Invesco Growth Price To Book vs. Year To Date Return

GIFFX Fund  USD 21.71  0.02  0.09%   
Considering the key profitability indicators obtained from Invesco Growth's historical financial statements, Invesco Growth And may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Invesco Growth's ability to earn profits and add value for shareholders.
For Invesco Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Invesco Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Invesco Growth And utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Invesco Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Invesco Growth And over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Invesco Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Growth'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 Growth And Year To Date Return vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Invesco Growth's current stock value. Our valuation model uses many indicators to compare Invesco Growth value to that of its competitors to determine the firm's financial worth.
Invesco Growth And is one of the top funds in price to book among similar funds. It also is one of the top funds in year to date return among similar funds creating about  10.71  of Year To Date Return per Price To Book. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco Growth's earnings, one of the primary drivers of an investment's value.

Invesco Year To Date Return vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Invesco Growth

P/B

 = 

MV Per Share

BV Per Share

 = 
1.57 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

Invesco Growth

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
16.81 %
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.

Invesco Year To Date Return Comparison

Invesco Growth is currently under evaluation in year to date return among similar funds.

Invesco Growth Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Invesco Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Invesco Growth will eventually generate negative long term returns. The profitability progress is the general direction of Invesco Growth's change in net profit over the period of time. It can combine multiple indicators of Invesco Growth, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal market conditions, the funds investment adviser seeks to achieve the funds investment objective by investing primarily in income-producing equity securities, which include common stocks and convertible securities. It may invest in securities of issuers of all capitalization sizes however, a substantial number of the issuers in which the fund invests are large-capitalization issuers. The fund may invest up to 25 percent of its net assets in securities of foreign issuers, which may include depositary receipts.

Invesco Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Invesco Growth. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Invesco Growth position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Invesco Growth's important profitability drivers and their relationship over time.

Use Invesco Growth in pair-trading

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

Invesco Growth Pair Trading

Invesco Growth And Pair Trading Analysis

The ability to find closely correlated positions to Invesco Growth 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 Growth 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 Growth - 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 Growth And to buy it.
The correlation of Invesco Growth 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 Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Growth And 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 Growth 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

Use Investing Themes to Complement your Invesco Growth position

In addition to having Invesco Growth 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.

Did You Try This Idea?

Run Power Assets Thematic Idea Now

Power Assets
Power Assets Theme
Large capitalization equities showing high long-term performance indicators and above average return expectations based on Macroaxis rating system. The Power Assets theme has 49 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 Power Assets Theme or any other thematic opportunities.
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Other Information on Investing in Invesco Mutual Fund

To fully project Invesco Growth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Invesco Growth And at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Invesco Growth's income statement, its balance sheet, and the statement of cash flows.
Potential Invesco Growth investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Invesco Growth investors may work on each financial statement separately, they are all related. The changes in Invesco Growth's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco Growth's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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