Invesco Bloomberg Pricing Etf Market Value
| POWA Etf | 87.17 0.35 0.40% |
| Symbol | Invesco |
The market value of Invesco Bloomberg Pricing is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is Invesco Bloomberg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Bloomberg's market value can be influenced by many factors that don't directly affect Invesco Bloomberg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Bloomberg'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 Bloomberg '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 Bloomberg's etf 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 Bloomberg.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Invesco Bloomberg on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Bloomberg Pricing or generate 0.0% return on investment in Invesco Bloomberg over 30 days. Invesco Bloomberg is related to or competes with Invesco Actively, IShares Trust, Xtrackers MSCI, IShares MSCI, IShares MSCI, IShares ESG, and Global X. Invesco Bloomberg is entity of United States More
Invesco Bloomberg 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 Bloomberg's etf 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 Bloomberg Pricing upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7564 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 3.06 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.1 |
Invesco Bloomberg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Bloomberg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Bloomberg's standard deviation. In reality, there are many statistical measures that can use Invesco Bloomberg historical prices to predict the future Invesco Bloomberg's volatility.| Risk Adjusted Performance | 0.1079 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1231 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Bloomberg'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 Bloomberg Pricing Backtested Returns
At this point, Invesco Bloomberg is very steady. Invesco Bloomberg Pricing holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Invesco Bloomberg Pricing, which you can use to evaluate the volatility of the entity. Please check out Invesco Bloomberg's Market Risk Adjusted Performance of 0.1331, downside deviation of 0.7564, and Risk Adjusted Performance of 0.1079 to validate if the risk estimate we provide is consistent with the expected return of 0.0959%. The etf retains a Market Volatility (i.e., Beta) of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Bloomberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Bloomberg is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Invesco Bloomberg Pricing has excellent predictability. Overlapping area represents the amount of predictability between Invesco Bloomberg time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Bloomberg Pricing price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Invesco Bloomberg price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 1.46 |
Invesco Bloomberg Pricing lagged returns against current returns
Autocorrelation, which is Invesco Bloomberg etf'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 Bloomberg's etf expected returns. We can calculate the autocorrelation of Invesco Bloomberg returns to help us make a trade decision. For example, suppose you find that Invesco Bloomberg has exhibited high autocorrelation historically, and you observe that the etf 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 |
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Invesco Bloomberg 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 Bloomberg etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Bloomberg etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Bloomberg etf over time.
Current vs Lagged Prices |
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Invesco Bloomberg Lagged Returns
When evaluating Invesco Bloomberg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Bloomberg etf have on its future price. Invesco Bloomberg 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 Bloomberg autocorrelation shows the relationship between Invesco Bloomberg etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco Bloomberg Pricing.
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.When determining whether Invesco Bloomberg Pricing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Bloomberg's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Bloomberg Pricing Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Bloomberg Pricing Etf:Check out Invesco Bloomberg Correlation, Invesco Bloomberg Volatility and Invesco Bloomberg Alpha and Beta module to complement your research on Invesco Bloomberg. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Invesco Bloomberg technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.