Invesco Technology Fund Buy Hold or Sell Recommendation
| ITYAX Fund | USD 63.57 1.34 2.15% |
Slightly above 55% of Invesco Technology's investors are presently thinking to get in. The analysis of overall sentiment of trading Invesco Technology Fund mutual fund suggests that some investors are interested at this time. Invesco Technology's investing sentiment can be driven by a variety of factors including economic data, Invesco Technology's earnings reports, geopolitical events, and overall market trends.
Comfort Level 55
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Invesco Technology's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Invesco Technology Fund.
News SentimentNeutral | Hype SentimentBullish | Insider SentimentWaiting |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Invesco Technology Fund is 'Strong Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Invesco Technology Fund given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Invesco Technology Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Invesco Technology Buy or Sell Advice
The Invesco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Invesco Technology Fund. Macroaxis does not own or have any residual interests in Invesco Technology Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Invesco Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Fair | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details |
Invesco Technology Trading Alerts and Improvement Suggestions
| Invesco Technology is way too risky over 90 days horizon | |
| Invesco Technology appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: Berkshire Hathaway Will Lose Its Biggest Mutual-Fund Fan With Danoffs Retirement - Barrons | |
| The fund retains 98.03% of its assets under management (AUM) in equities |
Invesco Technology Returns Distribution Density
The distribution of Invesco Technology's historical returns is an attempt to chart the uncertainty of Invesco Technology's future price movements. The chart of the probability distribution of Invesco Technology daily returns describes the distribution of returns around its average expected value. We use Invesco Technology Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Invesco Technology returns is essential to provide solid investment advice for Invesco Technology.
| Mean Return | 0.76 | Value At Risk | -3.76 | Potential Upside | 2.70 | Standard Deviation | 5.80 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Invesco Technology historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Invesco Technology Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Invesco Technology or Invesco sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Invesco Technology's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Invesco fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | 1.33 | |
σ | Overall volatility | 5.84 | |
Ir | Information ratio | 0.12 |
Invesco Technology Volatility Alert
Invesco Technology Fund currently demonstrates below-average downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.66. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Invesco Technology's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Invesco Technology's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Invesco Technology Fundamentals Vs Peers
Comparing Invesco Technology's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Invesco Technology's direct or indirect competition across all of the common fundamentals between Invesco Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Invesco Technology or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Invesco Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Invesco Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Invesco Technology to competition |
| Fundamentals | Invesco Technology | Peer Average |
| Price To Earning | 1.52 X | 6.53 X |
| Price To Book | 3.93 X | 0.74 X |
| Price To Sales | 2.90 X | 0.61 X |
| Year To Date Return | 6.46 % | 0.39 % |
| One Year Return | 21.09 % | 4.15 % |
| Three Year Return | 33.98 % | 3.60 % |
| Five Year Return | 10.53 % | 3.24 % |
| Ten Year Return | 14.35 % | 1.79 % |
| Net Asset | 2.09 B | 4.11 B |
| Cash Position Weight | 1.97 % | 10.61 % |
| Equity Positions Weight | 98.03 % | 63.90 % |
Invesco Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Invesco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 63.57 | |||
| Day Typical Price | 63.57 | |||
| Price Action Indicator | 0.67 | |||
| Period Momentum Indicator | 1.34 | |||
| Relative Strength Index | 70.23 |
About Invesco Technology Buy or Sell Advice
When is the right time to buy or sell Invesco Technology Fund? Buying financial instruments such as Invesco Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Invesco Technology 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 Information Technology ETFs Thematic Idea Now
Information Technology ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Information Technology ETFs theme has 53 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 Information Technology ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Invesco Mutual Fund
Invesco Technology 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 Technology security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Commodity Directory Find actively traded commodities issued by global exchanges |