Invesco Technology Fund Volatility
| FTPIX Fund | USD 87.05 -0.54 -0.62% |
Recent trading patterns suggest Invesco Technology Fund maintains a moderate volatility profile. At this stage, Invesco Technology Fund shows a Sharpe Ratio (Efficiency) of 0.12, showing reward per unit of risk over the last 3 months. Current risk dynamics are supported by 26 technical indicators.
Sharpe Ratio = 0.1186
| High Returns | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FTPIX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Latest disclosures for Invesco Technology Fund show a Market Risk Adjusted Performance of 0.3%, a Risk of 3.87, and a Risk Adjusted Performance of 0.1%. Moving average data indicates INVESCO TECHNOLOGY is positioned near 9% of its recent return envelope. Risk-adjusted contribution varies depending on portfolio structure.
Key indicators related to INVESCO TECHNOLOGY's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Volatility analysis for INVESCO TECHNOLOGY draws on both historical price data and forward-looking implied volatility from the options market. Together these measures provide a comprehensive view of INVESCO TECHNOLOGY's risk profile.
INVESCO |
Volatility Strategy
Observed trading dispersion in Invesco Technology Fund can affect long-term allocation structure. Current statistical measures show total volatility near 3.87% with a beta coefficient of 1.43, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.12, evaluates return per unit of total risk. An alpha value of 0.43 reflects performance relative to systematic market exposure. Expected return estimates near 0.46% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to INVESCO TECHNOLOGY's market risk premium analysis include:
Beta 1.43 | Alpha 0.43 | Risk 3.87 | Sharpe Ratio 0.12 | Expected Return 0.46 |
Moving together with INVESCO Mutual Fund
| 0.64 | OARDX | Oppenheimer Rising | PairCorr |
| 0.77 | AMHYX | Invesco High Yield | PairCorr |
| 0.61 | OSMCX | Oppenheimer International | PairCorr |
| 0.77 | HYIFX | Invesco High Yield | PairCorr |
| 0.77 | HYINX | Invesco High Yield | PairCorr |
| 0.73 | ILAAX | Invesco Income Allocation | PairCorr |
| 0.74 | PXCCX | Invesco Select Risk | PairCorr |
| 0.62 | BRCRX | Invesco Balanced Risk Steady Growth | PairCorr |
| 0.61 | BRCNX | Invesco Balanced Risk Steady Growth | PairCorr |
| 0.74 | PXCIX | Invesco Select Risk | PairCorr |
| 0.63 | BRCCX | Invesco Balanced Risk | PairCorr |
| 0.62 | BRCAX | Invesco Balanced Risk Steady Growth | PairCorr |
| 0.61 | BRCYX | Invesco Balanced Risk Steady Growth | PairCorr |
| 0.91 | PXMQX | Invesco Select Risk | PairCorr |
| 0.77 | PXMSX | Invesco Select Risk | PairCorr |
| 0.97 | DIGGX | Invesco Discovery | PairCorr |
| 0.91 | PXMMX | Invesco Select Risk | PairCorr |
| 0.95 | PXQIX | Invesco Select Risk | PairCorr |
| 0.64 | STBYX | Invesco Short Term | PairCorr |
Sensitivity To Market
INVESCO TECHNOLOGY'sINVESCO TECHNOLOGY systematic risk exposure is reflected in a beta value of 1.43. Beta is derived from regression analysis comparing asset and benchmark returns. Measured volatility currently stands near 3.87%.Over the current lookback period, Invesco Technology Fund shows a moderate volatility profile, using downside deviation (2.08%) as a primary reference. A fund’s volatility level is shaped by diversification, sector concentration, and the mix of assets held.
3 Months Beta |Analyze Invesco Technology Demand TrendCheck current 90 days INVESCO TECHNOLOGY correlation with market (Dow Jones Industrial)Downside Risk
Standard deviation for INVESCO expresses the daily price volatility over a selected time horizon as a spread around the mean. High values indicate volatile instruments; low values indicate stable ones.
Standard Deviation | 3.87 |
For INVESCO TECHNOLOGY investors, the distinction between upside and downside risk matters. Standard deviation measures total volatility including favorable moves, while downside deviation and semi-deviation isolate the loss risk in INVESCO TECHNOLOGY's daily returns. Latest disclosures for Invesco Technology Fund show a Downside Deviation of 2.08, a Downside Variance of 4.33, and a Maximum Drawdown of 31.25.
Mutual Fund Volatility Analysis
Volatility describes the degree to which INVESCO TECHNOLOGY mutual fund price fluctuates in either direction. Highly volatile mutual funds like INVESCO TECHNOLOGY can offer significant profit opportunities, but also come with heightened risk.
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Invesco Technology Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
INVESCO TECHNOLOGY Projected Return Density Against Market
Assuming a 90-day horizon the mutual fund has the beta coefficient of 1.4269 . This usually indicates as the benchmark fluctuates upward, the fund is expected to outperform it on average. However, if the benchmark returns are projected to be negative, INVESCO TECHNOLOGY will likely underperform.Systematic risk links INVESCO TECHNOLOGY to overall mutual fund market cycles, while unsystematic risk stems from company or sector-specific developments. Diversification addresses the latter, but macro sensitivity persists. Beta measures relative responsiveness. Latest disclosures for Invesco Technology Fund show a Downside Deviation of 2.08, a Mean Deviation of 1.78, and a Semi Deviation of 1.73.
Predicted Return Density |
| Returns |
What Drives an INVESCO TECHNOLOGY Price Volatility?
Several factors can influence a fund's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of INVESCO TECHNOLOGY is 843.32. The daily returns are distributed with a variance of 14.99 and standard deviation of 3.87. The mean deviation of Invesco Technology Fund is currently at 1.8. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.43 | |
β | Beta against Dow Jones | 1.43 | |
σ | Overall volatility | 3.87 | |
Ir | Information ratio | 0.11 |
Mutual Fund Return Volatility
INVESCO TECHNOLOGY historical daily return volatility represents how much of INVESCO TECHNOLOGY fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 3.8711% volatility of returns over 90 trading days. By contrast, Dow Jones Industrial accepts 0.7855% volatility on return distribution over a 90-day horizon. Performance |
| Timeline |
Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between INVESCO Mutual Fund performing well and INVESCO TECHNOLOGY Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze INVESCO TECHNOLOGY's multiple risk-adjusted performance indicators across the competitive landscape. 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 | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PYICX | 0.10 | -0.01 | 0.17 | -0.12 | 0.13 | 0.22 | 0.89 | |||
| BUFHX | 0.10 | 0.00 | 0.26 | 0.00 | 0.05 | 0.19 | 0.76 | |||
| PHDTX | 0.09 | 0.00 | 0.20 | -0.04 | 0.08 | 0.11 | 0.77 | |||
| AHYMX | 0.08 | 0.00 | 0.20 | -0.14 | 0.06 | 0.22 | 0.89 | |||
| HYMQX | 0.07 | 0.00 | 0.33 | 0.00 | 0.00 | 0.14 | 0.77 | |||
| QLMYIX | 0.10 | 0.00 | 0.22 | 0.00 | 0.06 | 0.16 | 0.80 | |||
| FHYIX | 0.11 | 0.01 | 0.21 | 0.37 | 0.06 | 0.22 | 1.09 |
Risk Metrics, Assumptions & Methodology
Volatility for INVESCO TECHNOLOGY reflects NAV dispersion and exposure stability across disclosure periods. Range expansion increases sensitivity to market stress conditions.
Inputs for Invesco Technology Fund come from fund disclosures and market reference feeds and are mapped into a consistent schema for analysis. Some fields can appear with publication lag. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Michael Smolkin - Member of Macroaxis Board of DirectorsINVESCO TECHNOLOGY Investment Opportunity
Measured over the selected horizon, Invesco Technology Fund carries roughly 4.9 times the return volatility of Dow Jones Industrial. That added volatility may be acceptable only if the position is expected to deliver stronger return efficiency or diversification value.You can use Invesco Technology Fund to protect your portfolios against small market fluctuations. This directional read frames the latest price swing through a simple momentum and follow-through lens. It is most useful when combined with broader risk controls and position-sizing discipline. a moderate downward daily trend and can be a good diversifier. Check odds of INVESCO TECHNOLOGY to be traded at $85.31 in 90 days.Very weak diversification
Across the chosen horizon, FTPIX and DJI show a correlation of 0.49 and fall into the Very weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
INVESCO TECHNOLOGY Additional Risk Indicators
Risk analysis around Invesco Technology Fund becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.
| Risk Adjusted Performance | 0.0862 | |||
| Market Risk Adjusted Performance | 0.2649 | |||
| Mean Deviation | 1.78 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 2.08 | |||
| Coefficient Of Variation | 1016.08 | |||
| Standard Deviation | 3.8 |
INVESCO TECHNOLOGY Suggested Diversification Pairs
Pair trading with INVESCO TECHNOLOGY can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against INVESCO TECHNOLOGY as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. INVESCO TECHNOLOGY's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, INVESCO TECHNOLOGY's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Invesco Technology Fund.