Invesco Discovery Fund Manager Performance Evaluation
| DIGGX Fund | USD 94.72 0.92 0.98% |
The fund retains a Market Volatility (i.e., Beta) of 0.92, which attests to possible diversification benefits within a given portfolio. Invesco Discovery returns are very sensitive to returns on the market. As the market goes up or down, Invesco Discovery is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Invesco Discovery has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's technical and fundamental indicators remain fairly strong which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...more1 | Arts Foundation Of Cape Cod Selects Joe Diggs As Artist of the Year - CapeNews.net | 02/10/2025 |
| Expense Ratio | 0.6800 |
Invesco |
Invesco Discovery Relative Risk vs. Return Landscape
If you would invest 11,406 in Invesco Discovery on November 29, 2024 and sell it today you would lose (1,934) from holding Invesco Discovery or give up 16.96% of portfolio value over 90 days. Invesco Discovery is currently producing negative expected returns and takes up 1.5538% volatility of returns over 90 trading days. Put another way, 13% of traded mutual funds are less volatile than Invesco, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Invesco Discovery Current Valuation
Overvalued
Today
Please note that Invesco Discovery's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Invesco Discovery retains a regular Real Value of $86.2 per share. The prevalent price of the fund is $94.72. We determine the value of Invesco Discovery 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 Discovery is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Invesco Mutual Fund. However, Invesco Discovery'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 94.72 | Real 86.2 | Hype 94.57 | Naive 95.19 |
The intrinsic value of Invesco Discovery'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 Discovery'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 Discovery 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 Discovery more accurately as focusing exclusively on Invesco Discovery's fundamentals will not take into account other important factors: Invesco Discovery Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Discovery's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Invesco Discovery, and traders can use it to determine the average amount a Invesco Discovery'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 = -0.1946
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DIGGX |
Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco Discovery is not performing at its full potential. However, 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 Discovery by adding Invesco Discovery to a well-diversified portfolio.
Invesco Discovery Fundamentals Growth
Invesco Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Invesco Discovery, and Invesco Discovery 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 | 3.35 B | ||||
About Invesco Discovery Performance
Evaluating Invesco Discovery's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco Discovery 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 Discovery 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 mainly invests in common stocks of U.S. companies that the portfolio managers believe have favorable growth prospects. It emphasizes stocks of small-capitalization companies. The fund managers consider a small-capitalization company to be one that has a market capitalization, at the time of purchase, within the range of market capitalizations of the Russell 2000 Growth Index. A companys market capitalization is the value of its outstanding common stock.Things to note about Invesco Discovery performance evaluation
Checking the ongoing alerts about Invesco Discovery for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Invesco Discovery help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Invesco Discovery generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Arts Foundation Of Cape Cod Selects Joe Diggs As Artist of the Year - CapeNews.net | |
| The fund retains 96.76% of its assets under management (AUM) in equities |
- Analyzing Invesco Discovery'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 Discovery's stock is overvalued or undervalued compared to its peers.
- Examining Invesco Discovery'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 Discovery's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Invesco Discovery's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Invesco Discovery's mutual fund. These opinions can provide insight into Invesco Discovery's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Invesco Mutual Fund
Invesco Discovery 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 Discovery security.
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