Invesco Growth And Fund Market Value

GIFFX Fund  USD 21.69  0.18  0.84%   
Invesco Growth's market value is the price at which a share of Invesco Growth trades on a public exchange. It measures the collective expectations of Invesco Growth And investors about its performance. Invesco Growth is trading at 21.69 as of the 24th of December 2024; that is 0.84% up since the beginning of the trading day. The fund's open price was 21.51.
With this module, you can estimate the performance of a buy and hold strategy of Invesco Growth And and determine expected loss or profit from investing in Invesco Growth over a given investment horizon. Check out Invesco Growth Correlation, Invesco Growth Volatility and Invesco Growth Alpha and Beta module to complement your research on Invesco Growth.
Symbol

Please note, there is a significant difference between Invesco Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Growth'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.

Invesco Growth '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 Growth'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 Growth.
0.00
01/04/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/24/2024
0.00
If you would invest  0.00  in Invesco Growth on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Invesco Growth And or generate 0.0% return on investment in Invesco Growth over 720 days. Invesco Growth is related to or competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, Invesco High, Oppenheimer Strategic, and Oppenheimer International. Under normal market conditions, the funds investment adviser seeks to achieve the funds investment objective by investin... More

Invesco Growth 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 Growth'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 Growth And upside and downside potential and time the market with a certain degree of confidence.

Invesco Growth Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Growth's standard deviation. In reality, there are many statistical measures that can use Invesco Growth historical prices to predict the future Invesco Growth's volatility.
Hype
Prediction
LowEstimatedHigh
20.2821.6923.10
Details
Intrinsic
Valuation
LowRealHigh
20.6222.0323.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco Growth. Your research has to be compared to or analyzed against Invesco Growth's peers to derive any actionable benefits. When done correctly, Invesco Growth's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Invesco Growth And.

Invesco Growth And Backtested Returns

Invesco Growth And holds Efficiency (Sharpe) Ratio of -0.0515, which attests that the entity had a -0.0515% return per unit of risk over the last 3 months. Invesco Growth And exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Growth's Market Risk Adjusted Performance of (0.08), risk adjusted performance of (0.05), and Standard Deviation of 1.38 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 1.07, which attests to a somewhat significant risk relative to the market. Invesco Growth returns are very sensitive to returns on the market. As the market goes up or down, Invesco Growth is expected to follow.

Auto-correlation

    
  0.12  

Insignificant predictability

Invesco Growth And has insignificant predictability. Overlapping area represents the amount of predictability between Invesco Growth time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th 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 Growth And price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Invesco Growth price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test0.31
Residual Average0.0
Price Variance1.56

Invesco Growth And lagged returns against current returns

Autocorrelation, which is Invesco Growth 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 Growth's mutual fund expected returns. We can calculate the autocorrelation of Invesco Growth returns to help us make a trade decision. For example, suppose you find that Invesco Growth 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 Growth 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 Growth mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Growth 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 Growth mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Invesco Growth Lagged Returns

When evaluating Invesco Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Growth mutual fund have on its future price. Invesco Growth 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 Growth autocorrelation shows the relationship between Invesco Growth mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Growth And.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Invesco Mutual Fund

Invesco Growth 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 Growth security.
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