Invesco American Competition

VAFFX Fund

USD 32.33 0.40 1.25%

Invesco American Fra competes with Mfs Technology, Allianzgi Technology, Icon Information, Technology Ultrasector, and Towpath Technology; as well as few others. The fund is listed under Large Growth category and is part of Invesco family. Analyzing Invesco American competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Invesco American to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Invesco American Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Invesco American competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
31.22	32.33	33.44

Details

Intrinsic

Valuation

Low	Real	High
31.22	32.33	33.44

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco American. Your research has to be compared to or analyzed against Invesco American's peers to derive any actionable benefits. When done correctly, Invesco American's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Invesco American Fra.

Invesco American Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco American and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Invesco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Invesco American Fra does not affect the price movement of the other competitor.

	MTCCX	DRGTX	ICTEX	TEPIX	TOWTX	VITAX
MTCCX		0.39	0.4	0.56	0.43	0.45	MTCCX
DRGTX	0.39		-0.21	0.9	0.31	0.97	DRGTX
ICTEX	0.4	-0.21		0.06	0.57	-0.14	ICTEX
TEPIX	0.56	0.9	0.06		0.55	0.95	TEPIX
TOWTX	0.43	0.31	0.57	0.55		0.36	TOWTX
VITAX	0.45	0.97	-0.14	0.95	0.36		VITAX
	MTCCX	DRGTX	ICTEX	TEPIX	TOWTX	VITAX

Click cells to compare fundamentals

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High positive correlations

VITAX	+ 0.97	DRGTX
VITAX	+ 0.95	TEPIX
TEPIX	+ 0.9	DRGTX
TOWTX	+ 0.57	ICTEX
TEPIX	+ 0.56	MTCCX
TOWTX	+ 0.55	TEPIX

High negative correlations

ICTEX	- 0.21	DRGTX
VITAX	- 0.14	ICTEX

Risk-Adjusted Indicators

There is a big difference between Invesco Mutual Fund performing well and Invesco American 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 American'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
MTCCX	1.15	(0.17)	0.00	(0.13)	0.00	0.00	2.01	(2.31)	20.86
DRGTX	0.89	0.13	0.08	0.15	1.33	(0.87)	1.87	(2.11)	7.49
ICTEX	0.82	(0.10)	0.00	(0.09)	0.00	0.00	1.28	(2.12)	7.14
TEPIX	1.25	0.05	0.03	0.06	1.87	(1.20)	2.78	(3.71)	9.07
TOWTX	0.63	(0.01)	(0.02)	0.01	1.13	(0.61)	1.19	(1.68)	6.26
VITAX	0.87	0.11	0.07	0.13	1.27	(0.81)	1.83	(2.39)	6.58

Unable to evaluate fundamental data of [MTCCX, DRGTX, ICTEX, TEPIX, TOWTX, VITAX] at this time. Please try again later

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Invesco American Competitive Analysis

The better you understand Invesco American competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco American's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Invesco American's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	VAFFX	MTCCX	DRGTX	ICTEX	TEPIX	TOWTX	VITAX
	1.25 32.33 Invesco	0.92 43.80 Mfs	0.92 91.93 Allianzgi	0.95 16.00 Icon	0.02 40.17 Technology	0.57 14.09 Towpath	1.56 323.25 Vanguard
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Modest	Very Weak	OK	Very Weak	Insignificant	Very Weak	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Strong Buy	Strong Hold	Hold	Strong Hold	Buy
Net Asset	11.62 B	1.45 B	2.51 B	54.01 M	79.29 M	4.67 M	24.53 B
Minimum Initial Investment	1000 K	N/A	N/A	1 K	N/A	2 K	N/A
Price To Book	3.75 X	4.83 X	4.17 X	3.46 X	3.83 X	N/A	4.12 X
Five Year Return	16.43 %	17.62 %	20.25 %	10.62 %	26.84 %	N/A	23.34 %
One Year Return	38.39 %	42.66 %	40.14 %	17.19 %	32.44 %	N/A	37.79 %
Price To Earning	24.58 X	1.65 X	24.69 X	20.71 X	2.02 X	N/A	20.28 X
Price To Sales	2.51 X	4.73 X	3.21 X	2.86 X	2.89 X	N/A	2.95 X
Cash Position Weight	0.08 %	4.76 %	5.99 %	0.47 %	19.11 %	19.67 %	0.64 %
Equity Positions Weight	99.92 %	95.24 %	94.01 %	99.53 %	76.66 %	80.33 %	99.36 %
Three Year Return	11.74 %	11.06 %	11.08 %	3.47 %	7.42 %	N/A	13.08 %
Annual Yield	N/A	N/A	N/A	N/A	N/A	0.01 %	0.01 %
Year To Date Return	36.35 %	39.79 %	38.14 %	14.88 %	31.07 %	N/A	32.87 %
Ten Year Return	14.35 %	17.43 %	18.60 %	14.62 %	23.02 %	N/A	18.68 %
Daily Balance Of Power	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T
Day Typical Price	32.33	43.8	91.93	16.0	40.17	14.09	323.25
Period Momentum Indicator	0.4	0.4	0.84	0.15	0.01	0.08	4.98
Rate Of Daily Change	1.01	1.01	1.01	1.01	1.0	1.01	1.02
Day Median Price	32.33	43.8	91.93	16.0	40.17	14.09	323.25
Price Action Indicator	0.2	0.2	0.42	0.075	0.005	0.04	2.49
Coefficient Of Variation	1277.66	(1,867)	814.11	(1,634)	2037.84	6672.23	866.35
Mean Deviation	0.7633	1.15	0.8897	0.8223	1.25	0.6268	0.8672
Jensen Alpha	0.0552	(0.17)	0.1269	(0.1)	0.0472	(0.01)	0.1068
Total Risk Alpha	0.0451	(0.22)	0.1123	(0.11)	0.0269	(0.02)	0.095
Sortino Ratio	0.0363	N/A	0.0752	N/A	0.0255	(0.02)	0.0713
Downside Variance	2.19	N/A	2.82	N/A	4.43	1.44	2.23
Standard Deviation	1.1	2.52	1.29	1.14	1.75	0.944	1.2
Kurtosis	2.56	41.25	2.31	4.07	1.13	6.56	1.46
Potential Upside	1.61	2.01	1.87	1.28	2.78	1.19	1.83
Treynor Ratio	0.0814	(0.13)	0.1525	(0.09)	0.0587	0.0055	0.131
Maximum Drawdown	6.73	20.86	7.49	7.14	9.07	6.26	6.58
Variance	1.2	6.36	1.66	1.31	3.06	0.891	1.44
Market Risk Adjusted Performance	0.0914	(0.12)	0.1625	(0.08)	0.0687	0.0155	0.141
Risk Adjusted Performance	0.0648	(0.04)	0.1012	(0.05)	0.0443	0.0135	0.0948
Skewness	(0.92)	(5.80)	(0.87)	(1.30)	(0.67)	(1.84)	(0.75)
Semi Deviation	1.21	N/A	1.33	N/A	1.87	1.13	1.27
Information Ratio	0.0489	(0.07)	0.0979	(0.09)	0.0307	(0.02)	0.0886
Value At Risk	(2.07)	(2.31)	(2.11)	(2.12)	(3.71)	(1.68)	(2.39)
Expected Short fall	(0.70)	N/A	(0.87)	N/A	(1.20)	(0.61)	(0.81)
Downside Deviation	1.48	N/A	1.68	N/A	2.1	1.2	1.49
Semi Variance	1.47	N/A	1.78	N/A	3.48	1.28	1.61

Invesco American Competition Performance Charts

Five steps to successful analysis of Invesco American Competition

Invesco American's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Invesco American Fra in relation to its competition. Invesco American's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Invesco American in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Invesco American's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Invesco American Fra, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Invesco American position

In addition to having Invesco American in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Companies that are involved with the development and processing of raw materials such as silver or forestry. The Raw Materials theme has 15 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Raw Materials Theme or any other thematic opportunities.

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Other Information on Investing in Invesco Mutual Fund

Invesco American financial ratios help investors to determine whether Invesco Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco American security.

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