Invesco Municipal Income Stock Price on October 28, 2024
| OIA Stock | USD 6.49 0.02 0.31% |
Below is the normalized historical share price chart for Invesco Municipal Income extending back to September 19, 1988. 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 Municipal stands at 6.49, as last reported on the 22nd of November, with the highest price reaching 6.53 and the lowest price hitting 6.47 during the day.
If you're considering investing in Invesco Stock, it is important to understand the factors that can impact its price. At this point, Invesco Municipal is not too volatile. Invesco Municipal Income holds Efficiency (Sharpe) Ratio of 0.0481, which attests that the entity had a 0.0481% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Municipal Income, which you can use to evaluate the volatility of the firm. Please check out Invesco Municipal's Risk Adjusted Performance of 0.0287, market risk adjusted performance of (0.51), and Downside Deviation of 0.8155 to validate if the risk estimate we provide is consistent with the expected return of 0.0369%.
At present, Invesco Municipal's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 50.2 M, whereas Common Stock is forecasted to decline to about 286.5 M. . At present, Invesco Municipal's Price To Sales Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 16.34, whereas Price Book Value Ratio is forecasted to decline to 0.80. Invesco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of January 202220 | 200 Day MA 6.448 | 50 Day MA 6.7044 | Beta 0.742 |
Invesco |
Sharpe Ratio = 0.0481
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| Negative Returns | OIA |
Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Invesco Municipal is performing at about 3% 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 Municipal by adding it to a well-diversified portfolio.
Price Book 0.9992 | Price Sales 14.289 | Dividend Share 0.337 | Earnings Share 0.69 | Shares Short 85.9 K |
Related Headline
CBH Headline on 30th of August 2024
Filed transaction by CBH Executive. Grant, award or other acquisition pursuant to Rule 16b-3
Invesco Municipal Valuation on October 28, 2024
It is possible to determine the worth of Invesco Municipal on a given historical date. On October 28, 2024 Invesco was worth 6.6 at the beginning of the trading date compared to the closed value of 6.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Municipal stock. Still, in general, we apply an absolute valuation method to find Invesco Municipal'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 Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 6.55 | 6.61 | 6.55 | 6.57 | 44,399 | |
10/28/2024 | 6.60 | 6.64 | 6.48 | 6.54 | 103,281 |
| 6.50 | 6.55 | 6.38 | 6.48 | 140,809 |
| Backtest Invesco Municipal | | | Invesco Municipal History | | | Invesco Municipal Valuation | Previous | Next |
Invesco Municipal Trading Date Momentum on October 28, 2024
| On October 29 2024 Invesco Municipal Income was traded for 6.48 at the closing time. Highest Invesco Municipal's price during the trading hours was 6.55 and the lowest price during the day was 6.38 . The net volume was 140.8 K. The overall trading history on the 29th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.92% . The trading delta at closing time to current price is 0.76% . |
Invesco Municipal Income Fundamentals Correlations and Trends
By evaluating Invesco Municipal'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 Municipal'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 Municipal Stock history
Invesco Municipal 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 Municipal Income 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 Municipal stock prices may prove useful in developing a viable investing in Invesco Municipal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.6 M | 50.2 M | |
| Net Income Applicable To Common Shares | 58.3 M | 61.2 M |
Invesco Municipal Stock Technical Analysis
Invesco Municipal technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Invesco Municipal Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Invesco Municipal Income cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 Municipal November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Municipal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Municipal shares will generate the highest return on investment. By undertsting and applying Invesco Municipal stock market strength indicators, traders can identify Invesco Municipal Income entry and exit signals to maximize returns
Invesco Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Municipal's price direction in advance. Along with the technical and fundamental analysis of Invesco Stock 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 | 0.0287 | |||
| Jensen Alpha | 0.0223 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | (0.52) |
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Complementary Tools for Invesco Stock analysis
When running Invesco Municipal's price analysis, check to measure Invesco Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Municipal is operating at the current time. Most of Invesco Municipal's value examination focuses on studying past and present price action to predict the probability of Invesco Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Municipal's price. Additionally, you may evaluate how the addition of Invesco Municipal to your portfolios can decrease your overall portfolio volatility.
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