Invesco Technology Fund Buy Hold or Sell Recommendation

FTCHX Fund  USD 59.29  0.25  0.42%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Invesco Technology Fund is 'Strong Sell'. Macroaxis provides Invesco Technology buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FTCHX positions. The advice algorithm takes into account all of Invesco Technology's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Invesco Technology's buy or sell advice are summarized below:
Real Value
54.15
Hype Value
59.29
Market Value
59.29
Naive Value
59.57
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Invesco Technology Fund given historical horizon and risk tolerance towards Invesco Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Invesco Technology Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Invesco Technology Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Invesco and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Invesco Technology Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Execute Invesco Technology Buy or Sell Advice

The Invesco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Invesco Technology Fund. Macroaxis does not own or have any residual interests in Invesco Technology Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Invesco Technology's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Invesco TechnologyBuy Invesco Technology
Strong Sell

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Invesco Technology Fund has a Mean Deviation of 1.12, Semi Deviation of 1.08, Standard Deviation of 1.44, Variance of 2.07, Downside Variance of 1.97 and Semi Variance of 1.17
Our investment recommendation module provides unbiased trade recommendations that can be used to complement current average analyst sentiment on Invesco Technology Fund. Our investment recommendation engine provides an advice for the fund potential to grow from the perspective of an investor's risk tolerance and investing horizon. Use Invesco Technology price to earning, one year return, as well as the relationship between the One Year Return and equity positions weight to ensure your buy or sell decision on Invesco Technology Fund is adequate.

Invesco Technology Trading Alerts and Improvement Suggestions

The fund retains 98.03% of its assets under management (AUM) in equities

Invesco Technology Returns Distribution Density

The distribution of Invesco Technology's historical returns is an attempt to chart the uncertainty of Invesco Technology's future price movements. The chart of the probability distribution of Invesco Technology daily returns describes the distribution of returns around its average expected value. We use Invesco Technology Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Invesco Technology returns is essential to provide solid investment advice for Invesco Technology.
Mean Return
0.24
Value At Risk
-1.96
Potential Upside
2.50
Standard Deviation
1.44
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Invesco Technology historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Invesco Technology Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Invesco Technology or Invesco sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Invesco Technology's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Invesco fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.23
β
Beta against NYSE Composite-0.0055
σ
Overall volatility
1.48
Ir
Information ratio 0.07

Invesco Technology Volatility Alert

Invesco Technology Fund has relatively low volatility with skewness of 0.09 and kurtosis of -0.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Invesco Technology's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Invesco Technology's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Invesco Technology Fundamentals Vs Peers

Comparing Invesco Technology's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Invesco Technology's direct or indirect competition across all of the common fundamentals between Invesco Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Invesco Technology or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Invesco Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Invesco Technology by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Invesco Technology to competition
FundamentalsInvesco TechnologyPeer Average
Price To Earning1.50 X6.53 X
Price To Book3.93 X0.74 X
Price To Sales2.90 X0.61 X
Year To Date Return14.81 %0.39 %
One Year Return49.41 %4.15 %
Three Year Return5.31 %3.60 %
Five Year Return14.57 %3.24 %
Ten Year Return14.45 %1.79 %
Net Asset1.31 B4.11 B
Cash Position Weight1.97 %10.61 %
Equity Positions Weight98.03 %63.90 %

Invesco Technology Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Invesco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Invesco Technology Buy or Sell Advice

When is the right time to buy or sell Invesco Technology Fund? Buying financial instruments such as Invesco Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Invesco Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Blockchain
Blockchain Theme
Companies across muliple sectors and different technology products and services that are engaged in some capacity with blockchain technolgoy or evolution of cryptocurrency. The Blockchain theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Blockchain Theme or any other thematic opportunities.
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Check out Invesco Technology Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Invesco Technology Fund information on this page should be used as a complementary analysis to other Invesco Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Invesco Technology's price analysis, check to measure Invesco Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Technology is operating at the current time. Most of Invesco Technology's value examination focuses on studying past and present price action to predict the probability of Invesco Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Technology's price. Additionally, you may evaluate how the addition of Invesco Technology to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Invesco Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Technology'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.