Invesco Technology Financials

ITYYX Fund  USD 72.89  1.04  1.41%   
Financial data analysis helps to validate if markets are presently mispricing Invesco Technology. We have analyzed and interpolated fifteen available reported financial drivers for Invesco Technology, which can be compared to its competitors. The fund experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Invesco Technology to be traded at $70.7 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Invesco Technology Fund Summary

Invesco Technology competes with Veea, VivoPower International, WEBTOON Entertainment, Invesco Municipal, and Invesco Municipal. The fund invests, under normal circumstances, at least 80 percent of its net assets in securities of issuers engaged in technology-related industries, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in equity securities. The principal type of equity security in which the fund invests is common stock. It is non-diversified.
Specialization
Technology, Large Growth
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressAim Sector Funds
Mutual Fund FamilyInvesco
Mutual Fund CategoryTechnology
BenchmarkDow Jones Industrial
Phone800 959 4246
CurrencyUSD - US Dollar

Invesco Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Invesco Technology's current stock value. Our valuation model uses many indicators to compare Invesco Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Technology competition to find correlations between indicators driving Invesco Technology's intrinsic value. More Info.
Invesco Technology Fund is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to book among similar funds fabricating about  2.50  of Price To Book per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco Technology's earnings, one of the primary drivers of an investment's value.

Invesco Technology Systematic Risk

Invesco Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Invesco Technology correlated with the market. If Beta is less than 0 Invesco Technology generally moves in the opposite direction as compared to the market. If Invesco Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Technology is generally in the same direction as the market. If Beta > 1 Invesco Technology moves generally in the same direction as, but more than the movement of the benchmark.

Invesco Technology Thematic Clasifications

Invesco Technology Fund is part of Tech Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in technology. Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services
Tech FundsView
This theme covers Funds investing in technology. Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. Get More Thematic Ideas
Invesco Technology Fund is currently considered the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Technology category is currently estimated at about 22.55 Billion. Invesco Technology holds roughly 1.03 Billion in net asset claiming about 5% of funds listed under Technology category.

Invesco Technology November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Invesco Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Technology Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Technology Fund based on widely used predictive technical indicators. In general, we focus on analyzing Invesco Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Invesco Technology's daily price indicators and compare them against related drivers.

Other Information on Investing in Invesco Mutual Fund

Invesco Technology 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 Technology security.
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