INVESCO Mutual Fund Quote

ALAAX
 Fund
  

USD 10.35  0.01  0.1%   

Market Performance
3 of 100
Odds Of Distress
Less than 1
INVESCO INCOME is trading at 10.35 as of the 5th of December 2022; that is 0.1 percent up since the beginning of the trading day. The fund's open price was 10.34. INVESCO INCOME has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for INVESCO INCOME ALLOCATION are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2022 and ending today, the 5th of December 2022. Click here to learn more.
CUSIP
00141M242
ISIN
US00141M2420
Fiscal _ Year _ End
December
The investment seeks current income and, secondarily, growth of capital. Invesco Income is traded on NASDAQ Exchange in the United States. More on INVESCO INCOME ALLOCATION

INVESCO INCOME Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. INVESCO INCOME's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding INVESCO INCOME or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
INVESCO INCOME is unlikely to experience financial distress in the next 2 years
On 17th of November 2022 INVESCO INCOME paid $ 0.0295 per share dividend to its current shareholders
The fund holds about 8.84% of its assets under management (AUM) in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of INVESCO INCOME's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Startdate30th of April 2020
INVESCO INCOME ALLOCATION [ALAAX] is traded in USA and was established 5th of December 2022. The fund is listed under Allocation--30% to 50% Equity category and is part of Invesco family. INVESCO INCOME ALLOCATION presently has accumulated 543.4 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 1.55%.
Check INVESCO INCOME Probability Of Bankruptcy

Instrument Allocation

INVESCO INCOME Target Price Odds Analysis

Based on a normal probability distribution, the odds of INVESCO INCOME jumping above the current price in 90 days from now is nearly 4.53%. The INVESCO INCOME ALLOCATION probability density function shows the probability of INVESCO INCOME mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon INVESCO INCOME has a beta of 0.469. This suggests as returns on the market go up, INVESCO INCOME average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding INVESCO INCOME ALLOCATION will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. INVESCO INCOME ALLOCATION is significantly underperforming NYSE Composite.
  Odds Below 10.35HorizonTargetOdds Above 10.35
95.37%90 days
 10.35 
4.53%
Based on a normal probability distribution, the odds of INVESCO INCOME to move above the current price in 90 days from now is nearly 4.53 (This INVESCO INCOME ALLOCATION probability density function shows the probability of INVESCO Mutual Fund to fall within a particular range of prices over 90 days) .

INVESCO INCOME ALLOCATION Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. INVESCO INCOME market risk premium is the additional return an investor will receive from holding INVESCO INCOME long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in INVESCO INCOME. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although INVESCO INCOME's alpha and beta are two of the key measurements used to evaluate INVESCO INCOME's performance over the market, the standard measures of volatility play an important role as well.

INVESCO INCOME Against Markets

Picking the right benchmark for INVESCO INCOME mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in INVESCO INCOME mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for INVESCO INCOME is critical whether you are bullish or bearish towards INVESCO INCOME ALLOCATION at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in INVESCO INCOME without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in INVESCO INCOME ALLOCATION?

The danger of trading INVESCO INCOME ALLOCATION is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of INVESCO INCOME is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than INVESCO INCOME. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile INVESCO INCOME ALLOCATION is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the INVESCO INCOME ALLOCATION information on this page should be used as a complementary analysis to other INVESCO INCOME'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for INVESCO Mutual Fund analysis

When running INVESCO INCOME ALLOCATION price analysis, check to measure INVESCO INCOME'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 INCOME is operating at the current time. Most of INVESCO INCOME's value examination focuses on studying past and present price action to predict the probability of INVESCO INCOME's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move INVESCO INCOME's price. Additionally, you may evaluate how the addition of INVESCO INCOME to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between INVESCO INCOME's value and its price as these two are different measures arrived at by different means. Investors typically determine INVESCO INCOME value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, INVESCO INCOME'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.