Invesco Amt Free Municipal Fund Manager Performance Evaluation
| IORAX Fund | USD 6.83 0.03 0.44% |
The fund retains a Market Volatility (i.e., Beta) of -0.0649, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco Amt are expected to decrease at a much lower rate. During the bear market, Invesco Amt is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Invesco Amt Free Municipal has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Invesco Amt is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.6200 |
Invesco |
Invesco Amt Relative Risk vs. Return Landscape
If you would invest 694.00 in Invesco Amt Free Municipal on September 21, 2024 and sell it today you would lose (14.00) from holding Invesco Amt Free Municipal or give up 2.02% of portfolio value over 90 days. Invesco Amt Free Municipal is currently producing negative expected returns and takes up 0.3372% volatility of returns over 90 trading days. Put another way, 3% 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 Amt Current Valuation
Overvalued
Today
Please note that Invesco Amt's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Invesco Amt Free retains a regular Real Value of $6.59 per share. The prevalent price of the fund is $6.83. We determine the value of Invesco Amt Free 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 Amt is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Invesco Mutual Fund. However, Invesco Amt'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 6.83 | Real 6.59 | Hype 6.8 | Naive 6.74 |
The intrinsic value of Invesco Amt'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 Amt'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 Amt Free Municipal 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 Amt more accurately as focusing exclusively on Invesco Amt's fundamentals will not take into account other important factors: Invesco Amt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco Amt's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Invesco Amt Free Municipal, and traders can use it to determine the average amount a Invesco Amt'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 = -0.0927
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| Negative Returns | IORAX |
Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco Amt 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 Amt by adding Invesco Amt to a well-diversified portfolio.
Invesco Amt Fundamentals Growth
Invesco Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Invesco Amt, and Invesco Amt 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 | 2.5 B | ||||
About Invesco Amt Performance
Evaluating Invesco Amt's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Invesco Amt 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 Amt 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 market conditions, and as a fundamental policy, the fund invests at least 80 percent of its net assets in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the funds state income tax. It will not invest in municipal securities the interest on which would be subject to the federal alternative minimum tax .Things to note about Invesco Amt Free performance evaluation
Checking the ongoing alerts about Invesco Amt for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Invesco Amt Free help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Invesco Amt Free generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Invesco Amt Free retains about 8.36% of its assets under management (AUM) in cash |
- Analyzing Invesco Amt'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 Amt's stock is overvalued or undervalued compared to its peers.
- Examining Invesco Amt'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 Amt's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Invesco Amt's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Invesco Amt's mutual fund. These opinions can provide insight into Invesco Amt's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Invesco Mutual Fund
Invesco Amt 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 Amt security.
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