Invesco Technology Fund Manager Performance Evaluation
| ITYAX Fund | USD 72.74 0.37 0.51% |
The fund retains a Market Volatility (i.e., Beta) of 1.01, which attests to a somewhat significant risk relative to the market. Invesco Technology returns are very sensitive to returns on the market. As the market goes up or down, Invesco Technology is expected to follow.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Invesco Technology Fund are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Invesco Technology showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 26th of August 2022 | |
| Expense Ratio | 1.0700 |
Invesco |
Invesco Technology Relative Risk vs. Return Landscape
If you would invest 6,023 in Invesco Technology Fund on September 16, 2024 and sell it today you would earn a total of 1,251 from holding Invesco Technology Fund or generate 20.77% return on investment over 90 days. Invesco Technology Fund is currently producing 0.2983% returns and takes up 1.2415% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Invesco, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Invesco Technology Current Valuation
Undervalued
Today
Please note that Invesco Technology's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Invesco Technology retains a regular Real Value of $77.8 per share. The prevalent price of the fund is $72.74. We determine the value of Invesco Technology from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Invesco Technology is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Invesco Mutual Fund. However, Invesco Technology's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 72.74 | Real 77.8 | Hype 72.74 | Naive 72.19 |
The intrinsic value of Invesco Technology's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Invesco Technology's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Invesco Technology Fund helps investors to forecast how Invesco mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Invesco Technology more accurately as focusing exclusively on Invesco Technology's fundamentals will not take into account other important factors: Invesco Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Technology's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Invesco Technology Fund, and traders can use it to determine the average amount a Invesco Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2403
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ITYAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Invesco Technology is performing at about 18% 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 Technology by adding it to a well-diversified portfolio.
Invesco Technology Fundamentals Growth
Invesco Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Invesco Technology, and Invesco Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Mutual Fund performance.
| Price To Earning | 1.52 X | ||||
| Price To Book | 3.93 X | ||||
| Price To Sales | 2.90 X | ||||
| Total Asset | 714.35 M | ||||
About Invesco Technology Performance
Evaluating Invesco Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Invesco Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Invesco Technology performance evaluation
Checking the ongoing alerts about Invesco Technology for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Invesco Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 98.03% of its assets under management (AUM) in equities |
- Analyzing Invesco Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Invesco Technology's stock is overvalued or undervalued compared to its peers.
- Examining Invesco Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Invesco Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Invesco Technology's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Invesco Technology's mutual fund. These opinions can provide insight into Invesco Technology's potential for growth and whether the stock is currently undervalued or overvalued.
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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