Invesco Mutual Fund Buy Hold or Sell Recommendation

ASMYX -  USA Fund  

USD 34.27  0.32  0.94%

Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding Invesco Summit is 'Strong Hold'. Macroaxis provides Invesco Summit buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASMYX positions. The advice algorithm takes into account all of Invesco Summit's available fundamental, technical, and predictive indicators you will find on this site.

Invesco Advice 

 
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The advice is provided from Invesco Summit's buy-and-hold perspective. Please continue to Invesco Summit Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Invesco and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Invesco Summit.

Execute Invesco Summit Buy or Sell Advice

The Invesco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Invesco Summit. Macroaxis does not own or have any residual interests in Invesco Summit or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Invesco Summit's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Invesco SummitBuy Invesco Summit
Strong Hold

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Invesco Summit has a Risk Adjusted Performance of 0.0258, Jensen Alpha of (0.006051), Total Risk Alpha of (0.018376), Sortino Ratio of (0.007191) and Treynor Ratio of 0.0228
Our investment recommendation module can be used to complement Invesco Summit trade recommendations provided by average analyst sentiment. It analyzes the entity's potential to grow using fundamental, technical, data market data available at the time. Use Invesco Summit market capitalization, as well as the relationship between the three year return and net asset to ensure your buy or sell decision on Invesco Summit is adequate.

Invesco Summit Trading Alerts and Improvement Suggestions

Invesco Summit is unlikely to experience financial distress in the next 2 years
The fund holds all of its assets under management (AUM) in equities

Invesco Summit Returns Distribution Density

The distribution of Invesco Summit's historical returns is an attempt to chart the future uncertainty of Invesco Summit's future price movements. The chart of the probability distribution of Invesco Summit stock daily returns describes the distribution of returns around its average expected value. We use Invesco Summit price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Invesco Summit returns is essential to provide solid investment advice for Invesco Summit stock.
Mean Return0.0317Value At Risk-1.47
Potential Upside1.48Standard Deviation0.97
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Invesco Summit historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Invesco Summit Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Invesco Summit or Invesco sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Invesco Summit stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Invesco stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.0061
β
Beta against DOW0.95
σ
Overall volatility
0.97
Ir
Information ratio -0.0077

Invesco Summit Volatility Alert

Invesco Summit has relatively low volatility with skewness of -0.71 and kurtosis of 1.38. However, we advise all investors to independently investigate Invesco Summit to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Invesco Summit's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Invesco Summit's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Invesco Summit Fundamentals Vs Peers

Comparing Invesco Summit's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Invesco Summit's direct or indirect competition across all of the common fundamentals between Invesco Summit and the related equities. This way, we can detect undervalued stocks with similar characteristics as Invesco Summit or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Invesco Summit's fundamental indicators could also be used in its relative valuation, which is a method of valuing Invesco Summit by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Invesco Summit to competition
FundamentalsInvesco SummitPeer Average
Price to Earning2.78 X6.53 X
Price to Book3.85 X0.74 X
Price to Sales2.54 X0.61 X
One Year Return27.17 %4.15 %
Three Year Return16.61 %3.60 %
Five Year Return13.75 %3.24 %
Ten Year Return14.87 %1.79 %
Net Asset3.94 B4.11 B
Minimum Initial Investment1 K976.16 K
Equity Positions Weight100.00 %63.90 %

Invesco Summit Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Invesco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power9223.4 B
Rate Of Daily Change1.01
Day Median Price34.27
Day Typical Price34.27
Price Action Indicator0.16

About Invesco Summit Buy or Sell Advice

When is the right time to buy or sell Invesco Summit? Buying financial instruments such as Invesco Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Invesco Summit investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Invesco Summit in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Cars Thematic Idea Now

Cars
Cars Theme
Domestic and international companies involved in manufacturing and serving automobiles and trucks. Cars theme has 30 constituents.
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Please continue to Invesco Summit Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Invesco Summit information on this page should be used as a complementary analysis to other Invesco Summit'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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 Invesco Summit value 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.