Invesco Non Currrent Assets Other vs Short Long Term Debt Total Analysis

VMO Stock  USD 10.15  0.08  0.79%   
Invesco Municipal financial indicator trend analysis is infinitely more than just investigating Invesco Municipal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invesco Municipal is a good investment. Please check the relationship between Invesco Municipal Non Currrent Assets Other and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Non Currrent Assets Other vs Short Long Term Debt Total

Non Currrent Assets Other vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invesco Municipal Non Currrent Assets Other account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Invesco Municipal's Non Currrent Assets Other and Short Long Term Debt Total is -0.39. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Invesco Municipal Opportunity, assuming nothing else is changed. The correlation between historical values of Invesco Municipal's Non Currrent Assets Other and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Invesco Municipal Opportunity are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Currrent Assets Other i.e., Invesco Municipal's Non Currrent Assets Other and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Long Term Debt Total

Most indicators from Invesco Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invesco Municipal current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of the 29th of November 2024, Selling General Administrative is likely to grow to about 6.5 M. Also, Sales General And Administrative To Revenue is likely to grow to 0.13
 2021 2022 2023 2024 (projected)
Operating Income46.9M47.3M42.6M38.1M
Other Operating Expenses152.6M6.8M7.9M7.5M

Invesco Municipal fundamental ratios Correlations

0.49-0.670.2-0.15-0.82-0.340.180.74-0.61-0.870.91-0.650.650.70.54-0.670.510.060.030.160.2-0.13-0.520.01-0.06
0.490.13-0.260.25-0.14-0.930.32-0.03-0.06-0.640.280.160.28-0.03-0.080.130.820.05-0.010.470.66-0.19-0.530.72-0.7
-0.670.13-0.160.360.9-0.25-0.13-0.980.660.64-0.891.0-0.51-0.96-0.91.00.15-0.06-0.080.290.32-0.230.20.42-0.12
0.2-0.26-0.16-0.54-0.130.4-0.480.26-0.430.160.09-0.140.180.310.22-0.16-0.13-0.39-0.40.320.05-0.420.26-0.10.69
-0.150.250.36-0.540.29-0.40.66-0.40.6-0.08-0.230.33-0.12-0.5-0.310.360.330.230.22-0.4-0.240.47-0.3-0.18-0.23
-0.82-0.140.9-0.130.290.01-0.06-0.930.740.77-0.930.89-0.56-0.9-0.810.9-0.21-0.17-0.150.010.020.030.390.24-0.05
-0.34-0.93-0.250.4-0.40.01-0.420.16-0.080.56-0.16-0.27-0.230.160.15-0.25-0.82-0.16-0.1-0.35-0.570.070.45-0.70.69
0.180.32-0.13-0.480.66-0.06-0.420.070.3-0.480.24-0.150.30.040.16-0.140.130.390.4-0.58-0.470.85-0.25-0.07-0.36
0.74-0.03-0.980.26-0.4-0.930.160.07-0.72-0.70.92-0.970.550.980.93-0.98-0.050.040.05-0.15-0.170.1-0.29-0.30.12
-0.61-0.060.66-0.430.60.74-0.080.3-0.720.47-0.670.64-0.25-0.73-0.590.66-0.140.130.15-0.4-0.230.350.260.02-0.11
-0.87-0.640.640.16-0.080.770.56-0.48-0.70.47-0.890.63-0.63-0.67-0.620.64-0.54-0.18-0.15-0.01-0.16-0.150.61-0.150.41
0.910.28-0.890.09-0.23-0.93-0.160.240.92-0.67-0.89-0.870.630.890.78-0.890.240.10.09-0.07-0.020.09-0.47-0.15-0.09
-0.650.161.0-0.140.330.89-0.27-0.15-0.970.640.63-0.87-0.48-0.95-0.91.00.17-0.07-0.090.320.35-0.260.210.46-0.13
0.650.28-0.510.18-0.12-0.56-0.230.30.55-0.25-0.630.63-0.480.580.45-0.510.30.130.11-0.16-0.070.13-0.110.090.0
0.7-0.03-0.960.31-0.5-0.90.160.040.98-0.73-0.670.89-0.950.580.93-0.96-0.080.020.03-0.1-0.140.09-0.17-0.210.11
0.54-0.08-0.90.22-0.31-0.810.150.160.93-0.59-0.620.78-0.90.450.93-0.9-0.150.060.08-0.23-0.240.24-0.22-0.290.11
-0.670.131.0-0.160.360.9-0.25-0.14-0.980.660.64-0.891.0-0.51-0.96-0.90.16-0.04-0.060.290.31-0.230.20.41-0.11
0.510.820.15-0.130.33-0.21-0.820.13-0.05-0.14-0.540.240.170.3-0.08-0.150.160.160.070.530.62-0.39-0.50.47-0.36
0.060.05-0.06-0.390.23-0.17-0.160.390.040.13-0.180.1-0.070.130.020.06-0.040.160.99-0.2-0.220.31-0.33-0.080.05
0.03-0.01-0.08-0.40.22-0.15-0.10.40.050.15-0.150.09-0.090.110.030.08-0.060.070.99-0.27-0.290.38-0.3-0.120.06
0.160.470.290.32-0.40.01-0.35-0.58-0.15-0.4-0.01-0.070.32-0.16-0.1-0.230.290.53-0.2-0.270.87-0.84-0.130.66-0.13
0.20.660.320.05-0.240.02-0.57-0.47-0.17-0.23-0.16-0.020.35-0.07-0.14-0.240.310.62-0.22-0.290.87-0.81-0.310.77-0.42
-0.13-0.19-0.23-0.420.470.030.070.850.10.35-0.150.09-0.260.130.090.24-0.23-0.390.310.38-0.84-0.810.07-0.38-0.13
-0.52-0.530.20.26-0.30.390.45-0.25-0.290.260.61-0.470.21-0.11-0.17-0.220.2-0.5-0.33-0.3-0.13-0.310.07-0.050.31
0.010.720.42-0.1-0.180.24-0.7-0.07-0.30.02-0.15-0.150.460.09-0.21-0.290.410.47-0.08-0.120.660.77-0.38-0.05-0.63
-0.06-0.7-0.120.69-0.23-0.050.69-0.360.12-0.110.41-0.09-0.130.00.110.11-0.11-0.360.050.06-0.13-0.42-0.130.31-0.63
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Invesco Municipal Account Relationship Matchups

Invesco Municipal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.4B1.2B1.2B1.4B1.5B
Total Stockholder Equity907.7M863.4M715.0M743.5M669.2M694.5M
Retained Earnings57.6M12.7M(132.9M)(103.7M)(119.2M)(113.3M)
Accounts Payable2.0M12.6M18.6M8.6M7.7M7.2M
Other Assets360.5M327.9M159.9M(89.0M)(102.4M)(97.3M)
Long Term Debt601.8M621.5M590.7M573.3M659.3M565.1M
Net Receivables17.2M18.8M21.4M12.2M11.0M12.0M
Short Term Investments(407.5M)(359.3M)(327.9M)(159.9M)(143.9M)(151.1M)
Total Liab593.2M586.2M494.9M437.7M503.4M557.2M
Long Term Investments1.5B1.4B1.2B1.2B1.3B1.4B
Common Stock850.1M850.7M848.0M847.2M974.3M785.9M
Short Long Term Debt Total590.7M573.3M107.1M427.2M384.5M448.4M
Other Current Liab467.2K236.7K(18.6M)1.8M2.1M2.0M
Total Current Liabilities2.5M12.8M20.2M10.4M12.0M11.4M
Net Debt219.1M203.0M85.2M427.2M384.5M323.5M
Non Current Assets Total1.1B1.1B1.0B1.3B1.1B1.1B
Non Currrent Assets Other(359.3M)(327.9M)(159.9M)(1.2B)(1.3B)(1.4B)
Cash And Short Term Investments(407.5M)4.0M2.8M21.9M25.2M26.5M
Liabilities And Stockholders Equity1.5B1.4B1.2B1.2B1.1B1.2B
Non Current Liabilities Total590.7M573.3M474.7M427.3M384.6M448.2M
Total Current Assets20.0M21.5M43.4M12.2M14.1M17.2M
Long Term Debt Total601.8M621.5M590.7M573.3M516.0M493.6M
Net Invested Capital1.1B1.1B822.1M803.2M722.8M831.2M
Other Current Assets1.00.0(43.4M)(12.2M)(11.0M)(11.6M)
Capital Stock850.1M850.7M848.0M847.2M762.5M679.6M

Pair Trading with Invesco Municipal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Municipal will appreciate offsetting losses from the drop in the long position's value.

Moving against Invesco Stock

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The ability to find closely correlated positions to Invesco Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Municipal Opportunity to buy it.
The correlation of Invesco Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Invesco Municipal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Municipal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Municipal Opportunity Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Municipal Opportunity Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Opportunity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Municipal. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.781
Dividend Share
0.511
Earnings Share
0.97
Revenue Per Share
0.801
Quarterly Revenue Growth
(0.01)
The market value of Invesco Municipal is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Municipal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Municipal's market value can be influenced by many factors that don't directly affect Invesco Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.