Invesco Discovery Fund Price on September 3, 2024
| DIGGX Fund | USD 112.46 2.34 2.12% |
If you're considering investing in Invesco Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Invesco Discovery stands at 112.46, as last reported on the 22nd of November, with the highest price reaching 112.46 and the lowest price hitting 112.46 during the day. At this stage we consider Invesco Mutual Fund to be very steady. Invesco Discovery holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Invesco Discovery, which you can use to evaluate the volatility of the entity. Please check out Invesco Discovery's Risk Adjusted Performance of 0.108, downside deviation of 1.36, and Market Risk Adjusted Performance of 5.77 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
Invesco Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Invesco |
Sharpe Ratio = 0.1359
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Invesco Discovery is performing at about 10% 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 Discovery by adding it to a well-diversified portfolio.
Invesco Discovery Valuation on September 3, 2024
It is possible to determine the worth of Invesco Discovery on a given historical date. On September 3, 2024 Invesco was worth 96.55 at the beginning of the trading date compared to the closed value of 96.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Discovery mutual fund. Still, in general, we apply an absolute valuation method to find Invesco Discovery'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 Discovery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Discovery's related companies.
| Open | High | Low | Close | Volume | |
| 100.73 | 100.73 | 100.73 | 100.73 | 1.00 | |
09/03/2024 | 96.55 | 96.55 | 96.55 | 96.55 | 1.00 |
| 96.78 | 96.78 | 96.78 | 96.78 | 1.00 |
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Invesco Discovery Trading Date Momentum on September 3, 2024
| On September 04 2024 Invesco Discovery was traded for 96.78 at the closing time. The highest daily price throughout the period was 96.78 and the lowest price was 96.78 . There was no trading activity during the period 1.0. Lack of trading volume on 09/04/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.24% . The trading delta at closing time to current closing price is 2.63% . |
Invesco Discovery Fundamentals Correlations and Trends
By evaluating Invesco Discovery'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 Discovery'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 Discovery Mutual Fund history
Invesco Discovery 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 Discovery 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 Discovery stock prices may prove useful in developing a viable investing in Invesco Discovery
Invesco Discovery Mutual Fund Technical Analysis
Invesco Discovery 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 Discovery Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
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Invesco Discovery November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Discovery 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 Discovery shares will generate the highest return on investment. By undertsting and applying Invesco Discovery mutual fund market strength indicators, traders can identify Invesco Discovery entry and exit signals to maximize returns
Invesco Discovery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Discovery'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 | 0.108 | |||
| Jensen Alpha | 0.1709 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0545 | |||
| Treynor Ratio | 5.76 |
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Other Information on Investing in Invesco Mutual Fund
Invesco Discovery 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 Discovery security.
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