Invesco Ftse Rafi Etf Market Value

PRF Etf  USD 40.90  0.41  1.01%   
Invesco FTSE's market value is the price at which a share of Invesco FTSE trades on a public exchange. It measures the collective expectations of Invesco FTSE RAFI investors about its performance. Invesco FTSE is trading at 40.90 as of the 11th of October 2024. This is a 1.01 percent increase since the beginning of the trading day. The etf's lowest day price was 40.61.
With this module, you can estimate the performance of a buy and hold strategy of Invesco FTSE RAFI and determine expected loss or profit from investing in Invesco FTSE over a given investment horizon. Check out Invesco FTSE Correlation, Invesco FTSE Volatility and Invesco FTSE Alpha and Beta module to complement your research on Invesco FTSE.
Symbol

The market value of Invesco FTSE RAFI 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 FTSE's value that differs from its market value or its book value, called intrinsic value, which is Invesco FTSE'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 FTSE's market value can be influenced by many factors that don't directly affect Invesco FTSE'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 FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco FTSE'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 FTSE '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 FTSE'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 FTSE.
0.00
09/11/2024
No Change 0.00  0.0 
In 31 days
10/11/2024
0.00
If you would invest  0.00  in Invesco FTSE on September 11, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco FTSE RAFI or generate 0.0% return on investment in Invesco FTSE over 30 days. Invesco FTSE is related to or competes with Invesco FTSE, Invesco FTSE, Invesco Dynamic, and Invesco Dynamic. The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index More

Invesco FTSE 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 FTSE'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 FTSE RAFI upside and downside potential and time the market with a certain degree of confidence.

Invesco FTSE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco FTSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco FTSE's standard deviation. In reality, there are many statistical measures that can use Invesco FTSE historical prices to predict the future Invesco FTSE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco FTSE'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.
Hype
Prediction
LowEstimatedHigh
39.6840.4941.30
Details
Intrinsic
Valuation
LowRealHigh
39.2840.0940.90
Details
Naive
Forecast
LowNextHigh
39.6740.4841.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
38.8739.9341.00
Details

Invesco FTSE RAFI Backtested Returns

At this point, Invesco FTSE is very steady. Invesco FTSE RAFI holds Efficiency (Sharpe) Ratio of 0.0817, which attests that the entity had a 0.0817% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco FTSE RAFI, which you can use to evaluate the volatility of the entity. Please check out Invesco FTSE's Downside Deviation of 0.8786, market risk adjusted performance of 0.0934, and Risk Adjusted Performance of 0.0903 to validate if the risk estimate we provide is consistent with the expected return of 0.0663%. The etf retains a Market Volatility (i.e., Beta) of 0.94, which attests to possible diversification benefits within a given portfolio. Invesco FTSE returns are very sensitive to returns on the market. As the market goes up or down, Invesco FTSE is expected to follow.

Auto-correlation

    
  0.24  

Weak predictability

Invesco FTSE RAFI has weak predictability. Overlapping area represents the amount of predictability between Invesco FTSE time series from 11th of September 2024 to 26th of September 2024 and 26th of September 2024 to 11th of October 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 FTSE RAFI price movement. The serial correlation of 0.24 indicates that over 24.0% of current Invesco FTSE price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.34
Residual Average0.0
Price Variance0.03

Invesco FTSE RAFI lagged returns against current returns

Autocorrelation, which is Invesco FTSE 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 FTSE's etf expected returns. We can calculate the autocorrelation of Invesco FTSE returns to help us make a trade decision. For example, suppose you find that Invesco FTSE 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 FTSE 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 FTSE etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco FTSE etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco FTSE etf over time.
   Current vs Lagged Prices   
       Timeline  

Invesco FTSE Lagged Returns

When evaluating Invesco FTSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco FTSE etf have on its future price. Invesco FTSE 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 FTSE autocorrelation shows the relationship between Invesco FTSE etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco FTSE RAFI.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

When determining whether Invesco FTSE RAFI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco FTSE'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 Ftse Rafi Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Ftse Rafi Etf:
Check out Invesco FTSE Correlation, Invesco FTSE Volatility and Invesco FTSE Alpha and Beta module to complement your research on Invesco FTSE.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Invesco FTSE 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.
A focus of Invesco FTSE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Invesco FTSE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...