Invesco Steelpath Mlp Fund Manager Performance Evaluation
| SPMJX Fund | USD 5.96 0.07 1.16% |
The fund retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Invesco Steelpath's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Steelpath is expected to be smaller as well.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Invesco Steelpath Mlp are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward-looking indicators, Invesco Steelpath may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio | 8.3100 |
Invesco |
Invesco Steelpath Relative Risk vs. Return Landscape
If you would invest 528.00 in Invesco Steelpath Mlp on September 12, 2024 and sell it today you would earn a total of 68.00 from holding Invesco Steelpath Mlp or generate 12.88% return on investment over 90 days. Invesco Steelpath Mlp is currently producing 0.1987% returns and takes up 1.125% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Invesco, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Invesco Steelpath Current Valuation
Undervalued
Today
Please note that Invesco Steelpath's price fluctuation is not too volatile at this time. At this time, the entity appears to be undervalued. Invesco Steelpath Mlp retains a regular Real Value of $6.31 per share. The prevalent price of the fund is $5.96. We determine the value of Invesco Steelpath Mlp 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 Steelpath is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Invesco Mutual Fund. However, Invesco Steelpath'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 5.96 | Real 6.31 | Hype 5.96 | Naive 5.67 |
The intrinsic value of Invesco Steelpath'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 Steelpath'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 Steelpath Mlp 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 Steelpath more accurately as focusing exclusively on Invesco Steelpath's fundamentals will not take into account other important factors: Invesco Steelpath Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Steelpath's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Invesco Steelpath Mlp, and traders can use it to determine the average amount a Invesco Steelpath'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 = 0.1766
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Invesco Steelpath is performing at about 13% 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 Steelpath by adding it to a well-diversified portfolio.
Invesco Steelpath Fundamentals Growth
Invesco Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Invesco Steelpath, and Invesco Steelpath 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.
| Total Asset | 166.45 M | |||
About Invesco Steelpath Performance
Evaluating Invesco Steelpath's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco Steelpath 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 Steelpath 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets in master limited partnership investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources and in derivatives and other instruments that have economic characteristics similar to such securities. The fund is non-diversified.Things to note about Invesco Steelpath Mlp performance evaluation
Checking the ongoing alerts about Invesco Steelpath for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Invesco Steelpath Mlp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Invesco Steelpath's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Invesco Steelpath's mutual fund performance include:- Analyzing Invesco Steelpath'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 Steelpath's stock is overvalued or undervalued compared to its peers.
- Examining Invesco Steelpath'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 Steelpath's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Invesco Steelpath's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Invesco Steelpath's mutual fund. These opinions can provide insight into Invesco Steelpath's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Invesco Mutual Fund
Invesco Steelpath 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 Steelpath security.
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