Invesco Historical Income Statement
| VKQ Stock | USD 10.18 0.19 1.90% |
Historical analysis of Invesco Municipal income statement accounts such as Interest Expense of 28.1 M, Selling General Administrative of 5.7 M, Total Revenue of 32.1 M or Gross Profit of 26.8 M can show how well Invesco Municipal Trust performed in making a profits. Evaluating Invesco Municipal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Invesco Municipal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Invesco Municipal Trust latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Invesco Municipal Trust is a good buy for the upcoming year.
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About Invesco Income Statement Analysis
Invesco Municipal Trust Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Invesco Municipal shareholders. The income statement also shows Invesco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Invesco Municipal Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Invesco Municipal Trust. It is also known as Invesco Municipal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Invesco Municipal Trust financial statement analysis. It represents the amount of money remaining after all of Invesco Municipal Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Invesco Municipal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Invesco Municipal Trust current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, Invesco Municipal's Income Before Tax is relatively stable compared to the past year. As of 11/28/2024, Total Other Income Expense Net is likely to grow to about 10 M, while Gross Profit is likely to drop slightly above 26.8 M.
Invesco Municipal income statement Correlations
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Invesco Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Invesco Municipal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Municipal will appreciate offsetting losses from the drop in the long position's value.Moving against Invesco Stock
| 0.55 | L | Loews Corp | PairCorr |
| 0.48 | ARCC | Ares Capital | PairCorr |
| 0.47 | C | Citigroup Aggressive Push | PairCorr |
| 0.46 | AX | Axos Financial | PairCorr |
| 0.43 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Invesco Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Municipal Trust to buy it.
The correlation of Invesco Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Municipal Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional 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.