Invesco Summit Financials
| ASMMX Fund | USD 23.97 0.04 0.17% |
Invesco |
Please note that past performance is not an indicator of the future performance of Invesco Summit, 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 Summit Fund Summary
Invesco Summit competes with Amana Income, Amana Income, Amana Developing, and Amana Developing. 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. The principal type of equity securities in which it invests is common stock. The fund does not invest in companies whose primary business involves alcohol, tobacco or gambling. It may invest up to 25 percent of its net assets in foreign securities, including up to 10 percent of its net assets in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles. The fund is non-diversified.Specialization | Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | AIM Equity Funds |
| Mutual Fund Family | Invesco |
| Mutual Fund Category | Large Growth |
| 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 Summit's current stock value. Our valuation model uses many indicators to compare Invesco Summit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco Summit competition to find correlations between indicators driving Invesco Summit's intrinsic value. More Info.Invesco Summit Fund is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 2.53 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 Summit by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Invesco Summit'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 Summit's earnings, one of the primary drivers of an investment's value.Invesco Summit Systematic Risk
Invesco Summit's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco Summit 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 Summit correlated with the market. If Beta is less than 0 Invesco Summit generally moves in the opposite direction as compared to the market. If Invesco Summit Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Summit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Summit is generally in the same direction as the market. If Beta > 1 Invesco Summit moves generally in the same direction as, but more than the movement of the benchmark.
Invesco Summit April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco Summit help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco Summit Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco Summit 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 Summit's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.0017 | |||
| Maximum Drawdown | 6.42 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.18 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco Summit 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 population. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.