Invesco Diversified Dividend Fund Market Value

LCEYX Fund  USD 20.76  0.07  0.34%   
Invesco Diversified's market value is the price at which a share of Invesco Diversified trades on a public exchange. It measures the collective expectations of Invesco Diversified Dividend investors about its performance. Invesco Diversified is trading at 20.76 as of the 5th of December 2024; that is 0.34% up since the beginning of the trading day. The fund's open price was 20.69.
With this module, you can estimate the performance of a buy and hold strategy of Invesco Diversified Dividend and determine expected loss or profit from investing in Invesco Diversified over a given investment horizon. Check out Invesco Diversified Correlation, Invesco Diversified Volatility and Invesco Diversified Alpha and Beta module to complement your research on Invesco Diversified.
Symbol

Please note, there is a significant difference between Invesco Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Diversified'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 Diversified '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 Diversified'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 Diversified.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Invesco Diversified on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Diversified Dividend or generate 0.0% return on investment in Invesco Diversified over 30 days. Invesco Diversified is related to or competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, Invesco High, Oppenheimer Strategic, and Oppenheimer International. The fund invests primarily in dividend-paying equity securities More

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

Invesco Diversified Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Diversified's standard deviation. In reality, there are many statistical measures that can use Invesco Diversified historical prices to predict the future Invesco Diversified's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Diversified'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.
Hype
Prediction
LowEstimatedHigh
20.1020.6921.28
Details
Intrinsic
Valuation
LowRealHigh
19.9320.5221.11
Details
Naive
Forecast
LowNextHigh
20.1420.7321.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.3820.5820.78
Details

Invesco Diversified Backtested Returns

At this stage we consider Invesco Mutual Fund to be very steady. Invesco Diversified holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Diversified, which you can use to evaluate the volatility of the entity. Please check out Invesco Diversified's Downside Deviation of 0.5478, market risk adjusted performance of 3.86, and Risk Adjusted Performance of 0.0849 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The fund retains a Market Volatility (i.e., Beta) of 0.0162, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Diversified's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Diversified is expected to be smaller as well.

Auto-correlation

    
  0.73  

Good predictability

Invesco Diversified Dividend has good predictability. Overlapping area represents the amount of predictability between Invesco Diversified time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Diversified price movement. The serial correlation of 0.73 indicates that around 73.0% of current Invesco Diversified price fluctuation can be explain by its past prices.
Correlation Coefficient0.73
Spearman Rank Test-0.27
Residual Average0.0
Price Variance0.02

Invesco Diversified lagged returns against current returns

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

Invesco Diversified Lagged Returns

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

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Other Information on Investing in Invesco Mutual Fund

Invesco Diversified 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 Diversified security.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon