Invesco Summit Fund Three Year Return

SMITX Fund  USD 25.37  0.52  0.42%   
Invesco Summit Fund fundamentals help investors to digest information that contributes to Invesco Summit's financial success or failures. It also enables traders to predict the movement of Invesco Mutual Fund. The fundamental analysis module provides a way to measure Invesco Summit's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco Summit mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Invesco Three Year Return Analysis

Invesco Summit's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Three Year Return | All Equity Analysis

Current Invesco Summit Three Year Return

    
  4.61 %  
Most of Invesco Summit's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco Summit Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Competition

Invesco Summit Three Year Return Component Assessment

Based on the latest financial disclosure, Invesco Summit Fund has a Three Year Return of 4.6061%. This is much higher than that of the Invesco family and significantly higher than that of the Large Growth category. The three year return for all United States funds is notably lower than that of the firm.

Invesco Three Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Summit's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Invesco Summit could also be used in its relative valuation, which is a method of valuing Invesco Summit by comparing valuation metrics of similar companies.
Invesco Summit is currently under evaluation in three year return among similar funds.

Fund Asset Allocation for Invesco Summit

The fund consists of 98.84% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.
Asset allocation divides Invesco Summit's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Invesco Fundamentals

About Invesco Summit Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Invesco Summit Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Summit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Summit Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The fund invests primarily in equity securities of issuers of all market capitalizations that are considered by the funds portfolio managers to have potential for earnings or revenue growth. Invesco Summit is traded on NASDAQ Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Invesco Summit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Invesco Summit's short interest history, or implied volatility extrapolated from Invesco Summit options trading.

Currently Active Assets on Macroaxis

Check out Invesco Summit Piotroski F Score and Invesco Summit Altman Z Score analysis.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Invesco Summit's price analysis, check to measure Invesco Summit'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 Summit is operating at the current time. Most of Invesco Summit's value examination focuses on studying past and present price action to predict the probability of Invesco Summit'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 Summit's price. Additionally, you may evaluate how the addition of Invesco Summit to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Invesco Summit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Summit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Summit'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.