Invesco MSCI (Germany) Market Value
| SC0I Etf | EUR 78.36 0.46 0.58% |
| Symbol | Invesco |
Invesco MSCI '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 MSCI'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 MSCI.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Invesco MSCI on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco MSCI Japan or generate 0.0% return on investment in Invesco MSCI over 30 days. Invesco MSCI is related to or competes with UBS Fund, Xtrackers, Xtrackers Nikkei, IShares VII, SPDR Gold, Vanguard Funds, and IShares Nikkei. The Fund aims to provide the performance of the MSCI Japan Total Return Index More
Invesco MSCI 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 MSCI'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 MSCI Japan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.11 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.97 |
Invesco MSCI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco MSCI's standard deviation. In reality, there are many statistical measures that can use Invesco MSCI historical prices to predict the future Invesco MSCI's volatility.| Risk Adjusted Performance | 0.0673 | |||
| Jensen Alpha | 0.0558 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2918 |
Invesco MSCI Japan Backtested Returns
At this point, Invesco MSCI is very steady. Invesco MSCI Japan holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco MSCI Japan, which you can use to evaluate the volatility of the entity. Please check out Invesco MSCI's Market Risk Adjusted Performance of 0.3018, risk adjusted performance of 0.0673, and Downside Deviation of 1.03 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The etf retains a Market Volatility (i.e., Beta) of 0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco MSCI is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
Invesco MSCI Japan has modest reverse predictability. Overlapping area represents the amount of predictability between Invesco MSCI time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 MSCI Japan price movement. The serial correlation of -0.49 indicates that about 49.0% of current Invesco MSCI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Invesco MSCI Japan lagged returns against current returns
Autocorrelation, which is Invesco MSCI 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 MSCI's etf expected returns. We can calculate the autocorrelation of Invesco MSCI returns to help us make a trade decision. For example, suppose you find that Invesco MSCI 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 |
| Timeline |
Invesco MSCI 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 MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco MSCI etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco MSCI Lagged Returns
When evaluating Invesco MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco MSCI etf have on its future price. Invesco MSCI 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 MSCI autocorrelation shows the relationship between Invesco MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco MSCI Japan.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Invesco Etf
Invesco MSCI financial ratios help investors to determine whether Invesco Etf 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 MSCI security.