Invesco High Yield Fund Price on June 16, 2023
| ACTDX Fund | USD 8.71 0.02 0.23% |
Below is the normalized historical share price chart for Invesco High Yield extending back to March 03, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco High stands at 8.71, as last reported on the 29th of November, with the highest price reaching 8.71 and the lowest price hitting 8.71 during the day.
If you're considering investing in Invesco Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Invesco Mutual Fund to be very steady. Invesco High Yield holds Efficiency (Sharpe) Ratio of 0.0592, which attests that the entity had a 0.0592% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco High Yield, which you can use to evaluate the volatility of the entity. Please check out Invesco High's Downside Deviation of 0.5142, market risk adjusted performance of (0.10), and Risk Adjusted Performance of 0.0465 to validate if the risk estimate we provide is consistent with the expected return of 0.0188%.
Invesco Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Invesco |
Sharpe Ratio = 0.0592
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Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Invesco High is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco High by adding it to a well-diversified portfolio.
Invesco High Valuation on June 16, 2023
It is possible to determine the worth of Invesco High on a given historical date. On June 16, 2023 Invesco was worth 7.99 at the beginning of the trading date compared to the closed value of 7.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco High mutual fund. Still, in general, we apply an absolute valuation method to find Invesco High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco High's related companies.
| Open | High | Low | Close | Volume | |
| 7.99 | 7.99 | 7.99 | 7.99 | 1.00 | |
06/16/2023 | 7.99 | 7.99 | 7.99 | 7.99 | 1.00 |
| 8.01 | 8.01 | 8.01 | 8.01 | 1.00 |
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Invesco High Trading Date Momentum on June 16, 2023
| On June 20 2023 Invesco High Yield was traded for 8.01 at the closing time. The highest daily price throughout the period was 8.01 and the lowest price was 8.01 . There was no trading activity during the period 1.0. Lack of trading volume on 06/20/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.25% . The trading delta at closing time to current closing price is 0.63% . |
Invesco High Yield Fundamentals Correlations and Trends
By evaluating Invesco High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Invesco High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Invesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Invesco High Mutual Fund history
Invesco High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco High stock prices may prove useful in developing a viable investing in Invesco High
Under normal market conditions, the fund invests at least 80 percent of its net assets in municipal securities at the time of investment. It invests at least 75 percent of its net assets in higher yielding municipal securities, specifically medium- and lower-grade municipal securities. The fund may not, however, invest more than 25 percent of its net assets in industrial development revenue bonds issued for companies in the same industry.
Invesco High Mutual Fund Technical Analysis
Invesco High technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Invesco High Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Invesco High Yield cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Invesco High November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco High mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco High shares will generate the highest return on investment. By undertsting and applying Invesco High mutual fund market strength indicators, traders can identify Invesco High Yield entry and exit signals to maximize returns
Invesco High Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco High's price direction in advance. Along with the technical and fundamental analysis of Invesco Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0465 | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | (0.11) |
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Other Information on Investing in Invesco Mutual Fund
Invesco High 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 High security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |