Invesco Discovery Mid Fund Statistic Functions Beta

DMCFX Fund  USD 30.16  0.13  0.43%   
Invesco Discovery statistic functions tool provides the execution environment for running the Beta function and other technical functions against Invesco Discovery. Invesco Discovery value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Invesco Discovery statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Invesco Discovery Mid correlated with the market. If Beta is less than 0 Invesco Discovery generally moves in the opposite direction as compared to the market. If Invesco Discovery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Discovery Mid is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Discovery is generally in the same direction as the market. If Beta > 1 Invesco Discovery moves generally in the same direction as, but more than the movement of the benchmark.

Invesco Discovery Technical Analysis Modules

Most technical analysis of Invesco Discovery help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Invesco from various momentum indicators to cycle indicators. When you analyze Invesco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Invesco Discovery Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Invesco Discovery Mid. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Discovery Mid based on widely used predictive technical indicators. In general, we focus on analyzing Invesco Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Invesco Discovery's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Invesco Discovery's intrinsic value. In addition to deriving basic predictive indicators for Invesco Discovery, we also check how macroeconomic factors affect Invesco Discovery price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
28.9230.1131.30
Details
Intrinsic
Valuation
LowRealHigh
29.0530.2431.43
Details
Naive
Forecast
LowNextHigh
27.5828.7729.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.4031.3233.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco Discovery. Your research has to be compared to or analyzed against Invesco Discovery's peers to derive any actionable benefits. When done correctly, Invesco Discovery's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Invesco Discovery Mid.

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Other Information on Investing in Invesco Mutual Fund

Invesco Discovery 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 Discovery security.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance