Invesco Historical Financial Ratios
| VKQ Stock | USD 9.97 0.09 0.91% |
Invesco Municipal is lately reporting on over 114 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 12.93, Dividend Yield of 0.0608, PTB Ratio of 1.01 or Days Sales Outstanding of 86.5 will help investors to properly organize and evaluate Invesco Municipal Trust financial condition quickly.
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About Invesco Financial Ratios Analysis
Invesco Municipal TrustFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Invesco Municipal investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Invesco financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Invesco Municipal history.
Invesco Municipal Financial Ratios Chart
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Dividend Yield
Dividend Yield is Invesco Municipal Trust dividend as a percentage of Invesco Municipal stock price. Invesco Municipal Trust dividend yield is a measure of Invesco Municipal stock productivity, which can be interpreted as interest rate earned on an Invesco Municipal investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Return On Equity
Return on Equity is the amount of Invesco Municipal Trust net income returned as a percentage of Invesco Municipal equity. Return on equity measures Invesco Municipal profitability by revealing how much profit Invesco Municipal Trust generates with the money shareholders have invested. A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity.Most ratios from Invesco Municipal's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 Average Payables is relatively stable compared to the past year. As of 11/26/2024, PB Ratio is likely to grow to 1.01, while POCF Ratio is likely to drop 18.10.
| 2019 | 2022 | 2023 (projected) | PTB Ratio | 0.96 | 0.89 | 0.87 | Dividend Yield | 0.0465 | 0.053 | 0.0438 |
Invesco Municipal fundamentals 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
| 0.52 | LC | LendingClub Corp | PairCorr |
| 0.41 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.38 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.35 | AB | AllianceBernstein | 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.