Invesco Municipal Trust Stock Price on March 22, 2024
| VKQ Stock | USD 9.73 0.06 0.62% |
Below is the normalized historical share price chart for Invesco Municipal Trust extending back to November 21, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Invesco Municipal stands at 9.73, as last reported on the 3rd of June, with the highest price reaching 9.77 and the lowest price hitting 9.70 during the day.
If you're considering investing in Invesco Stock, it is important to understand the factors that can impact its price. We consider Invesco Municipal very steady. Invesco Municipal Trust holds Efficiency (Sharpe) Ratio of 0.0587, which attests that the entity had a 0.0587% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Invesco Municipal Trust, which you can use to evaluate the volatility of the firm. Please check out Invesco Municipal's Downside Deviation of 0.8144, market risk adjusted performance of 0.0975, and Risk Adjusted Performance of 0.0428 to validate if the risk estimate we provide is consistent with the expected return of 0.0479%.
At this time, Invesco Municipal's Total Stockholder Equity is relatively stable compared to the past year. As of 06/03/2024, Common Stock Total Equity is likely to grow to about 843.7 M, while Common Stock is likely to drop slightly above 462.3 M. . At this time, Invesco Municipal's Price Sales Ratio is relatively stable compared to the past year. As of 06/03/2024, Price Fair Value is likely to grow to 1.00, though Price Earnings To Growth Ratio is likely to grow to (0.07). Invesco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of November 1991 | 200 Day MA 9.1916 | 50 Day MA 9.485 | Beta 0.5 |
Invesco |
Sharpe Ratio = 0.0587
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| Negative Returns | VKQ |
Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Invesco Municipal is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco Municipal by adding it to a well-diversified portfolio.
Price Book 0.8774 | Book Value 10.577 | Enterprise Value 841.6 M | Price Sales 11.6526 | Shares Outstanding 55.3 M |
Related Headline
Applied Blockchain Headline on 22nd of March 2024
Disposition of 75000 shares by Michael Maniscalco of Applied... by Michael Maniscalco
Filed transaction by Applied Blockchain Officer Chief Technology Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Invesco Municipal Valuation on March 22, 2024
It is possible to determine the worth of Invesco Municipal on a given historical date. On March 22, 2024 Invesco was worth 9.61 at the beginning of the trading date compared to the closed value of 9.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Invesco Municipal stock. Still, in general, we apply an absolute valuation method to find Invesco Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Invesco Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Invesco Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 9.65 | 9.67 | 9.49 | 9.49 | 175,628 | |
03/22/2024 | 9.61 | 9.64 | 9.52 | 9.52 | 83,400 |
| 9.60 | 9.60 | 9.48 | 9.48 | 63,395 |
| Backtest Invesco Municipal | | | Invesco Municipal History | | | Invesco Municipal Valuation | Previous | Next |
Invesco Municipal Trading Date Momentum on March 22, 2024
| On March 25 2024 Invesco Municipal Trust was traded for 9.48 at the closing time. Highest Invesco Municipal's price during the trading hours was 9.60 and the lowest price during the day was 9.48 . The net volume was 63.4 K. The overall trading history on the 25th of March contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.42% . The trading delta at closing time to current price is 1.47% . |
Invesco Municipal Trust Fundamentals Correlations and Trends
By evaluating Invesco Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Invesco Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Invesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Invesco Municipal Stock history
Invesco Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Invesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Invesco Municipal Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Invesco Municipal stock prices may prove useful in developing a viable investing in Invesco Municipal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 63.6 M | 52.9 M | |
| Net Loss | -3.1 M | -2.9 M |
Invesco Municipal Stock Technical Analysis
Invesco Municipal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Invesco Municipal Period Price Range
Low | March 22, 2024
| High |
9.61 | 9.52 |
Invesco Municipal June 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Invesco Municipal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Municipal shares will generate the highest return on investment. By undertsting and applying Invesco Municipal stock market strength indicators, traders can identify Invesco Municipal Trust entry and exit signals to maximize returns
| Accumulation Distribution | 1038.17 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 9.58 | |||
| Day Typical Price | 9.56 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | 0.21 |
Invesco Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Invesco Municipal's price direction in advance. Along with the technical and fundamental analysis of Invesco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Invesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0428 | |||
| Jensen Alpha | 0.0252 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0086 | |||
| Treynor Ratio | 0.0875 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Municipal Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Invesco Stock analysis
When running Invesco Municipal's price analysis, check to measure Invesco Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Municipal is operating at the current time. Most of Invesco Municipal's value examination focuses on studying past and present price action to predict the probability of Invesco Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Municipal's price. Additionally, you may evaluate how the addition of Invesco Municipal to your portfolios can decrease your overall portfolio volatility.
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Is Invesco Municipal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Municipal. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.30) | Earnings Share 0.85 | Revenue Per Share 0.796 | Quarterly Revenue Growth 0.009 | Return On Assets 0.0242 |
The market value of Invesco Municipal Trust is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Municipal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Municipal's market value can be influenced by many factors that don't directly affect Invesco Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.