Invesco Limited Term Fund Market Value
| ATFYX Fund | USD 11.03 0.01 0.09% |
| Symbol | Invesco |
Invesco Limited '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 Limited'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 Limited.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Invesco Limited on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Limited Term or generate 0.0% return on investment in Invesco Limited over 90 days. Invesco Limited is related to or competes with Deutsche Health, Vanguard Health, Alger Health, Allianzgi Health, and Delaware Healthcare. The fund invests, under normal circumstances, at least 80 percent of its net assets in municipal debt securities that pa... More
Invesco Limited 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 Limited'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 Limited Term upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2152 | |||
| Information Ratio | (0.94) | |||
| Maximum Drawdown | 0.8194 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.1832 |
Invesco Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Limited's standard deviation. In reality, there are many statistical measures that can use Invesco Limited historical prices to predict the future Invesco Limited's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.55) | |||
| Treynor Ratio | 0.108 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Invesco Limited'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 Limited Term Backtested Returns
At this stage we consider Invesco Mutual Fund to be very steady. Invesco Limited Term holds Efficiency (Sharpe) Ratio of 0.0454, which attests that the entity had a 0.0454% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Limited Term, which you can use to evaluate the volatility of the entity. Please check out Invesco Limited's Risk Adjusted Performance of (0.01), market risk adjusted performance of 0.118, and Downside Deviation of 0.2152 to validate if the risk estimate we provide is consistent with the expected return of 0.0058%. The fund retains a Market Volatility (i.e., Beta) of -0.0393, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Limited are expected to decrease at a much lower rate. During the bear market, Invesco Limited is likely to outperform the market.
Auto-correlation | -0.36 |
Poor reverse predictability
Invesco Limited Term has poor reverse predictability. Overlapping area represents the amount of predictability between Invesco Limited time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Limited Term price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Invesco Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Limited Term lagged returns against current returns
Autocorrelation, which is Invesco Limited 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 Limited's mutual fund expected returns. We can calculate the autocorrelation of Invesco Limited returns to help us make a trade decision. For example, suppose you find that Invesco Limited 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 Limited 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 Limited mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Limited 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 Limited mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Invesco Limited Lagged Returns
When evaluating Invesco Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Limited mutual fund have on its future price. Invesco Limited 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 Limited autocorrelation shows the relationship between Invesco Limited mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Invesco Limited Term.
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 Limited 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 Limited security.
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