|VMIIX -- USA Fund|| |
USD 13.47 0.04 0.30%
Invesco Municipal statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Invesco Municipal. Invesco Municipal statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.
The output start index for this execution was eight with a total number of output elements of fifty-three. The Beta measures systematic risk based on how returns on Invesco Municipal correlated with the market. If Beta is less than 0 Invesco Municipal generally moves in the opposite direction as compared to the market. If Invesco Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco Municipal is generally in the same direction as the market. If Beta > 1 Invesco Municipal moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis
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