GBp 23,823  189.00  0.79%   

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

Please note, there is a significant difference between INVESCO MARKETS's value and its price as these two are different measures arrived at by different means. Investors typically determine INVESCO MARKETS value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, INVESCO MARKETS'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 MARKETS '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 MARKETS'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 MARKETS.
No Change 0.00  0.0 
In 1 year 11 months and 21 days
If you would invest  0.00  in INVESCO MARKETS on December 9, 2020 and sell it all today you would earn a total of 0.00 from holding INVESCO MARKETS III or generate 0.0% return on investment in INVESCO MARKETS over 720 days. INVESCO MARKETS is related to or competes with XTRACKERS PUBLIC, WISDOMTREE HEDGED, XTRACKERS PUBLIC, WISDOMTREE ISSUER, AMUNDI INDEX, and INVESCO MARKETS. The investment objective of the Fund is to provide investors with investment results which, before expenses, generally c... More

INVESCO MARKETS 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 MARKETS'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 MARKETS III upside and downside potential and time the market with a certain degree of confidence.

INVESCO MARKETS Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for INVESCO MARKETS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INVESCO MARKETS's standard deviation. In reality, there are many statistical measures that can use INVESCO MARKETS historical prices to predict the future INVESCO MARKETS'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 MARKETS'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 MARKETS in the context of predictive analytics.
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LowReal ValueHigh
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as INVESCO MARKETS. Your research has to be compared to or analyzed against INVESCO MARKETS's peers to derive any actionable benefits. When done correctly, INVESCO MARKETS'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 MARKETS III.

INVESCO MARKETS III Backtested Returns

INVESCO MARKETS III holds Efficiency (Sharpe) Ratio of -0.0843, which attests that the entity had -0.0843% of return per unit of volatility over the last 3 months. Macroaxis approach 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 MARKETS III 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 MARKETS market risk adjusted performance of (1.35), and Risk Adjusted Performance of (0.17) to validate the risk estimate we provide.
The etf retains a Market Volatility (i.e., Beta) of 0.1349, which attests to not very significant fluctuations relative to the market. Let's try to break down what INVESCO's beta means in this case. As returns on the market increase, INVESCO MARKETS returns are expected to increase less than the market. However, during the bear market, the loss on holding INVESCO MARKETS will be expected to be smaller as well. Even though it is essential to pay attention to INVESCO MARKETS III current price history, it is always good to be careful when utilizing equity current price movements. Our approach 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 MARKETS III exposes twenty-one different technical indicators, which can help you to evaluate its performance.



Modest reverse predictability

INVESCO MARKETS III has modest reverse predictability. Overlapping area represents the amount of predictability between INVESCO MARKETS time series from 9th of December 2020 to 4th of December 2021 and 4th of December 2021 to 29th 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 MARKETS III price movement. The serial correlation of -0.42 indicates that just about 42.0% of current INVESCO MARKETS price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test-0.56
Residual Average0.0
Price Variance3159115.19

INVESCO MARKETS III lagged returns against current returns

Autocorrelation, which is INVESCO MARKETS 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 MARKETS's etf expected returns. We can calculate the autocorrelation of INVESCO MARKETS returns to help us make a trade decision. For example, suppose you find that INVESCO MARKETS 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   

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


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

Be your own money manager

Our tools can tell you how much better you can do entering a position in INVESCO MARKETS 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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Pair Trading with INVESCO MARKETS

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 MARKETS 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 MARKETS will appreciate offsetting losses from the drop in the long position's value.

Moving together with INVESCO MARKETS

The ability to find closely correlated positions to INVESCO MARKETS 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 MARKETS 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 MARKETS - 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 MARKETS III to buy it.
The correlation of INVESCO MARKETS 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 MARKETS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INVESCO MARKETS III 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 MARKETS 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.
Pair CorrelationCorrelation Matching
Continue to INVESCO MARKETS Correlation, INVESCO MARKETS Volatility and INVESCO MARKETS Alpha and Beta module to complement your research on INVESCO MARKETS. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for analysis

When running INVESCO MARKETS III price analysis, check to measure INVESCO MARKETS'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 MARKETS is operating at the current time. Most of INVESCO MARKETS's value examination focuses on studying past and present price action to predict the probability of INVESCO MARKETS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move INVESCO MARKETS's price. Additionally, you may evaluate how the addition of INVESCO MARKETS to your portfolios can decrease your overall portfolio volatility.
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INVESCO MARKETS 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 MARKETS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of INVESCO MARKETS 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...