Invesco Municipal Income Stock Market Value
| OIA Stock | USD 5.99 0.03 0.50% |
| Symbol | Invesco |
Invesco Municipal Income Price To Book Ratio
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 10.189 | Dividend Share 0.337 | Earnings Share 0.69 | Revenue Per Share | Quarterly Revenue Growth 0.039 |
The market value of Invesco Municipal Income 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.
Invesco Municipal 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Invesco Municipal's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Invesco Municipal.
| 02/13/2025 |
| 03/15/2025 |
If you would invest 0.00 in Invesco Municipal on February 13, 2025 and sell it all today you would earn a total of 0.00 from holding Invesco Municipal Income or generate 0.0% return on investment in Invesco Municipal over 30 days. Invesco Municipal is related to or competes with DWS Municipal, MFS Municipal, MFS High, Blackrock Muniyield, MFS Investment, Eaton Vance, and Blackrock Munivest. Invesco Municipal Income Opportunities Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd More
Invesco Municipal Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Invesco Municipal's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Invesco Municipal Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0435 | |||
| Maximum Drawdown | 3.67 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.04 |
Invesco Municipal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Municipal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Invesco Municipal's standard deviation. In reality, there are many statistical measures that can use Invesco Municipal historical prices to predict the future Invesco Municipal's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.0324 | |||
| Treynor Ratio | (0.51) |
Invesco Municipal Income Backtested Returns
Invesco Municipal Income holds Efficiency (Sharpe) Ratio of -0.052, which attests that the entity had a -0.052 % return per unit of risk over the last 3 months. Invesco Municipal Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Invesco Municipal's Market Risk Adjusted Performance of (0.50), risk adjusted performance of (0.1), and Standard Deviation of 0.8238 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco Municipal is expected to be smaller as well. At this point, Invesco Municipal Income has a negative expected return of -0.0409%. Please make sure to check out Invesco Municipal's kurtosis, as well as the relationship between the rate of daily change and price action indicator , to decide if Invesco Municipal Income performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.86 |
Excellent reverse predictability
Invesco Municipal Income has excellent reverse predictability. Overlapping area represents the amount of predictability between Invesco Municipal time series from 13th of February 2025 to 28th of February 2025 and 28th of February 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Invesco Municipal Income price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Invesco Municipal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Invesco Municipal Income lagged returns against current returns
Autocorrelation, which is Invesco Municipal stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Invesco Municipal's stock expected returns. We can calculate the autocorrelation of Invesco Municipal returns to help us make a trade decision. For example, suppose you find that Invesco Municipal has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Invesco Municipal regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Invesco Municipal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Invesco Municipal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Invesco Municipal stock over time.
Current vs Lagged Prices |
| Timeline |
Invesco Municipal Lagged Returns
When evaluating Invesco Municipal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Invesco Municipal stock have on its future price. Invesco Municipal autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Invesco Municipal autocorrelation shows the relationship between Invesco Municipal stock current value and its past values and can show if there is a momentum factor associated with investing in Invesco Municipal Income.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Invesco Municipal Income 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 Income Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Municipal Income Stock:Check out Invesco Municipal Correlation, Invesco Municipal Volatility and Invesco Municipal Alpha and Beta module to complement your research on Invesco Municipal. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Invesco Municipal technical stock 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, stock market cycles, or different charting patterns.