Invesco Diversified Dividend Fund Three Year Return
| DDFRX Fund | USD 18.21 0.09 0.49% |
Invesco Diversified Dividend fundamentals help investors to digest information that contributes to Invesco Diversified's financial success or failures. It also enables traders to predict the movement of Invesco Mutual Fund. The fundamental analysis module provides a way to measure Invesco Diversified's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco Diversified mutual fund.
Invesco |
Invesco Diversified Dividend Mutual Fund Three Year Return Analysis
Invesco Diversified's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Invesco Diversified Three Year Return | 7.10 % |
Most of Invesco Diversified's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco Diversified Dividend is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Invesco Diversified Dividend has a Three Year Return of 7.0978%. This is much higher than that of the Invesco family and significantly higher than that of the Large Value category. The three year return for all United States funds is notably lower than that of the firm.
Invesco Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco Diversified's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Invesco Diversified could also be used in its relative valuation, which is a method of valuing Invesco Diversified by comparing valuation metrics of similar companies.Invesco Diversified is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Invesco Diversified
The fund consists of 96.96% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Invesco Diversified's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Invesco Fundamentals
| Price To Earning | 17.68 X | ||||
| Price To Book | 2.25 X | ||||
| Price To Sales | 1.63 X | ||||
| Total Asset | 11.72 B | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 6.76 % | ||||
| One Year Return | 15.19 % | ||||
| Three Year Return | 7.10 % | ||||
| Five Year Return | 8.42 % | ||||
| Ten Year Return | 8.68 % | ||||
| Net Asset | 21.45 B | ||||
| Last Dividend Paid | 0.09 | ||||
| Cash Position Weight | 3.03 % | ||||
| Equity Positions Weight | 96.96 % |
About Invesco Diversified Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco Diversified Dividend's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco Diversified using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco Diversified Dividend based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Invesco Diversified
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Diversified position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Diversified will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Mutual Fund
| 0.95 | OARDX | Oppenheimer Rising | PairCorr |
| 0.88 | AMHYX | Invesco High Yield | PairCorr |
The ability to find closely correlated positions to Invesco Diversified could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Diversified when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Diversified - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Diversified Dividend to buy it.
The correlation of Invesco Diversified is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Diversified moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Diversified moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Diversified can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco Diversified Dividend. 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 metropolitan statistical area. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.