Invesco Cash vs Net Receivables Analysis
VMO Stock | USD 9.87 0.01 0.10% |
Invesco Municipal financial indicator trend analysis is infinitely more than just investigating Invesco Municipal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invesco Municipal is a good investment. Please check the relationship between Invesco Municipal Cash and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Cash vs Net Receivables
Cash vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invesco Municipal Cash account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Invesco Municipal's Cash and Net Receivables is -0.08. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Invesco Municipal Opportunity, assuming nothing else is changed. The correlation between historical values of Invesco Municipal's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Invesco Municipal Opportunity are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Invesco Municipal's Cash and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Invesco Municipal, which is listed under current asset account on Invesco Municipal Opportunity balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Invesco Municipal customers. The amounts must be unrestricted with restricted cash listed in a different Invesco Municipal account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Receivables
Most indicators from Invesco Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invesco Municipal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of the 22nd of November 2024, Selling General Administrative is likely to grow to about 6.5 M. Also, Sales General And Administrative To Revenue is likely to grow to 0.13
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 46.9M | 47.3M | 42.6M | 38.1M | Other Operating Expenses | 152.6M | 6.8M | 7.9M | 7.5M |
Invesco Municipal fundamental ratios Correlations
Click cells to compare fundamentals
Invesco Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Invesco Municipal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.4B | 1.2B | 1.2B | 1.4B | 1.5B | |
Total Stockholder Equity | 907.7M | 863.4M | 715.0M | 743.5M | 669.2M | 694.5M | |
Retained Earnings | 57.6M | 12.7M | (132.9M) | (103.7M) | (119.2M) | (113.3M) | |
Accounts Payable | 2.0M | 12.6M | 18.6M | 8.6M | 7.7M | 7.2M | |
Other Assets | 360.5M | 327.9M | 159.9M | (89.0M) | (102.4M) | (97.3M) | |
Long Term Debt | 601.8M | 621.5M | 590.7M | 573.3M | 659.3M | 565.1M | |
Net Receivables | 17.2M | 18.8M | 21.4M | 12.2M | 11.0M | 12.0M | |
Short Term Investments | (407.5M) | (359.3M) | (327.9M) | (159.9M) | (143.9M) | (151.1M) | |
Total Liab | 593.2M | 586.2M | 494.9M | 437.7M | 503.4M | 557.2M | |
Long Term Investments | 1.5B | 1.4B | 1.2B | 1.2B | 1.3B | 1.4B | |
Common Stock | 850.1M | 850.7M | 848.0M | 847.2M | 974.3M | 785.9M | |
Short Long Term Debt Total | 590.7M | 573.3M | 107.1M | 427.2M | 384.5M | 448.4M | |
Other Current Liab | 467.2K | 236.7K | (18.6M) | (8.6M) | (7.7M) | (7.4M) | |
Total Current Liabilities | 2.5M | 12.8M | 20.2M | 10.2M | 11.7M | 11.1M | |
Net Debt | 219.1M | 203.0M | 85.2M | 427.2M | 384.5M | 323.5M | |
Non Current Assets Total | 1.1B | 1.1B | 1.0B | 1.3B | 1.1B | 1.1B | |
Non Currrent Assets Other | (359.3M) | (327.9M) | (159.9M) | (1.2B) | (1.3B) | (1.4B) | |
Cash And Short Term Investments | (407.5M) | 4.0M | 2.8M | 21.9M | 25.2M | 26.5M | |
Liabilities And Stockholders Equity | 1.5B | 1.4B | 1.2B | 1.2B | 1.1B | 1.2B | |
Non Current Liabilities Total | 590.7M | 573.3M | 474.7M | 427.3M | 384.6M | 448.2M | |
Total Current Assets | 20.0M | 21.5M | 43.4M | 12.2M | 14.1M | 17.2M | |
Long Term Debt Total | 601.8M | 621.5M | 590.7M | 573.3M | 516.0M | 493.6M | |
Net Invested Capital | 1.1B | 1.1B | 822.1M | 803.2M | 722.8M | 831.2M | |
Other Current Assets | 1.0 | 0.0 | (43.4M) | (12.2M) | (11.0M) | (11.6M) | |
Capital Stock | 850.1M | 850.7M | 848.0M | 847.2M | 762.5M | 679.6M |
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
0.62 | LC | LendingClub Corp | PairCorr |
0.45 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
0.42 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
0.39 | 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 Opportunity 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 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Municipal. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.781 | Dividend Share 0.511 | Earnings Share 0.97 | Revenue Per Share 0.801 | Quarterly Revenue Growth (0.01) |
The market value of Invesco Municipal is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Municipal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Municipal's market value can be influenced by many factors that don't directly affect Invesco Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.