Invesco Summit Fund Fundamentals
| ASMMX Fund | USD 27.85 0.04 0.14% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Invesco Summit's long-term financial health and intrinsic value.
Invesco |
Invesco Summit Fund Mutual Fund One Year Return Analysis
Invesco Summit's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Invesco Summit One Year Return | 13.55 % |
Most of Invesco Summit's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco Summit Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Invesco Summit Fund has an One Year Return of 13.5489%. This is much higher than that of the Invesco family and significantly higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
Invesco Summit Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Summit's current stock value. Our valuation model uses many indicators to compare Invesco Summit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Summit competition to find correlations between indicators driving Invesco Summit's intrinsic value. More Info.Invesco Summit Fund is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 2.53 of Price To Book per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco Summit's earnings, one of the primary drivers of an investment's value.Invesco One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Summit's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Invesco Summit could also be used in its relative valuation, which is a method of valuing Invesco Summit by comparing valuation metrics of similar companies.Invesco Summit is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Invesco Summit
The fund consists of 98.84% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Invesco Summit's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Invesco Fundamentals
| Price To Earning | 1.52 X | ||||
| Price To Book | 3.85 X | ||||
| Price To Sales | 2.54 X | ||||
| Total Asset | 540.03 M | ||||
| Year To Date Return | 2.25 % | ||||
| One Year Return | 13.55 % | ||||
| Three Year Return | 25.57 % | ||||
| Five Year Return | 8.90 % | ||||
| Ten Year Return | 14.58 % | ||||
| Net Asset | 3.58 B | ||||
| Cash Position Weight | 1.15 % | ||||
| Equity Positions Weight | 98.84 % |
About Invesco Summit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Summit Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Summit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Summit Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund invests primarily in equity securities of issuers of all market capitalizations that are considered by the funds portfolio managers to have potential for earnings or revenue growth. The principal type of equity securities in which it invests is common stock. The fund does not invest in companies whose primary business involves alcohol, tobacco or gambling. It may invest up to 25 percent of its net assets in foreign securities, including up to 10 percent of its net assets in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles. The fund is non-diversified.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Invesco Mutual Fund
Invesco Summit 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 Summit security.
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