Invesco Asia Pacific Fund Price on September 19, 2024
ASIAX Fund | USD 29.74 0.10 0.34% |
Below is the normalized historical share price chart for Invesco Asia Pacific extending back to May 18, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco Asia stands at 29.74, as last reported on the 29th of November, with the highest price reaching 29.74 and the lowest price hitting 29.74 during the day.
If you're considering investing in Invesco Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Invesco Mutual Fund to be very steady. Invesco Asia Pacific holds Efficiency (Sharpe) Ratio of 0.0342, which attests that the entity had a 0.0342% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Asia Pacific, which you can use to evaluate the volatility of the entity. Please check out Invesco Asia's Risk Adjusted Performance of 0.0062, downside deviation of 0.9209, and insignificant Market Risk Adjusted Performance to validate if the risk estimate we provide is consistent with the expected return of 0.0332%.
Invesco Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Invesco |
Sharpe Ratio = 0.0342
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Estimated Market Risk
0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Invesco Asia is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco Asia by adding it to a well-diversified portfolio.
Invesco Asia Valuation on September 19, 2024
It is possible to determine the worth of Invesco Asia on a given historical date. On September 19, 2024 Invesco was worth 30.61 at the beginning of the trading date compared to the closed value of 30.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Asia mutual fund. Still, in general, we apply an absolute valuation method to find Invesco Asia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Asia's related companies.
Open | High | Low | Close | Volume | |
29.85 | 29.85 | 29.85 | 29.85 | 1.00 | |
09/19/2024 | 30.61 | 30.61 | 30.61 | 30.61 | 1.00 |
30.55 | 30.55 | 30.55 | 30.55 | 1.00 |
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Invesco Asia Trading Date Momentum on September 19, 2024
On September 20 2024 Invesco Asia Pacific was traded for 30.55 at the closing time. The highest daily price throughout the period was 30.55 and the lowest price was 30.55 . There was no trading activity during the period 1.0. Lack of trading volume on 09/20/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.20% . The trading delta at closing time to current closing price is 4.80% . |
Invesco Asia Pacific Fundamentals Correlations and Trends
By evaluating Invesco Asia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Invesco Asia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Invesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Invesco Asia Mutual Fund history
Invesco Asia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco Asia Pacific will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco Asia stock prices may prove useful in developing a viable investing in Invesco Asia
The fund invests at least 80 percent of its net assets in equity securities of issuers in the Asia Pacific region , and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in equity securities and depositary receipts. The fund may invest in the securities of issuers of all capitalization sizes and may invest a significant amount of its net assets in the securities of small- and mid-capitalization issuers. The funds common stock investments also include China-A shares.
Invesco Asia Mutual Fund Technical Analysis
Invesco Asia technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Invesco Asia Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Invesco Asia Pacific cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Invesco Asia November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Asia mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Asia shares will generate the highest return on investment. By undertsting and applying Invesco Asia mutual fund market strength indicators, traders can identify Invesco Asia Pacific entry and exit signals to maximize returns
Invesco Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Asia's price direction in advance. Along with the technical and fundamental analysis of Invesco Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0062 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.13) | |||
Treynor Ratio | (0.01) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Invesco Mutual Fund
Invesco Asia 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 Asia security.
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