Invesco Porate Bond Fund Market Value
| ACCEX Fund | USD 6.36 0.01 0.16% |
| Symbol | Invesco |
Invesco Corporate '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 Corporate's mutual fund 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 Corporate.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Invesco Corporate on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Porate Bond or generate 0.0% return on investment in Invesco Corporate over 30 days. Invesco Corporate is related to or competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, Invesco High, Oppenheimer Strategic, and Oppenheimer International. The fund invests, under normal circumstances, at least 80 percent of its net assets in corporate bonds, and in derivativ... More
Invesco Corporate 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 Corporate's mutual fund 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 Porate Bond upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3659 | |||
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.27 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.4747 |
Invesco Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Corporate's standard deviation. In reality, there are many statistical measures that can use Invesco Corporate historical prices to predict the future Invesco Corporate's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.3522 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Corporate'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 Porate Bond Backtested Returns
Invesco Porate Bond holds Efficiency (Sharpe) Ratio of -0.0476, which attests that the entity had a -0.0476% return per unit of risk over the last 3 months. Invesco Porate Bond exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Corporate's Market Risk Adjusted Performance of 0.3622, risk adjusted performance of (0.01), and Downside Deviation of 0.3659 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0271, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Corporate are expected to decrease at a much lower rate. During the bear market, Invesco Corporate is likely to outperform the market.
Auto-correlation | -0.46 |
Modest reverse predictability
Invesco Porate Bond has modest reverse predictability. Overlapping area represents the amount of predictability between Invesco Corporate time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Porate Bond price movement. The serial correlation of -0.46 indicates that about 46.0% of current Invesco Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Porate Bond lagged returns against current returns
Autocorrelation, which is Invesco Corporate mutual fund'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 Corporate's mutual fund expected returns. We can calculate the autocorrelation of Invesco Corporate returns to help us make a trade decision. For example, suppose you find that Invesco Corporate has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Corporate 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 Corporate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Corporate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Corporate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Corporate Lagged Returns
When evaluating Invesco Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Corporate mutual fund have on its future price. Invesco Corporate 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 Corporate autocorrelation shows the relationship between Invesco Corporate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Porate Bond.
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.Other Information on Investing in Invesco Mutual Fund
Invesco Corporate financial ratios help investors to determine whether Invesco Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco Corporate security.
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