Invesco Mutual Fund Alpha and Beta Analysis
| PXQIX Fund | USD 12.74 0.01 0.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Invesco Select Risk. It also helps investors analyze the systematic and unsystematic risks associated with investing in Invesco Select over a specified time horizon. Remember, high Invesco Select's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Beta 0.15 | Alpha (0.05) | Risk 0.6 | Sharpe Ratio (0.0468) | Expected Return (0.0279) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Invesco |
Invesco Select Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Invesco Select market risk premium is the additional return an investor will receive from holding Invesco Select long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Invesco Select's performance over market.| α | -0.05 | β | 0.15 |
Invesco Select expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Invesco Select's Buy-and-hold return. Our buy-and-hold chart shows how Invesco Select performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Invesco Select Market Price Analysis
Market price analysis indicators help investors to evaluate how Invesco Select mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Select shares will generate the highest return on investment. By understating and applying Invesco Select mutual fund market price indicators, traders can identify Invesco Select position entry and exit signals to maximize returns.
Invesco Select Return and Market Media
The median price of Invesco Select for the period between Sun, Jun 25, 2023 and Sat, Sep 23, 2023 is 13.15 with a coefficient of variation of 1.55. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 13.2, and mean deviation of 0.18. The Fund did not receive any noticable media coverage during the period. Price Growth (%) |
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About Invesco Select Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Invesco or other funds. Alpha measures the amount that position in Invesco Select Risk has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
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 Select 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 Select's short interest history, or implied volatility extrapolated from Invesco Select options trading.
Build Portfolio with Invesco Select
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Invesco Select Backtesting, Portfolio Optimization, Invesco Select Correlation, Invesco Select Hype Analysis, Invesco Select Volatility, Invesco Select History and analyze Invesco Select Performance. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Invesco Mutual Fund analysis
When running Invesco Select's price analysis, check to measure Invesco Select'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 Select is operating at the current time. Most of Invesco Select's value examination focuses on studying past and present price action to predict the probability of Invesco Select'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 Select's price. Additionally, you may evaluate how the addition of Invesco Select to your portfolios can decrease your overall portfolio volatility.
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