Invesco Etf Performance

SPGP -  USA Etf  

USD 92.27  0.35  0.38%

The etf retains a Market Volatility (i.e., Beta) of 0.8635, 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 0.0428% will be sustainable into the future.

Invesco Etf Performance 

 
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 Invesco Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco SP 500 are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, Invesco SP is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the insiders. ...more

Invesco Price Channel

Fifty Two Week Low59.08
Fifty Two Week High93.38

Invesco SP Relative Risk vs. Return Landscape

If you would invest  8,988  in Invesco SP 500 on July 26, 2021 and sell it today you would earn a total of  239.00  from holding Invesco SP 500 or generate 2.66% return on investment over 90 days. Invesco SP 500 is currently generating 0.0428% in daily expected returns and assumes 0.7055% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Invesco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Invesco SP is expected to generate 1.0 times more return on investment than the market. However, the company is 1.0 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

Invesco SP Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco SP 500, and traders can use it to determine the average amount a Invesco SP's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0607

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Estimated Market Risk
 0.71
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.04
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 0 %
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Risk-Adjusted Return
 0.06
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 4 %
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44
Based on monthly moving average Invesco SP is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco SP by adding it to a well-diversified portfolio.

About Invesco SP Performance

To evaluate Invesco SP 500 Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Invesco SP generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Invesco Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Invesco SP 500 stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Invesco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The investment seeks to track the investment results of the SP 500 GARP Index . Invesco SP is traded on NYSEArca Exchange in the United States.

Things to note about Invesco SP 500

Checking the ongoing alerts about Invesco SP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Invesco SP 500 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Invesco SP Alerts

Equity Alerts and Improvement Suggestions

Invesco SP 500 is unlikely to experience financial distress in the next 2 years
The fund maintains all of its assets in stocks
Additionally, take a look at World Market Map. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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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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.