Invesco Municipal Financials
VMICX Fund | USD 12.05 0.03 0.25% |
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 Municipal Fund Summary
Invesco Municipal competes with Franklin Growth, Pace Smallmedium, Champlain Mid, Victory Rs, and Tfa Alphagen. Under normal market conditions, the fund invests at least 80 percent of its net assets in municipal securities at the time of investment. It may invest up to 20 percent of its net assets in municipal securities below investment grade. The fund may invest all or a substantial portion of its assets in municipal securities that are subject to the federal alternative minimum tax.Specialization | Muni National Long, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US0014195301 |
Business Address | AIM Tax-Exempt Funds |
Mutual Fund Family | Invesco |
Mutual Fund Category | Muni National Long |
Benchmark | Dow Jones Industrial |
Phone | 800 959 4246 |
Currency | USD - US Dollar |
Invesco Municipal Key Financial Ratios
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Municipal's current stock value. Our valuation model uses many indicators to compare Invesco Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Municipal competition to find correlations between indicators driving Invesco Municipal's intrinsic value. More Info.Invesco Municipal Income is presently regarded as number one fund in annual yield among similar funds. It also is presently regarded as number one fund in year to date return among similar funds creating about 610.35 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 Municipal's earnings, one of the primary drivers of an investment's value.Invesco Municipal Income Systematic Risk
Invesco Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Municipal 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.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Invesco Municipal Income correlated with the market. If Beta is less than 0 Invesco Municipal generally moves in the opposite direction as compared to the market. If Invesco Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Municipal Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Municipal is generally in the same direction as the market. If Beta > 1 Invesco Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Invesco Municipal November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Municipal Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Municipal Income 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 Municipal's daily price indicators and compare them against related drivers.
Downside Deviation | 0.354 | |||
Information Ratio | (0.48) | |||
Maximum Drawdown | 1.59 | |||
Value At Risk | (0.41) | |||
Potential Upside | 0.33 |
Other Information on Investing in Invesco Mutual Fund
Invesco Municipal 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 Municipal security.
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