Invesco Steelpath Financials
| SPMJX Fund | USD 6.29 0.06 0.96% |
Invesco |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Invesco Steelpath Fund Summary
Invesco Steelpath competes with Invesco Municipal, Invesco Municipal, Invesco Municipal, Oppenheimer Rising, and Invesco High. Under normal circumstances, the fund invests at least 80 percent of its net assets in master limited partnership investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.Specialization | Energy Limited Partnership, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | SteelPath MLP Funds |
| Mutual Fund Family | Invesco |
| Mutual Fund Category | Energy Limited Partnership |
| Benchmark | Dow Jones Industrial |
| Phone | 800 959 4246 |
| Currency | USD - US Dollar |
Invesco Steelpath Key Financial Ratios
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Steelpath's current stock value. Our valuation model uses many indicators to compare Invesco Steelpath value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Steelpath competition to find correlations between indicators driving Invesco Steelpath's intrinsic value. More Info.Invesco Steelpath Mlp is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 1,098 of Year To Date Return per Annual Yield. 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 Steelpath's earnings, one of the primary drivers of an investment's value.Invesco Steelpath Mlp Systematic Risk
Invesco Steelpath's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Steelpath volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Invesco Steelpath Mlp correlated with the market. If Beta is less than 0 Invesco Steelpath generally moves in the opposite direction as compared to the market. If Invesco Steelpath Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Steelpath Mlp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Steelpath is generally in the same direction as the market. If Beta > 1 Invesco Steelpath moves generally in the same direction as, but more than the movement of the benchmark.
Invesco Steelpath November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Steelpath help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Steelpath Mlp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Steelpath Mlp based on widely used predictive technical indicators. In general, we focus on analyzing Invesco Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Invesco Steelpath's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.0 | |||
| Information Ratio | 0.1551 | |||
| Maximum Drawdown | 5.11 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 1.92 |
Other Information on Investing in Invesco Mutual Fund
Invesco Steelpath 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 Steelpath security.
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