Invesco Global Respons Fund Market Value
| VSQSX Fund | USD 16.16 0.08 0.49% |
| Symbol | Invesco |
Invesco Global '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 Global'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 Global.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in Invesco Global on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Global Respons or generate 0.0% return on investment in Invesco Global over 30 days. Invesco Global is related to or competes with Franklin Mutual, Vanguard Financials, Prudential Jennison, Davis Financial, John Hancock, and Fidelity Advisor. The fund invests, under normal circumstances, at least 80 percent of its net assets in equity securities represented in ... More
Invesco Global 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 Global'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 Global Respons upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7424 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.88 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 0.9792 |
Invesco Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Global's standard deviation. In reality, there are many statistical measures that can use Invesco Global historical prices to predict the future Invesco Global's volatility.| Risk Adjusted Performance | 0.0013 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Global'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 Global Respons Backtested Returns
We consider Invesco Global very steady. Invesco Global Respons holds Efficiency (Sharpe) Ratio of 5.0E-4, which attests that the entity had a 5.0E-4% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Global Respons, which you can use to evaluate the volatility of the entity. Please check out Invesco Global's Market Risk Adjusted Performance of (0.0002), downside deviation of 0.7424, and Risk Adjusted Performance of 0.0013 to validate if the risk estimate we provide is consistent with the expected return of 3.0E-4%. The fund retains a Market Volatility (i.e., Beta) of 0.95, which attests to possible diversification benefits within a given portfolio. Invesco Global returns are very sensitive to returns on the market. As the market goes up or down, Invesco Global is expected to follow.
Auto-correlation | 0.75 |
Good predictability
Invesco Global Respons has good predictability. Overlapping area represents the amount of predictability between Invesco Global time series from 21st of March 2024 to 5th of April 2024 and 5th of April 2024 to 20th of April 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 Global Respons price movement. The serial correlation of 0.75 indicates that around 75.0% of current Invesco Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Invesco Global Respons lagged returns against current returns
Autocorrelation, which is Invesco Global 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 Global's mutual fund expected returns. We can calculate the autocorrelation of Invesco Global returns to help us make a trade decision. For example, suppose you find that Invesco Global 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 Global 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 Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Global 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 Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Global Lagged Returns
When evaluating Invesco Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Global mutual fund have on its future price. Invesco Global 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 Global autocorrelation shows the relationship between Invesco Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Global Respons.
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.Check out Invesco Global Correlation, Invesco Global Volatility and Invesco Global Alpha and Beta module to complement your research on Invesco Global. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Invesco Global technical mutual fund 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, fund market cycles, or different charting patterns.