Invesco Variable Rate Investment Grade ETF VRIG
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Invesco Variable Rate Investment Grade ETF (VRIG) Investment Strategy and Portfolio Holdings Overview
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of investment-grade, variable rate or floating rate debt securities. At least 80% of its net assets (plus any borrowings for investment purposes) will be invested in Variable Rate Instruments that are, at the time of purchase, investment grade (or in affiliated ETFs that invest primarily in any or all of the foregoing securities).
Key Insights
Invesco Variable Rate Investment Grade ETF (VRIG) Essential ETF Metrics and Performance Data
Latest Closing Price
$25.04Market Cap
$1.28 BillionAverage Trade Volume
695,607 SharesTotal Outstanding Shares
47.15 Million SharesInception Date
September 22, 2016Primary Exchange
NASDAQ
Short Volume
Daily short volume activity identifies short-term trading pressure and potential price volatility
Revenue Breakdown
Distribution of revenue across unique business segments & geographies
Historical Stock Splits
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