Invesco Income Tax Expense from 2010 to 2024

VMO Stock  USD 10.12  0.05  0.50%   
Invesco Municipal Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to grow to about 44.7 M this year. During the period from 2010 to 2024, Invesco Municipal Income Tax Expense quarterly data regression pattern had sample variance of 2800.7 T and median of 0.00. View All Fundamentals
 
Income Tax Expense  
First Reported
2006-10-31
Previous Quarter
0.7
Current Value
17.9 M
Quarterly Volatility
22.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Invesco Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Invesco Municipal's main balance sheet or income statement drivers, such as Interest Expense of 15.8 M, Selling General Administrative of 6.5 M or Total Revenue of 32.7 M, as well as many indicators such as Price To Sales Ratio of 12.56, Dividend Yield of 0.0606 or PTB Ratio of 1.02. Invesco financial statements analysis is a perfect complement when working with Invesco Municipal Valuation or Volatility modules.
  
Check out the analysis of Invesco Municipal Correlation against competitors.

Latest Invesco Municipal's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Invesco Municipal Opportunity over the last few years. It is Invesco Municipal's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Invesco Municipal's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Invesco Income Tax Expense Regression Statistics

Arithmetic Mean(5,664,319)
Geometric Mean0.00
Coefficient Of Variation(934.30)
Mean Deviation34,077,824
Median0.00
Standard Deviation52,921,718
Sample Variance2800.7T
Range217.6M
R-Value0.0004
Mean Square Error3016.1T
R-Squared0.0000002
Significance1.00
Slope5,263
Total Sum of Squares39209.9T

Invesco Income Tax Expense History

202444.7 M
202342.6 M
202247.3 M
2021-159.1 M
2020-47.7 M
2019-41.6 M
201858.6 M

About Invesco Municipal Financial Statements

Invesco Municipal investors utilize fundamental indicators, such as Income Tax Expense, to predict how Invesco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense42.6 M44.7 M

Pair Trading with Invesco Municipal

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

Moving against Invesco Stock

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The ability to find closely correlated positions to Invesco Municipal 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 Municipal 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 Municipal - 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 Municipal Opportunity to buy it.
The correlation of Invesco Municipal is a statistical measure of how it moves in relation to other instruments. 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 Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Municipal 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 Municipal 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
When determining whether Invesco Municipal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Municipal Opportunity Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Municipal Opportunity Stock:
Check out the analysis of Invesco Municipal Correlation against competitors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Municipal. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.781
Dividend Share
0.511
Earnings Share
0.97
Revenue Per Share
0.801
Quarterly Revenue Growth
(0.01)
The market value of Invesco Municipal 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 Municipal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Municipal'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 Municipal's market value can be influenced by many factors that don't directly affect Invesco Municipal'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 Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Municipal'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.