Invesco Advantage Stock Forecast - 8 Period Moving Average

VKI Stock  USD 9.21  0.05  0.55%   
The 8 Period Moving Average forecasted value of Invesco Advantage MIT on the next trading day is expected to be 9.05 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 4.01. Invesco Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Invesco Advantage's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Invesco Advantage's Inventory Turnover is increasing as compared to previous years. The Invesco Advantage's current Payables Turnover is estimated to increase to 5.51, while Receivables Turnover is projected to decrease to 2.85. . The Invesco Advantage's current Net Income Applicable To Common Shares is estimated to increase to about 77.5 M, while Common Stock Shares Outstanding is projected to decrease to under 48.4 M.
An 8-period moving average forecast model for Invesco Advantage is based on an artificially constructed time series of Invesco Advantage daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Invesco Advantage 8 Period Moving Average Price Forecast For the 30th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Invesco Advantage MIT on the next trading day is expected to be 9.05 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 4.01.
Please note that although there have been many attempts to predict Invesco Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Invesco Advantage's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Invesco Advantage Stock Forecast Pattern

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Invesco Advantage Forecasted Value

In the context of forecasting Invesco Advantage's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Invesco Advantage's downside and upside margins for the forecasting period are 8.50 and 9.59, respectively. We have considered Invesco Advantage's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
9.21
9.05
Expected Value
9.59
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Invesco Advantage stock data series using in forecasting. Note that when a statistical model is used to represent Invesco Advantage stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria98.6251
BiasArithmetic mean of the errors 0.0029
MADMean absolute deviation0.0756
MAPEMean absolute percentage error0.0084
SAESum of the absolute errors4.0063
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Invesco Advantage MIT 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Invesco Advantage

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Invesco Advantage MIT. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
8.619.169.71
Details
Intrinsic
Valuation
LowRealHigh
8.088.639.18
Details

Other Forecasting Options for Invesco Advantage

For every potential investor in Invesco, whether a beginner or expert, Invesco Advantage's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Invesco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Invesco. Basic forecasting techniques help filter out the noise by identifying Invesco Advantage's price trends.

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 Risk & Return  Correlation

Invesco Advantage MIT Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Invesco Advantage's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Invesco Advantage's current price.

Invesco Advantage Market Strength Events

Market strength indicators help investors to evaluate how Invesco Advantage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Advantage shares will generate the highest return on investment. By undertsting and applying Invesco Advantage stock market strength indicators, traders can identify Invesco Advantage MIT entry and exit signals to maximize returns.

Invesco Advantage Risk Indicators

The analysis of Invesco Advantage's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Invesco Advantage's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting invesco stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Invesco Advantage MIT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Advantage'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 Advantage Mit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Advantage Mit Stock:
Check out Historical Fundamental Analysis of Invesco Advantage to cross-verify your projections.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Asset Management & Custody Banks space 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 Advantage. 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 Advantage 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
(0.25)
Dividend Share
0.384
Earnings Share
0.86
Revenue Per Share
0.721
Quarterly Revenue Growth
0.013
The market value of Invesco Advantage MIT 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 Advantage's value that differs from its market value or its book value, called intrinsic value, which is Invesco Advantage'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 Advantage's market value can be influenced by many factors that don't directly affect Invesco Advantage'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 Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Advantage'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.