Invesco Municipal Income Fund Buy Hold or Sell Recommendation

VMICX Fund  USD 11.99  0.01  0.08%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Invesco Municipal Income is 'Strong Sell'. Macroaxis provides Invesco Municipal buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VMICX positions. The advice algorithm takes into account all of Invesco Municipal's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
11.02
Hype Value
11.99
Market Value
11.99
Naive Value
12.02
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Invesco Municipal Income given historical horizon and risk tolerance towards Invesco Municipal. When Macroaxis issues a 'buy' or 'sell' recommendation for Invesco Municipal Income, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Invesco Municipal 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.
In addition, we conduct extensive research on individual funds such as Invesco and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Invesco Municipal Income. 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 main economic indicators.

Execute Invesco Municipal 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 Municipal Income. Macroaxis does not own or have any residual interests in Invesco Municipal Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Invesco Municipal's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Invesco MunicipalBuy Invesco Municipal
Strong Sell

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Invesco Municipal Income has a Mean Deviation of 0.1455, Standard Deviation of 0.2246, Variance of 0.0504, Downside Variance of 0.0773, Semi Variance of (0) and Expected Short fall of (0.22)
Our advice tool can cross-verify current analyst consensus on Invesco Municipal and to analyze the fund potential to grow in the current economic cycle. Please utilize Invesco Municipal Income number of employees and five year return to make buy, hold, or sell decision on Invesco Municipal.

Invesco Municipal Trading Alerts and Improvement Suggestions

Latest headline from news.google.com: South Korean chipmakers halt old equipment sales over fears of US backlash - Financial Times
The fund generated three year return of -2.0%
Invesco Municipal Income keeps about 6.37% of its net assets in cash

Invesco Municipal Returns Distribution Density

The distribution of Invesco Municipal's historical returns is an attempt to chart the uncertainty of Invesco Municipal's future price movements. The chart of the probability distribution of Invesco Municipal stock daily returns describes the distribution of returns around its average expected value. We use Invesco Municipal Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Invesco Municipal returns is essential to provide solid investment advice for Invesco Municipal.
Mean Return
0.03
Value At Risk
-0.34
Potential Upside
0.34
Standard Deviation
0.22
   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 Municipal 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 Municipal 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 Municipal 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 Municipal's price will be affected by overall mutual fund 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 fund'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 NYSE Composite
0.03
β
Beta against NYSE Composite-0.04
σ
Overall volatility
0.20
Ir
Information ratio -0.5

Invesco Municipal Volatility Alert

Invesco Municipal Income exhibits very low volatility with skewness of 0.69 and kurtosis of 4.61. However, we advise investors to further study Invesco Municipal Income technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Invesco Municipal's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Invesco Municipal'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 Municipal Fundamentals Vs Peers

Comparing Invesco Municipal'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 Municipal's direct or indirect competition across all of the common fundamentals between Invesco Municipal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Invesco Municipal or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Invesco Municipal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Invesco Municipal by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Invesco Municipal to competition
FundamentalsInvesco MunicipalPeer Average
Annual Yield0 %0.29 %
Year To Date Return0.61 %0.39 %
One Year Return5.24 %4.15 %
Three Year Return(1.56) %3.60 %
Five Year Return1.03 %3.24 %
Ten Year Return3.23 %1.79 %
Net Asset3.26 B4.11 B
Last Dividend Paid0.030.65
Cash Position Weight6.37 %10.61 %
Bond Positions Weight1.67 %11.24 %

Invesco Municipal 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.

About Invesco Municipal Buy or Sell Advice

When is the right time to buy or sell Invesco Municipal Income? 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 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. 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 Municipal 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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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Size And Style ETFs Theme or any other thematic opportunities.
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Check out Invesco Municipal 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 Municipal Income information on this page should be used as a complementary analysis to other Invesco Municipal'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 the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Please note, there is a significant difference between Invesco Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Municipal'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.