Invesco Mutual Fund Buy Hold or Sell Recommendation

CNSFX
 Fund
  

USD 22.07  0.19  0.85%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Invesco Convertible Securities is 'Strong Hold'. Macroaxis provides Invesco Convertible buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CNSFX positions. The advice algorithm takes into account all of Invesco Convertible's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Invesco Convertible's buy-and-hold perspective. Continue to Invesco Convertible 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. We conduct extensive research on individual funds such as Invesco and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Invesco Convertible Securities.

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Invesco ConvertibleBuy Invesco Convertible
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Invesco Convertible Securities has a Risk Adjusted Performance of (0.05), Jensen Alpha of (0.07), Total Risk Alpha of (0.08) and Treynor Ratio of (0.07)
Our trade recommendations module complements current analysts and expert consensus on Invesco Convertible Securities. It analyzes the fund potential to grow using all fundamental, technical, and market related data available at the time. Use Invesco Convertible price to earning, three year return, as well as the relationship between the Three Year Return and equity positions weight to ensure your buy or sell decision on Invesco Convertible is adequate.

Invesco Convertible Trading Alerts and Improvement Suggestions

Invesco Convertible generated a negative expected return over the last 90 days
Invesco Convertible is unlikely to experience financial distress in the next 2 years
The fund holds about 5.09% of its assets under management (AUM) in cash

Invesco Convertible Returns Distribution Density

The distribution of Invesco Convertible's historical returns is an attempt to chart the uncertainty of Invesco Convertible's future price movements. The chart of the probability distribution of Invesco Convertible stock daily returns describes the distribution of returns around its average expected value. We use Invesco Convertible Securities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Invesco Convertible returns is essential to provide solid investment advice for Invesco Convertible.
Mean Return-0.03Value At Risk-1.49
Potential Upside1.25Standard Deviation0.86
   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 Convertible 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 Convertible 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 Convertible 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 Convertible'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 DOW
-0.07
β
Beta against DOW0.53
σ
Overall volatility
0.85
Ir
Information ratio -0.12

Invesco Convertible Volatility Alert

Invesco Convertible Securities exhibits very low volatility with skewness of 0.59 and kurtosis of 1.08. However, we advise investors to further study Invesco Convertible Securities 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 Convertible'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 Convertible'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 Convertible Fundamentals Vs Peers

Comparing Invesco Convertible'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 Convertible's direct or indirect competition across all of the common fundamentals between Invesco Convertible and the related equities. This way, we can detect undervalued stocks with similar characteristics as Invesco Convertible or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Invesco Convertible's fundamental indicators could also be used in its relative valuation, which is a method of valuing Invesco Convertible by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Invesco Convertible to competition
FundamentalsInvesco ConvertiblePeer Average
Price to Earning8.71 X6.53 X
Price to Book1.35 X0.74 X
Price to Sales1.73 X0.61 X
One Year Return15.95 %4.15 %
Three Year Return10.72 %3.60 %
Five Year Return6.94 %3.24 %
Ten Year Return8.92 %1.79 %
Net Asset982.42 M4.11 B
Last Dividend Paid0.090.65
Cash Position Weight5.09 %10.61 %
Equity Positions Weight4.69 %63.90 %

Invesco Convertible 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 Convertible Buy or Sell Advice

When is the right time to buy or sell Invesco Convertible Securities? 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 Convertible 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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Processed Foods
Processed Foods Theme
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 40 constituents at this time.
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 Processed Foods Theme or any other thematic opportunities.
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Continue to Invesco Convertible 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 Convertible information on this page should be used as a complementary analysis to other Invesco Convertible'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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