Invesco Energy Fund Price on March 11, 2024
| IENAX Fund | USD 30.57 0.43 1.39% |
Below is the normalized historical share price chart for Invesco Energy Fund extending back to April 19, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco Energy stands at 30.57, as last reported on the 31st of May, with the highest price reaching 30.57 and the lowest price hitting 30.57 during the day.
If you're considering investing in Invesco Mutual Fund, it is important to understand the factors that can impact its price. We consider Invesco Energy very steady. Invesco Energy holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Invesco Energy, which you can use to evaluate the volatility of the entity. Please check out Invesco Energy's Market Risk Adjusted Performance of 1.39, downside deviation of 1.01, and Risk Adjusted Performance of 0.0854 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Invesco Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Invesco |
Sharpe Ratio = 0.147
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Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Invesco Energy is performing at about 11% of its full potential. 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 Energy by adding it to a well-diversified portfolio.
Invesco Energy Valuation on March 11, 2024
It is possible to determine the worth of Invesco Energy on a given historical date. On March 11, 2024 Invesco was worth 29.28 at the beginning of the trading date compared to the closed value of 29.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Energy mutual fund. Still, in general, we apply an absolute valuation method to find Invesco Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Energy's related companies.
| Open | High | Low | Close | Volume | |
| 29.02 | 29.02 | 29.02 | 29.02 | 1.00 | |
03/11/2024 | 29.28 | 29.28 | 29.28 | 29.28 | 1.00 |
| 29.29 | 29.29 | 29.29 | 29.29 | 1.00 |
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Invesco Energy Trading Date Momentum on March 11, 2024
| On March 12 2024 Invesco Energy Fund was traded for 29.29 at the closing time. The highest daily price throughout the period was 29.29 and the lowest price was 29.29 . There was no trading activity during the period 1.0. Lack of trading volume on 03/12/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.03% . The trading delta at closing time to current closing price is 4.37% . |
Invesco Energy Fundamentals Correlations and Trends
By evaluating Invesco Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Invesco Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Invesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Invesco Energy Mutual Fund history
Invesco Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco Energy stock prices may prove useful in developing a viable investing in Invesco Energy
The fund invests, under normal circumstances, at least 80 percent of its net assets in securities of issuers engaged in energy-related industries, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in equity securities. The principal type of equity security in which the fund invests is common stock. The fund is non-diversified.
Invesco Energy Mutual Fund Technical Analysis
Invesco Energy technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Invesco Energy Period Price Range
Low | March 11, 2024
| High |
29.28 | 29.28 |
Invesco Energy May 31, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Energy mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Energy shares will generate the highest return on investment. By undertsting and applying Invesco Energy mutual fund market strength indicators, traders can identify Invesco Energy Fund entry and exit signals to maximize returns
Invesco Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Energy's price direction in advance. Along with the technical and fundamental analysis of Invesco Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0854 | |||
| Jensen Alpha | 0.1053 | |||
| Total Risk Alpha | 0.0872 | |||
| Sortino Ratio | 0.0923 | |||
| Treynor Ratio | 1.38 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Invesco Energy 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 nation. Note that the Invesco Energy information on this page should be used as a complementary analysis to other Invesco Energy'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.