Invesco Municipal Hype Analysis, Invesco Municipal Correlation, Portfolio Optimization, Invesco Municipal Volatility as well as analyze Invesco Municipal Alpha and Beta and Invesco Municipal Performance.With this equity back-testing module your can estimate the performance of a buy and hold strategy of Invesco Municipal Income Fund I and determine expected loss or profit from investing in Invesco Municipal over given investment horizon. Also please take a look at
|Horizon||30 Days Login to change|
Invesco Municipal 'What if' Analysis
July 25, 20190.00
October 23, 20190.00
If you would invest 0.00 in Invesco Municipal on July 25, 2019 and sell it all today you would earn a total of 0.00 from holding Invesco Municipal Income Fund I or generate 0.0% return on investment in Invesco Municipal over 90 days. Invesco Municipal is related to or competes with Vanguard High, Vanguard High, Franklin Federal, Franklin Federal, Wells Fargo, Wells Fargo, and Nuveen Flagship. The investment seeks to provide investors with a high level of current income exempt from federal income tax, consistent...
Invesco Municipal Upside/Downside Indicators
|Value At Risk||(0.29)|
Invesco Municipal Market Premium Indicators
|Risk Adjusted Performance||0.0378|
|Total Risk Alpha||0.0118|
Invesco Municipal Backtested Returns
We consider Invesco Municipal very steady. Invesco Municipal holds Efficiency (Sharpe) Ratio of 0.076 which attests that the entity had 0.076% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Invesco Municipal which you can use to evaluate future volatility of the entity. Please check out Invesco Municipal Risk Adjusted Performance of 0.0378, Market Risk Adjusted Performance of 0.7226 and Downside Deviation of 0.2746 to validate if risk estimate we provide are consistent with the epected return of 0.0143%. The fund retains Market Volatility (i.e. Beta) of 0.0074 which attests that as returns on market increase, Invesco Municipal returns are expected to increase less than the market. However during bear market, the loss on holding Invesco Municipal will be expected to be smaller as well. Although it is extremely important to respect Invesco Municipal current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Invesco Municipal technical indicators you can presently evaluate if the expected return of 0.0143% will be sustainable into the future.
|15 days auto-correlation||0.17|
|Spearman Rank Test||0.14|
Invesco Municipal lagged returns against current returns
Current and Lagged Values
Invesco Municipal regressed lagged prices vs. current prices
Current vs Lagged Prices
Invesco Municipal Lagged Returns
Also Currentnly Active
Purchased over 200 shares of
Purchased over 60 shares of
Also please take a look at Invesco Municipal Hype Analysis, Invesco Municipal Correlation, Portfolio Optimization, Invesco Municipal Volatility as well as analyze Invesco Municipal Alpha and Beta and Invesco Municipal Performance. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.