Invesco Main Street Fund Market Value
| IOAPX Fund | USD 30.34 0.18 0.60% |
| Symbol | Invesco |
Invesco Main '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 Main'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 Main.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Invesco Main on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Main Street or generate 0.0% return on investment in Invesco Main over 30 days. Invesco Main is related to or competes with Aig Government, Us Government, Ridgeworth Seix, Short Term, and Sit Government. The fund invests primarily in common stock of U.S More
Invesco Main 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 Main'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 Main Street upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.731 | |||
| Information Ratio | 0.1007 | |||
| Maximum Drawdown | 4.34 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 1.22 |
Invesco Main Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Main's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Main's standard deviation. In reality, there are many statistical measures that can use Invesco Main historical prices to predict the future Invesco Main's volatility.| Risk Adjusted Performance | 0.1956 | |||
| Jensen Alpha | 0.1829 | |||
| Total Risk Alpha | 0.0722 | |||
| Sortino Ratio | 0.1009 | |||
| Treynor Ratio | 4.07 |
Invesco Main Street Backtested Returns
At this stage we consider Invesco Mutual Fund to be very steady. Invesco Main Street holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Main Street, which you can use to evaluate the volatility of the entity. Please check out Invesco Main's Downside Deviation of 0.731, risk adjusted performance of 0.1956, and Market Risk Adjusted Performance of 4.08 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. The fund retains a Market Volatility (i.e., Beta) of 0.0462, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Main's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Main is expected to be smaller as well.
Auto-correlation | -0.7 |
Very good reverse predictability
Invesco Main Street has very good reverse predictability. Overlapping area represents the amount of predictability between Invesco Main time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Main Street price movement. The serial correlation of -0.7 indicates that around 70.0% of current Invesco Main price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Invesco Main Street lagged returns against current returns
Autocorrelation, which is Invesco Main 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 Main's mutual fund expected returns. We can calculate the autocorrelation of Invesco Main returns to help us make a trade decision. For example, suppose you find that Invesco Main 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 Main 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 Main mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Main 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 Main mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Main Lagged Returns
When evaluating Invesco Main's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Main mutual fund have on its future price. Invesco Main 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 Main autocorrelation shows the relationship between Invesco Main mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Main Street.
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 Main 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 Main security.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Transaction History View history of all your transactions and understand their impact on performance | |
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| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |