Invesco Technology Financials
| FTPIX Fund | USD 74.14 0.13 0.18% |
Invesco |
Please note that past performance is not an indicator of the future performance of Invesco Technology, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Invesco Technology Fund Summary
Invesco Technology competes with Pace High, Intal High, Western Asset, Siit High, and Lgm Risk. The fund invests, under normal circumstances, at least 80 percent of its net assets in securities of issuers engaged in technology-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. It is non-diversified.Specialization | Technology, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Aim Sector Funds |
| Mutual Fund Family | Invesco |
| Mutual Fund Category | Technology |
| Benchmark | NYSE Composite |
| Phone | 800 959 4246 |
| Currency | USD - US Dollar |
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco Technology's current stock value. Our valuation model uses many indicators to compare Invesco Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Technology competition to find correlations between indicators driving Invesco Technology's intrinsic value. More Info.Invesco Technology Fund is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 1.99 of Price To Book per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Invesco Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Invesco Technology's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco Technology's earnings, one of the primary drivers of an investment's value.Invesco Technology Systematic Risk
Invesco Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Invesco Technology correlated with the market. If Beta is less than 0 Invesco Technology generally moves in the opposite direction as compared to the market. If Invesco Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Technology is generally in the same direction as the market. If Beta > 1 Invesco Technology moves generally in the same direction as, but more than the movement of the benchmark.
Invesco Technology April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Technology Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Technology Fund based on widely used predictive technical indicators. In general, we focus on analyzing Invesco Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Invesco Technology's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.44 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 7.27 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.48 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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 gross domestic product. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.