New York Municipals is a closed-ended fixed income mutual fund launched by Invesco Lt... More
Invesco Trust 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 Trust's stock 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 Trust For upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5758 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 1.81 | |||
| Value At Risk | (0.94) | |||
| Potential Upside | 0.5676 |
Invesco Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Trust's standard deviation. In reality, there are many statistical measures that can use Invesco Trust historical prices to predict the future Invesco Trust's volatility.| Risk Adjusted Performance | 0.032 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.1153 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Trust'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 Trust For Backtested Returns
We consider Invesco Trust very steady. Invesco Trust For holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Trust For, which you can use to evaluate the volatility of the firm. Please check out Invesco Trust's Market Risk Adjusted Performance of 0.1253, risk adjusted performance of 0.032, and Downside Deviation of 0.5758 to validate if the risk estimate we provide is consistent with the expected return of 0.0459%. Invesco Trust has a performance score of 8 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Trust is expected to be smaller as well. Invesco Trust For right now retains a risk of 0.41%. Please check out Invesco Trust treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to decide if Invesco Trust will be following its current trending patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
Invesco Trust For has very weak reverse predictability. Overlapping area represents the amount of predictability between Invesco Trust time series from 16th of February 2024 to 1st of April 2024 and 1st of April 2024 to 16th of May 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 Trust For price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Invesco Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Invesco Trust For lagged returns against current returns
Autocorrelation, which is Invesco Trust stock'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 Trust's stock expected returns. We can calculate the autocorrelation of Invesco Trust returns to help us make a trade decision. For example, suppose you find that Invesco Trust 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Invesco Trust 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 Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Trust stock over time.
Current vs Lagged Prices |
| Timeline |
Invesco Trust Lagged Returns
When evaluating Invesco Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Trust stock have on its future price. Invesco Trust 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 Trust autocorrelation shows the relationship between Invesco Trust stock current value and its past values and can show if there is a momentum factor associated with investing in Invesco Trust For.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Invesco Trust For offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Trust For Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Trust For Stock:Check out Invesco Trust Correlation, Invesco Trust Volatility and Invesco Trust Alpha and Beta module to complement your research on Invesco Trust. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Invesco Stock analysis
When running Invesco Trust's price analysis, check to measure Invesco Trust'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 Trust is operating at the current time. Most of Invesco Trust's value examination focuses on studying past and present price action to predict the probability of Invesco Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Trust's price. Additionally, you may evaluate how the addition of Invesco Trust to your portfolios can decrease your overall portfolio volatility.
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Invesco Trust technical stock 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.