Invesco Income Competition

ILAAX Fund

USD 10.78 0.06 0.56%

Invesco Income Allocation competes with Invesco Real, Invesco Municipal, Invesco Municipal, Invesco Municipal, and Invesco High; as well as few others. The fund is listed under Allocation--30% to 50% Equity category and is part of Invesco family. Analyzing Invesco Income competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Invesco Income to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Invesco Income Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Invesco Income competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
10.49	10.78	11.07

Details

Intrinsic

Valuation

Low	Real	High
10.46	10.75	11.04

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Invesco Income. Your research has to be compared to or analyzed against Invesco Income's peers to derive any actionable benefits. When done correctly, Invesco Income's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Invesco Income Allocation.

Invesco Income Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco Income and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Invesco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Invesco Income Allocation does not affect the price movement of the other competitor.

	REINX	IBVIX	VMICX	VMIBX	VMINX	VMIIX	IBVYX	AMHYX	MSVCX
REINX		-0.13	0.59	0.0	0.54	0.54	-0.13	-0.01	0.03	REINX
IBVIX	-0.13		0.02	0.0	0.07	0.05	0.82	0.21	-0.03	IBVIX
VMICX	0.59	0.02		0.0	0.99	0.99	0.03	0.24	-0.01	VMICX
VMIBX	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	VMIBX
VMINX	0.54	0.07	0.99	0.0		1.0	0.07	0.32	-0.03	VMINX
VMIIX	0.54	0.05	0.99	0.0	1.0		0.06	0.36	-0.03	VMIIX
IBVYX	-0.13	0.82	0.03	0.0	0.07	0.06		0.2	0.0	IBVYX
AMHYX	-0.01	0.21	0.24	0.0	0.32	0.36	0.2		0.03	AMHYX
MSVCX	0.03	-0.03	-0.01	0.0	-0.03	-0.03	0.0	0.03		MSVCX
	REINX	IBVIX	VMICX	VMIBX	VMINX	VMIIX	IBVYX	AMHYX	MSVCX

Click cells to compare fundamentals

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High positive correlations

VMIIX	+ 1.0	VMINX
VMINX	+ 0.99	VMICX
VMIIX	+ 0.99	VMICX
IBVYX	+ 0.82	IBVIX
VMICX	+ 0.59	REINX
VMINX	+ 0.54	REINX

High negative correlations

IBVYX	- 0.13	REINX
IBVIX	- 0.13	REINX
MSVCX	- 0.03	VMIIX
MSVCX	- 0.03	VMINX
MSVCX	- 0.03	IBVIX
MSVCX	- 0.01	VMICX

Risk-Adjusted Indicators

There is a big difference between Invesco Mutual Fund performing well and Invesco Income Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Invesco Income's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
REINX	0.69	0.03	(0.09)	0.67	0.82	(0.72)	1.20	(1.21)	3.61
IBVIX	0.91	0.09	(0.02)	(0.36)	2.06	(0.99)	1.29	(1.39)	22.69
VMICX	0.16	0.02	(0.30)	(0.08)	0.22	(0.22)	0.33	(0.41)	1.59
VMIBX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VMINX	0.16	0.02	(0.25)	(0.09)	0.23	(0.20)	0.42	(0.33)	1.58
VMIIX	0.17	0.02	(0.25)	(0.11)	0.23	(0.21)	0.33	(0.41)	1.58
IBVYX	0.56	0.05	(0.06)	(3.08)	0.82	(0.62)	1.15	(1.32)	4.58
AMHYX	0.13	0.02	(0.31)	0.43	0.00	(0.32)	0.28	(0.28)	0.85
MSVCX	2.16	0.15	0.01	0.47	5.41	(2.39)	2.06	(2.04)	77.10

Unable to evaluate fundamental data of [REINX, IBVIX, VMICX, VMIBX, VMINX, VMIIX, IBVYX, AMHYX, MSVCX] at this time. Please try again later

All Fundamental Data

Invesco Income Competitive Analysis

The better you understand Invesco Income competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco Income's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Invesco Income's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	ILAAX	REINX	IBVIX	VMICX	VMINX	VMIIX	IBVYX	AMHYX	MSVCX
	0.56 10.78 Invesco	0.54 18.77 Invesco	0.00 11.23 Invesco	0.25 12.09 Invesco	0.17 12.14 Invesco	0.25 12.13 Invesco	0.00 11.60 Invesco	0.28 3.59 Invesco	0.00 19.50 Invesco
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Insignificant	Very Weak	Insignificant	Insignificant	Insignificant	Very Weak	Good	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Dangerous	Low	Low	Low	Dangerous	Low	Dangerous
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Sell	Not Rated	Sell	Sell	Sell	Not Rated	Strong Sell	Not Rated
Net Asset	542.17 M	1.34 B	61.11 M	3.26 B	3.26 B	2.83 B	74.83 M	1.04 B	1.64 B
Minimum Initial Investment	1000 K	N/A	N/A	N/A	N/A	1 K	1 K	N/A	N/A
Price To Book	1.58	2.86	1.58	N/A	N/A	N/A	1.66	N/A	1.71
Five Year Return	2.87	2.79	-0.18	0.36	1.19	1.41	-0.24	3.47	-1.65
One Year Return	13.47	20.68	-0.53	7.0	7.8	8.38	-0.62	12.72	-8.5
Last Dividend Paid	0.03	0.06	0.14	0.03	0.04	0.04	0.14	0.02	N/A
Price To Earning	16.73	35.72	15.1	N/A	N/A	N/A	15.95	14.68	16.49
Price To Sales	1.68	6.63	1.06	N/A	N/A	N/A	1.3	N/A	1.05
Cash Position Weight	13.67	0.83	3.67	6.37	6.37	N/A	0.36	3.41	3.83
Equity Positions Weight	27.46	99.16	96.33	N/A	N/A	N/A	99.65	0.39	96.17
Three Year Return	1.29	-1.3	-1.52	-1.59	-0.77	-0.49	-1.54	2.58	-2.52
Annual Yield	0.0478	0.0215	N/A	0.004	0.0037	0.0021	N/A	0.0675	N/A
Year To Date Return	7.93	8.64	N/A	2.67	3.37	3.86	N/A	7.85	N/A
Bond Positions Weight	45.03	N/A	N/A	1.67	1.67	99.99	N/A	8.59	N/A
Ten Year Return	5.85	8.19	3.6	3.23	4.08	4.27	3.39	4.98	6.32
Daily Balance Of Power	9.2 T	9.2 T	0.0	9.2 T	9.2 T	9.2 T	0.0	9.2 T	0.0
Day Typical Price	10.78	18.77	11.23	12.09	12.14	12.13	11.6	3.59	19.5
Period Momentum Indicator	0.06	0.1	N/A	0.03	0.02	0.03	N/A	0.01	N/A
Rate Of Daily Change	1.01	1.01	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	10.78	18.77	11.23	12.09	12.14	12.13	11.6	3.59	19.5
Price Action Indicator	0.03	0.05	N/A	0.015	0.01	0.015	N/A	0.005	N/A
Coefficient Of Variation	1165.58	1634.91	2722.79	1435.26	1363.91	1230.94	1331.57	547.48	3301.81
Mean Deviation	0.2249	0.69	0.9143	0.1624	0.1551	0.1676	0.5619	0.1294	2.16
Jensen Alpha	(0.02)	0.0339	0.0915	0.0198	0.0207	0.0243	0.0524	0.0178	0.1537
Total Risk Alpha	(0.03)	(0.08)	(0.26)	(0.03)	(0.03)	(0.03)	(0.07)	(0)	(0.86)
Sortino Ratio	(0.34)	(0.09)	(0.02)	(0.30)	(0.25)	(0.25)	(0.06)	(0.31)	0.0136
Downside Variance	0.0872	0.7454	6.56	0.1316	0.1739	0.172	1.17	0.0882	41.99
Standard Deviation	0.2854	0.8338	2.15	0.258	0.2616	0.2676	0.805	0.1879	7.05
Kurtosis	(0.22)	(0.34)	23.44	6.4	7.53	6.74	3.75	0.8582	32.71
Potential Upside	0.4748	1.2	1.29	0.33	0.4174	0.3344	1.15	0.2833	2.06
Treynor Ratio	0.053	0.6699	(0.36)	(0.08)	(0.09)	(0.11)	(3.08)	0.4298	0.4723
Maximum Drawdown	1.21	3.61	22.69	1.59	1.58	1.58	4.58	0.8531	77.1
Variance	0.0815	0.6951	4.64	0.0666	0.0684	0.0716	0.6481	0.0353	49.63
Market Risk Adjusted Performance	0.063	0.6799	(0.35)	(0.07)	(0.08)	(0.1)	(3.07)	0.4398	0.4823
Risk Adjusted Performance	0.0489	0.0477	0.0346	0.0337	0.0369	0.0436	0.058	0.1092	0.0321
Skewness	0.0546	(0.36)	0.6795	(1.35)	(1.52)	(1.52)	(1.14)	0.5124	2.64
Semi Deviation	0.199	0.8177	2.06	0.2176	0.2254	0.2326	0.8191	0.0	5.41
Information Ratio	(0.35)	(0.09)	(0.02)	(0.42)	(0.41)	(0.39)	(0.08)	(0.48)	0.0125
Value At Risk	(0.47)	(1.21)	(1.39)	(0.41)	(0.33)	(0.41)	(1.32)	(0.28)	(2.04)
Expected Short fall	(0.27)	(0.72)	(0.99)	(0.22)	(0.20)	(0.21)	(0.62)	(0.32)	(2.39)
Downside Deviation	0.2954	0.8633	2.56	0.3627	0.417	0.4147	1.08	0.297	6.48
Semi Variance	0.0396	0.6687	4.23	0.0473	0.0508	0.0541	0.671	(0.02)	29.29

Invesco Income Competition Performance Charts

Five steps to successful analysis of Invesco Income Competition

Invesco Income's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Invesco Income Allocation in relation to its competition. Invesco Income's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Invesco Income in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Invesco Income's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Invesco Income Allocation, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Invesco Income position

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Other Information on Investing in Invesco Mutual Fund

Invesco Income 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 Income security.

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