Invesco Sp 500 Etf Price on August 7, 2023

PXLG Etf  USD 106.00  0.16  0.15%   
Below is the normalized historical share price chart for Invesco SP 500 extending back to June 16, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco SP stands at 106.00, as last reported on the 27th of December, with the highest price reaching 106.11 and the lowest price hitting 105.29 during the day.
3 y Volatility
12.69
200 Day MA
56.71
50 Day MA
56.71
Inception Date
2011-06-16
Beta
1.07
 
Yuan Drop
 
Covid
If you're considering investing in Invesco Etf, it is important to understand the factors that can impact its price. At this point, Invesco SP is very steady. Invesco SP 500 holds Efficiency (Sharpe) Ratio of 0.0328, which attests that the entity had a 0.0328% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco SP 500, which you can use to evaluate the volatility of the entity. Please check out Invesco SP's Downside Deviation of 0.8972, market risk adjusted performance of 0.1715, and Risk Adjusted Performance of 0.0347 to validate if the risk estimate we provide is consistent with the expected return of 0.0309%.
  
Invesco Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0328

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Negative ReturnsPXLG

Estimated Market Risk

 0.94
  actual daily
8
92% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Invesco SP is performing at about 2% 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.
Average Mkt Cap Mil
USD 31940

Invesco SP Valuation on August 7, 2023

It is possible to determine the worth of Invesco SP on a given historical date. On August 7, 2023 Invesco was worth 92.52 at the beginning of the trading date compared to the closed value of 92.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco SP etf. Still, in general, we apply an absolute valuation method to find Invesco SP's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco SP's related companies.
 Open High Low Close Volume
  92.55    93.28    92.06    92.17    189,600  
08/07/2023
  92.52    92.88    92.37    92.82    168,200  
  91.75    92.55    91.24    92.46    232,100  
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Open Value
92.52
92.82
Closing Value
95.35
Upside

Invesco SP Trading Date Momentum on August 7, 2023

On August 08 2023 Invesco SP 500 was traded for  92.46  at the closing time. The top price for the day was 92.55  and the lowest listed price was  91.24 . The trading volume for the day was 232.1 K. The trading history from August 8, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.39% . The trading delta at closing time against the current closing price is 2.07% .

Invesco SP 500 Fundamentals Correlations and Trends

By evaluating Invesco SP's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Invesco SP's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Invesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Invesco SP Etf history

Invesco SP investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco SP 500 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco SP stock prices may prove useful in developing a viable investing in Invesco SP

Invesco SP Etf Technical Analysis

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, etf 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...

Price Boundaries

Invesco SP Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Invesco SP 500 cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Invesco SP December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Invesco SP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco SP shares will generate the highest return on investment. By undertsting and applying Invesco SP etf market strength indicators, traders can identify Invesco SP 500 entry and exit signals to maximize returns

Invesco SP Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Invesco SP's price direction in advance. Along with the technical and fundamental analysis of Invesco Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Invesco SP 500 is a strong investment it is important to analyze Invesco SP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco SP's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment 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.