Invesco International Dividend Etf Market Value
| PID Etf | USD 20.85 0.05 0.24% |
| Symbol | Invesco |
The market value of Invesco International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Invesco International'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 International's market value can be influenced by many factors that don't directly affect Invesco International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco International'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 International '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 International'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 International.
| 05/06/2025 |
| 07/05/2025 |
If you would invest 0.00 in Invesco International on May 6, 2025 and sell it all today you would earn a total of 0.00 from holding Invesco International Dividend or generate 0.0% return on investment in Invesco International over 60 days. Invesco International is related to or competes with Franklin Templeton, Altrius Global, Invesco Exchange, Franklin International, Madison ETFs, Amplify CWP, and Advisors Inner. The fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying in... More
Invesco International 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 International'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 International Dividend upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.793 | |||
| Information Ratio | 0.1625 | |||
| Maximum Drawdown | 7.61 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.6 |
Invesco International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco International's standard deviation. In reality, there are many statistical measures that can use Invesco International historical prices to predict the future Invesco International's volatility.| Risk Adjusted Performance | 0.4347 | |||
| Jensen Alpha | 0.2878 | |||
| Total Risk Alpha | 0.2057 | |||
| Sortino Ratio | 0.2129 | |||
| Treynor Ratio | (1.60) |
Invesco International Backtested Returns
Invesco International appears to be very steady, given 3 months investment horizon. Invesco International holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Invesco International, which you can use to evaluate the volatility of the entity. Please utilize Invesco International's Market Risk Adjusted Performance of (1.59), downside deviation of 0.793, and Risk Adjusted Performance of 0.4347 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco International are expected to decrease at a much lower rate. During the bear market, Invesco International is likely to outperform the market.
Auto-correlation | 0.28 |
Poor predictability
Invesco International Dividend has poor predictability. Overlapping area represents the amount of predictability between Invesco International time series from 6th of May 2025 to 5th of June 2025 and 5th of June 2025 to 5th of July 2025. 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 International price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Invesco International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Invesco International lagged returns against current returns
Autocorrelation, which is Invesco International 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 International's etf expected returns. We can calculate the autocorrelation of Invesco International returns to help us make a trade decision. For example, suppose you find that Invesco International has exhibited high autocorrelation historically, and you observe that the etf 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 International 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 International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco International etf over time.
Current vs Lagged Prices |
| Timeline |
Invesco International Lagged Returns
When evaluating Invesco International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco International etf have on its future price. Invesco International 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 International autocorrelation shows the relationship between Invesco International etf current value and its past values and can show if there is a momentum factor associated with investing in Invesco International Dividend.
Regressed Prices |
| Timeline |
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Check out Invesco International Correlation, Invesco International Volatility and Invesco International Alpha and Beta module to complement your research on Invesco International. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Invesco International 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.