Invesco Phlx Semiconductor Etf Market Value
| SOXQ Etf | USD 64.69 0.33 0.51% |
| Symbol | Invesco |
The market value of Invesco PHLX Semicon 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 PHLX's value that differs from its market value or its book value, called intrinsic value, which is Invesco PHLX's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Invesco PHLX's market value can be influenced by many factors that don't directly affect Invesco PHLX'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 PHLX's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco PHLX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Invesco PHLX's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Invesco PHLX '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 PHLX'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 PHLX.
| 11/25/2025 |
| 02/23/2026 |
If you would invest 0.00 in Invesco PHLX on November 25, 2025 and sell it all today you would earn a total of 0.00 from holding Invesco PHLX Semiconductor or generate 0.0% return on investment in Invesco PHLX over 90 days. Invesco PHLX is related to or competes with IShares Russell, IShares Russell, IShares Russell, IShares Russell, IShares Russell, WisdomTree Quality, and IShares ESG. The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying in... More
Invesco PHLX 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 PHLX'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 PHLX Semiconductor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.1121 | |||
| Maximum Drawdown | 9.71 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 3.18 |
Invesco PHLX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco PHLX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco PHLX's standard deviation. In reality, there are many statistical measures that can use Invesco PHLX historical prices to predict the future Invesco PHLX's volatility.| Risk Adjusted Performance | 0.1211 | |||
| Jensen Alpha | 0.2003 | |||
| Total Risk Alpha | 0.1116 | |||
| Sortino Ratio | 0.1044 | |||
| Treynor Ratio | 0.2045 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco PHLX'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 PHLX February 23, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1211 | |||
| Market Risk Adjusted Performance | 0.2145 | |||
| Mean Deviation | 1.58 | |||
| Semi Deviation | 1.88 | |||
| Downside Deviation | 2.25 | |||
| Coefficient Of Variation | 664.65 | |||
| Standard Deviation | 2.1 | |||
| Variance | 4.4 | |||
| Information Ratio | 0.1121 | |||
| Jensen Alpha | 0.2003 | |||
| Total Risk Alpha | 0.1116 | |||
| Sortino Ratio | 0.1044 | |||
| Treynor Ratio | 0.2045 | |||
| Maximum Drawdown | 9.71 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 3.18 | |||
| Downside Variance | 5.07 | |||
| Semi Variance | 3.52 | |||
| Expected Short fall | (1.66) | |||
| Skewness | (0.33) | |||
| Kurtosis | 0.6869 |
Invesco PHLX Semicon Backtested Returns
Invesco PHLX appears to be very steady, given 3 months investment horizon. Invesco PHLX Semicon holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco PHLX Semicon, which you can use to evaluate the volatility of the entity. Please utilize Invesco PHLX's Market Risk Adjusted Performance of 0.2145, downside deviation of 2.25, and Risk Adjusted Performance of 0.1211 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 1.49, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Invesco PHLX will likely underperform.
Auto-correlation | 0.41 |
Average predictability
Invesco PHLX Semiconductor has average predictability. Overlapping area represents the amount of predictability between Invesco PHLX time series from 25th of November 2025 to 9th of January 2026 and 9th of January 2026 to 23rd of February 2026. 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 PHLX Semicon price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Invesco PHLX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 2.8 |
Pair Trading with Invesco PHLX
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco PHLX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco PHLX will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Etf
Moving against Invesco Etf
| 0.72 | MPAY | Exchange Traded Concepts | PairCorr |
| 0.69 | IGV | iShares Expanded Tech | PairCorr |
| 0.61 | CIBR | First Trust NASDAQ | PairCorr |
| 0.53 | FDN | First Trust Dow | PairCorr |
The ability to find closely correlated positions to Invesco PHLX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco PHLX when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco PHLX - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco PHLX Semiconductor to buy it.
The correlation of Invesco PHLX is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco PHLX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco PHLX Semicon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco PHLX can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Invesco PHLX Correlation, Invesco PHLX Volatility and Invesco PHLX Performance module to complement your research on Invesco PHLX. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Invesco PHLX 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.