Invesco Stock Fund Market Value
| ACSTX Fund | USD 32.25 0.13 0.40% |
| Symbol | Invesco |
Invesco Stock '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 Stock'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 Stock.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Invesco Stock on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Stock Fund or generate 0.0% return on investment in Invesco Stock over 360 days. Invesco Stock is related to or competes with Thrivent Natural, Calvert Global, Firsthand Alternative, Fidelity Advisor, Gmo Resources, and Energy Basic. The fund invests, under normal circumstances, at least 80 percent of its net assets in common stocks, and in derivatives... More
Invesco Stock 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 Stock'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 Stock Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4402 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.29 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 1.01 |
Invesco Stock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Stock's standard deviation. In reality, there are many statistical measures that can use Invesco Stock historical prices to predict the future Invesco Stock's volatility.| Risk Adjusted Performance | 0.1254 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | 9.0E-4 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1274 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Stock'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 Stock Backtested Returns
At this stage we consider Invesco Mutual Fund to be very steady. Invesco Stock holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Stock, which you can use to evaluate the volatility of the entity. Please check out Invesco Stock's Downside Deviation of 0.4402, market risk adjusted performance of 0.1374, and Risk Adjusted Performance of 0.1254 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. The fund retains a Market Volatility (i.e., Beta) of 0.85, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Stock's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Stock is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
Invesco Stock Fund has very good predictability. Overlapping area represents the amount of predictability between Invesco Stock time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Stock price movement. The serial correlation of 0.81 indicates that around 81.0% of current Invesco Stock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 1.29 |
Invesco Stock lagged returns against current returns
Autocorrelation, which is Invesco Stock 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 Stock's mutual fund expected returns. We can calculate the autocorrelation of Invesco Stock returns to help us make a trade decision. For example, suppose you find that Invesco Stock 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 Stock 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 Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Stock 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 Stock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Stock Lagged Returns
When evaluating Invesco Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Stock mutual fund have on its future price. Invesco Stock 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 Stock autocorrelation shows the relationship between Invesco Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Stock Fund.
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 Stock 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 Stock security.
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