Invesco Trust Correlations

VGM Stock

USD 10.09 0.08 0.80%

The current 90-days correlation between Invesco Trust For and Invesco Municipal Income is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Trust For moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Invesco Trust Correlation With Market

Modest diversification

The correlation between Invesco Trust For and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Invesco Trust For and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Trust For. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Invesco Stock

0.72	V	Visa Class A	Pair Corr
0.62	MA	Mastercard Sell-off Trend	Pair Corr
0.64	MFA	MFA Financial	Pair Corr
0.75	TWO	Two Harbors Investments	Pair Corr
0.66	BBUC	Brookfield Business Corp	Pair Corr
0.76	COOP	Mr Cooper Group	Pair Corr
0.75	BK	Bank of New York	Pair Corr
0.66	GL	Globe Life	Pair Corr

Moving against Invesco Stock

0.55	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.41	WD	Walker Dunlop	Pair Corr
0.65	VALU	Value Line	Pair Corr
0.55	LC	LendingClub Corp Sell-off Trend	Pair Corr
0.46	WT	WisdomTree	Pair Corr
0.39	CM	Canadian Imperial Bank	Pair Corr
0.35	KB	KB Financial Group	Pair Corr
0.31	EG	Everest Group	Pair Corr

Related Correlations Analysis

	OIA	KTF	MFM	CXE	MYD	VKQ	IQI	VMO	VKI	VCV
OIA		0.83	0.83	0.78	0.9	0.75	0.74	0.89	0.77	0.26	OIA
KTF	0.83		0.87	0.89	0.88	0.84	0.84	0.91	0.88	0.49	KTF
MFM	0.83	0.87		0.91	0.91	0.87	0.9	0.9	0.85	0.46	MFM
CXE	0.78	0.89	0.91		0.88	0.91	0.91	0.91	0.9	0.5	CXE
MYD	0.9	0.88	0.91	0.88		0.89	0.87	0.92	0.88	0.43	MYD
VKQ	0.75	0.84	0.87	0.91	0.89		0.97	0.93	0.94	0.68	VKQ
IQI	0.74	0.84	0.9	0.91	0.87	0.97		0.92	0.92	0.64	IQI
VMO	0.89	0.91	0.9	0.91	0.92	0.93	0.92		0.91	0.57	VMO
VKI	0.77	0.88	0.85	0.9	0.88	0.94	0.92	0.91		0.65	VKI
VCV	0.26	0.49	0.46	0.5	0.43	0.68	0.64	0.57	0.65		VCV
	OIA	KTF	MFM	CXE	MYD	VKQ	IQI	VMO	VKI	VCV

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Risk-Adjusted Indicators

There is a big difference between Invesco Stock performing well and Invesco Trust Company 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 Trust'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
OIA	0.61	(0.11)	0.00	(3.29)	0.00	0.00	1.04	(1.64)	3.67
KTF	0.38	(0.06)	0.00	(0.75)	0.00	0.00	0.75	(1.03)	2.76
MFM	0.62	(0.03)	0.00	(0.22)	0.00	0.00	1.12	(1.50)	3.55
CXE	0.61	(0.04)	0.00	(0.69)	0.00	0.00	0.82	(1.33)	4.08
MYD	0.47	(0.05)	0.00	(0.39)	0.00	0.00	0.97	(1.06)	2.63
VKQ	0.49	(0.04)	0.00	(0.27)	0.00	0.00	1.04	(1.24)	3.24
IQI	0.47	(0.03)	0.00	(0.29)	0.00	0.00	1.17	(0.83)	2.53
VMO	0.42	(0.07)	0.00	4.71	0.00	0.00	0.96	(1.06)	2.19
VKI	0.54	(0.04)	0.00	(0.33)	0.00	0.00	1.18	(1.03)	2.92
VCV	0.56	0.03	0.12	0.17	0.73	(0.59)	1.52	(1.18)	4.27

Invesco Trust Corporate Management

Anthony LaCava	Independent Trustee	Profile
Todd Kuehl	Chief Compliance Officer	Profile
Teresa Ressel	Independent Trustee	Profile
Tim OReilly	Portfolio Manager	Profile
Robert Troccoli	Independent Trustee	Profile

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