Invesco Etf Market Value

QQJG
 Etf
  

USD 18.53  0.01  0.05%   

Invesco ESG's market value is the price at which a share of Invesco ESG stock trades on a public exchange. It measures the collective expectations of Invesco ESG Nasdaq investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Invesco ESG Nasdaq and determine expected loss or profit from investing in Invesco ESG over a given investment horizon. Please see Invesco ESG Correlation, Invesco ESG Volatility and Invesco ESG Alpha and Beta module to complement your research on Invesco ESG.
Symbol

The market value of Invesco ESG Nasdaq 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is Invesco ESG'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 ESG's market value can be influenced by many factors that don't directly affect Invesco ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine Invesco ESG value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco ESG'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 ESG '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 ESG'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 ESG.
0.00
10/27/2022
No Change 0.00  0.0 
In 31 days
11/26/2022
0.00
If you would invest  0.00  in Invesco ESG on October 27, 2022 and sell it all today you would earn a total of 0.00 from holding Invesco ESG Nasdaq or generate 0.0% return on investment in Invesco ESG over 30 days. Invesco ESG is related to or competes with Invesco SP. The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying in... More

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

Invesco ESG Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco ESG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco ESG's standard deviation. In reality, there are many statistical measures that can use Invesco ESG historical prices to predict the future Invesco ESG's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Invesco ESG'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. Please use the tools below to analyze the current value of Invesco ESG in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
16.5818.5320.48
Details
Intrinsic
Valuation
LowReal ValueHigh
16.4518.4020.35
Details
Naive
Forecast
LowNext ValueHigh
16.9118.8620.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.4018.1518.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco ESG. Your research has to be compared to or analyzed against Invesco ESG's peers to derive any actionable benefits. When done correctly, Invesco ESG's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Invesco ESG Nasdaq.

Invesco ESG Nasdaq Backtested Returns

Invesco ESG Nasdaq holds Efficiency (Sharpe) Ratio of -0.0126, which attests that the entity had -0.0126% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Invesco ESG Nasdaq exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Invesco ESG market risk adjusted performance of (0.06), and Risk Adjusted Performance of (0.047644) to validate the risk estimate we provide.
The etf retains a Market Volatility (i.e., Beta) of 1.2272, which attests to a somewhat significant risk relative to the market. Let's try to break down what Invesco's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Invesco ESG will likely underperform. Even though it is essential to pay attention to Invesco ESG Nasdaq current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Invesco ESG Nasdaq exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.44  

Average predictability

Invesco ESG Nasdaq has average predictability. Overlapping area represents the amount of predictability between Invesco ESG time series from 27th of October 2022 to 11th of November 2022 and 11th of November 2022 to 26th of November 2022. 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 ESG Nasdaq price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Invesco ESG price fluctuation can be explain by its past prices.
Correlation Coefficient0.44
Spearman Rank Test-0.35
Residual Average0.0
Price Variance0.03

Invesco ESG Nasdaq lagged returns against current returns

Autocorrelation, which is Invesco ESG 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 ESG's etf expected returns. We can calculate the autocorrelation of Invesco ESG returns to help us make a trade decision. For example, suppose you find that Invesco ESG etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Invesco ESG 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 ESG etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco ESG etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco ESG etf over time.
   Current vs Lagged Prices   
Share
       Timeline  

Invesco ESG Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco ESG without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Currently Active Assets on Macroaxis

Please see Invesco ESG Correlation, Invesco ESG Volatility and Invesco ESG Alpha and Beta module to complement your research on Invesco ESG. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for analysis

When running Invesco ESG Nasdaq price analysis, check to measure Invesco ESG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco ESG is operating at the current time. Most of Invesco ESG's value examination focuses on studying past and present price action to predict the probability of Invesco ESG's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Invesco ESG's price. Additionally, you may evaluate how the addition of Invesco ESG to your portfolios can decrease your overall portfolio volatility.
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Invesco ESG 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 ESG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Invesco ESG 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...