Invesco Small Cap Fund Market Value
| VSMIX Fund | USD 25.47 0.05 0.20% |
| Symbol | Invesco |
Invesco Small '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 Small'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 Small.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in Invesco Small on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding Invesco Small Cap or generate 0.0% return on investment in Invesco Small over 720 days. Invesco Small is related to or competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, Invesco High, Oppenheimer Strategic, and Oppenheimer International. The fund invests, under normal circumstances, at least 80 percent of its net assets in securities of small capitalizatio... More
Invesco Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.16 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.07 |
Invesco Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Small's standard deviation. In reality, there are many statistical measures that can use Invesco Small historical prices to predict the future Invesco Small's volatility.| Risk Adjusted Performance | 0.0089 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.01) |
Invesco Small Cap Backtested Returns
Invesco Small Cap holds Efficiency (Sharpe) Ratio of -0.0239, which attests that the entity had a -0.0239% return per unit of risk over the last 3 months. Invesco Small Cap exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Small's Market Risk Adjusted Performance of 0.0043, risk adjusted performance of 0.0089, and Downside Deviation of 1.58 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Small is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
Invesco Small Cap has below average predictability. Overlapping area represents the amount of predictability between Invesco Small time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th 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 Small Cap price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Invesco Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 4.1 |
Invesco Small Cap lagged returns against current returns
Autocorrelation, which is Invesco Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Invesco Small returns to help us make a trade decision. For example, suppose you find that Invesco Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Small Lagged Returns
When evaluating Invesco Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Small mutual fund have on its future price. Invesco Small 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 Small autocorrelation shows the relationship between Invesco Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Small Cap.
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 Small 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 Small security.
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