Invesco Advantage Mit Stock Market Value
| VKI Stock | USD 9.16 0.16 1.78% |
| Symbol | Invesco |
Invesco Advantage MIT Price To Book Ratio
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 Advantage. 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 Advantage 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 (0.25) | Dividend Share 0.384 | Earnings Share 0.86 | Revenue Per Share 0.721 | Quarterly Revenue Growth 0.013 |
The market value of Invesco Advantage MIT 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 Advantage's value that differs from its market value or its book value, called intrinsic value, which is Invesco Advantage'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 Advantage's market value can be influenced by many factors that don't directly affect Invesco Advantage'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 Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Advantage'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 Advantage '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 Advantage's stock 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 Advantage.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Invesco Advantage on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Invesco Advantage MIT or generate 0.0% return on investment in Invesco Advantage over 30 days. Invesco Advantage is related to or competes with Invesco Quality, Invesco California, DWS Municipal, Invesco Trust, Invesco Municipal, Invesco Municipal, and Invesco Municipal. Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd More
Invesco Advantage 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 Advantage's stock 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 Advantage MIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5031 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.47 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.8919 |
Invesco Advantage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Advantage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Advantage's standard deviation. In reality, there are many statistical measures that can use Invesco Advantage historical prices to predict the future Invesco Advantage's volatility.| Risk Adjusted Performance | 0.0818 | |||
| Jensen Alpha | 0.063 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.46) |
Invesco Advantage MIT Backtested Returns
Invesco Advantage is very steady at the moment. Invesco Advantage MIT holds Efficiency (Sharpe) Ratio of 0.0897, which attests that the entity had a 0.0897% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Advantage MIT, which you can use to evaluate the volatility of the firm. Please check out Invesco Advantage's Market Risk Adjusted Performance of (0.45), risk adjusted performance of 0.0818, and Downside Deviation of 0.5031 to validate if the risk estimate we provide is consistent with the expected return of 0.049%. Invesco Advantage has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Advantage are expected to decrease at a much lower rate. During the bear market, Invesco Advantage is likely to outperform the market. Invesco Advantage MIT right now retains a risk of 0.55%. Please check out Invesco Advantage semi variance, as well as the relationship between the daily balance of power and price action indicator , to decide if Invesco Advantage will be following its current trending patterns.
Auto-correlation | 0.25 |
Poor predictability
Invesco Advantage MIT has poor predictability. Overlapping area represents the amount of predictability between Invesco Advantage time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. 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 Advantage MIT price movement. The serial correlation of 0.25 indicates that over 25.0% of current Invesco Advantage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Invesco Advantage MIT lagged returns against current returns
Autocorrelation, which is Invesco Advantage stock'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 Advantage's stock expected returns. We can calculate the autocorrelation of Invesco Advantage returns to help us make a trade decision. For example, suppose you find that Invesco Advantage has exhibited high autocorrelation historically, and you observe that the stock 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 |
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Invesco Advantage 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 Advantage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Advantage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Advantage stock over time.
Current vs Lagged Prices |
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Invesco Advantage Lagged Returns
When evaluating Invesco Advantage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Advantage stock have on its future price. Invesco Advantage 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 Advantage autocorrelation shows the relationship between Invesco Advantage stock current value and its past values and can show if there is a momentum factor associated with investing in Invesco Advantage MIT.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Invesco Advantage MIT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Advantage'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 Advantage Mit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Advantage Mit Stock:Check out Invesco Advantage Correlation, Invesco Advantage Volatility and Invesco Advantage Alpha and Beta module to complement your research on Invesco Advantage. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Invesco Advantage technical stock 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, stock market cycles, or different charting patterns.