Invesco Municipal Income Fund Manager Performance Evaluation
| VMICX Fund | USD 12.05 0.03 0.25% |
The fund retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Municipal are expected to decrease at a much lower rate. During the bear market, Invesco Municipal is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Invesco Municipal Income are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Invesco Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of June 2023 | |
| Expense Ratio | 1.7900 |
Invesco |
Invesco Municipal Relative Risk vs. Return Landscape
If you would invest 1,194 in Invesco Municipal Income on August 28, 2024 and sell it today you would earn a total of 11.00 from holding Invesco Municipal Income or generate 0.92% return on investment over 90 days. Invesco Municipal Income is currently producing 0.0147% returns and takes up 0.26% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Invesco, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Invesco Municipal Current Valuation
Overvalued
Today
Please note that Invesco Municipal's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Invesco Municipal Income retains a regular Real Value of $11.62 per share. The prevalent price of the fund is $12.05. We determine the value of Invesco Municipal Income from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Invesco Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Invesco Mutual Fund. However, Invesco Municipal's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.05 | Real 11.62 | Hype 12.05 |
The intrinsic value of Invesco Municipal's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Invesco Municipal's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Invesco Municipal Income helps investors to forecast how Invesco mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Invesco Municipal more accurately as focusing exclusively on Invesco Municipal's fundamentals will not take into account other important factors: Invesco Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Invesco Municipal Income, and traders can use it to determine the average amount a Invesco Municipal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0564
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| Negative Returns | VMICX |
Estimated Market Risk
| 0.26 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 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 Municipal 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 Municipal by adding it to a well-diversified portfolio.
Invesco Municipal Fundamentals Growth
Invesco Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Invesco Municipal, and Invesco Municipal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Mutual Fund performance.
| Total Asset | 118.77 M | ||||
About Invesco Municipal Performance
Evaluating Invesco Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco Municipal has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Invesco Municipal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Invesco Municipal Income performance evaluation
Checking the ongoing alerts about Invesco Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Invesco Municipal Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -2.0% | |
| Invesco Municipal Income keeps about 6.37% of its net assets in cash |
- Analyzing Invesco Municipal's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Invesco Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Invesco Municipal's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Invesco Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Invesco Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Invesco Municipal's mutual fund. These opinions can provide insight into Invesco Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
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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