Invesco Oppenheimer International Fund Market Value

INGFX Fund  USD 37.61  0.11  0.29%   
Invesco Oppenheimer's market value is the price at which a share of Invesco Oppenheimer trades on a public exchange. It measures the collective expectations of Invesco Oppenheimer International investors about its performance. Invesco Oppenheimer is trading at 37.61 as of the 4th of December 2024; that is 0.29% up since the beginning of the trading day. The fund's open price was 37.5.
With this module, you can estimate the performance of a buy and hold strategy of Invesco Oppenheimer International and determine expected loss or profit from investing in Invesco Oppenheimer over a given investment horizon. Check out Invesco Oppenheimer Correlation, Invesco Oppenheimer Volatility and Invesco Oppenheimer Alpha and Beta module to complement your research on Invesco Oppenheimer.
Symbol

Please note, there is a significant difference between Invesco Oppenheimer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Oppenheimer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Oppenheimer'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 Oppenheimer '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 Oppenheimer'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 Oppenheimer.
0.00
10/05/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/04/2024
0.00
If you would invest  0.00  in Invesco Oppenheimer on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Oppenheimer International or generate 0.0% return on investment in Invesco Oppenheimer over 60 days. Invesco Oppenheimer is related to or competes with Gabelli Convertible, Rational/pier, Rationalpier, Absolute Convertible, and Calamos Dynamic. The fund mainly invests in the common stock of growth companies that are domiciled or have their primary operations outs... More

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

Invesco Oppenheimer Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Oppenheimer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Oppenheimer's standard deviation. In reality, there are many statistical measures that can use Invesco Oppenheimer historical prices to predict the future Invesco Oppenheimer's volatility.
Hype
Prediction
LowEstimatedHigh
36.5737.5038.43
Details
Intrinsic
Valuation
LowRealHigh
36.7037.6338.56
Details
Naive
Forecast
LowNextHigh
37.1238.0538.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.3936.9137.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco Oppenheimer. Your research has to be compared to or analyzed against Invesco Oppenheimer's peers to derive any actionable benefits. When done correctly, Invesco Oppenheimer'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 Oppenheimer.

Invesco Oppenheimer Backtested Returns

Invesco Oppenheimer holds Efficiency (Sharpe) Ratio of -0.0176, which attests that the entity had a -0.0176% return per unit of risk over the last 3 months. Invesco Oppenheimer exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Oppenheimer's Market Risk Adjusted Performance of (0.11), standard deviation of 0.9497, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.61, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Oppenheimer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Oppenheimer is expected to be smaller as well.

Auto-correlation

    
  0.23  

Weak predictability

Invesco Oppenheimer International has weak predictability. Overlapping area represents the amount of predictability between Invesco Oppenheimer time series from 5th of October 2024 to 4th of November 2024 and 4th 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 Oppenheimer price movement. The serial correlation of 0.23 indicates that over 23.0% of current Invesco Oppenheimer price fluctuation can be explain by its past prices.
Correlation Coefficient0.23
Spearman Rank Test0.13
Residual Average0.0
Price Variance0.27

Invesco Oppenheimer lagged returns against current returns

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

Invesco Oppenheimer Lagged Returns

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

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Other Information on Investing in Invesco Mutual Fund

Invesco Oppenheimer 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 Oppenheimer security.
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