Invesco Mortgage Correlations

IVR
 Stock
  

USD 17.18  0.17  0.98%   

The correlation of Invesco Mortgage is a statistical measure of how it moves in relation to other equities. 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 Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Mortgage Capital 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.
Please see Risk vs Return Analysis.
  
The ability to find closely correlated positions to Invesco Mortgage 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 Mortgage 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 Mortgage - 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 Mortgage Capital to buy it.

Moving together with Invesco Mortgage

0.85ABRArbor Realty TrustPairCorr
0.82ACREAres Commercial RealPairCorr
0.91AGNCAgnc Investment CorpPairCorr
0.72AOMRAngel Oak MortgagePairCorr
0.93ARIApollo Commercial RealPairCorr
0.94ARRArmour ResidentialPairCorr
0.86BRMKBroadmark Realty CapitalPairCorr
0.87CIMChimera Investment CorpPairCorr
0.83DXDynex CapitalPairCorr
0.9EARNEllington ResidentialPairCorr
0.69FBRTFranklin Bsp RealtyPairCorr

Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
CVXCAT
NCMIIRBT
CATVLDR
CVXVLDR
MMMVLDR
MMMNCMI
  
High negative correlations   
PFENCMI
PFEIRBT

Invesco Mortgage Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Invesco Mortgage stock performing well and Invesco Mortgage company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Invesco Mortgage's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
GOOGL 1.95  0.00  0.02  0.07  2.22  0.0173 (2.07)  4.20 (3.92)  10.75 
A 1.80  0.14  0.08  0.18  1.89  0.07 (2.03)  4.22 (3.15)  8.98 
VLDR 5.21  0.36  0.07  0.21  6.28  0.06 (5.47)  11.64 (9.52)  34.49 
IRBT 3.20  0.32  0.10  0.26  3.40  0.08 (3.63)  6.53 (5.22)  19.17 
NCMI 4.64  0.20  0.04  0.16  6.00  0.0454 (5.00)  9.73 (8.26)  38.74 
MMM 1.08  0.00 (0.02)  0.07  1.38 (0.0161) (1.11)  2.50 (2.13)  6.70 
PFE 1.31 (0.01) (0.01)  0.06  1.73 (0.0143) (1.25)  3.00 (3.17)  7.74 
CAT 1.79 (0.11)  0.00 (0.01)  0.00 (0.0382)  0.00  3.82 (4.35)  11.37 
CVX 1.75 (0.04) (0.02)  0.02  2.34 (0.0222) (1.68)  3.06 (4.35)  11.62 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco Mortgage without increasing your portfolio risk or giving up 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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Invesco Mortgage Corporate Directors

Invesco Mortgage corporate directors refer to members of an Invesco Mortgage board of directors. The board of directors generally takes responsibility for the Invesco Mortgage's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Invesco Mortgage's board members must vote for the resolution. The Invesco Mortgage board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mark Armour - DirectorProfile
John Day - Non-Executive Independent DirectorProfile
Dennis Lockhart - Non-Executive Independent DirectorProfile
James Lientz - Non-Executive Independent DirectorProfile

Invested in Invesco Mortgage Capital?

You need to understand the risk of investing before taking a position in Invesco Mortgage. The danger of trading Invesco Mortgage Capital is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Invesco Mortgage is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Invesco Mortgage. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco Mortgage Capital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. Note that the Invesco Mortgage Capital information on this page should be used as a complementary analysis to other Invesco Mortgage's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Invesco Stock analysis

When running Invesco Mortgage Capital price analysis, check to measure Invesco Mortgage'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 Mortgage is operating at the current time. Most of Invesco Mortgage's value examination focuses on studying past and present price action to predict the probability of Invesco Mortgage's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Invesco Mortgage's price. Additionally, you may evaluate how the addition of Invesco Mortgage to your portfolios can decrease your overall portfolio volatility.
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Is Invesco Mortgage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Mortgage. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Mortgage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.69
Market Capitalization
567.4 M
Quarterly Revenue Growth YOY
-0.33
Return On Assets
-0.0508
Return On Equity
-0.3
The market value of Invesco Mortgage Capital 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is Invesco Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect Invesco Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine Invesco Mortgage value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Mortgage'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.