Invesco Summit Fund Buy Hold or Sell Recommendation

ASMYX Fund  USD 26.03  0.01  0.04%   
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Invesco Summit Fund is 'Not Rated'. Macroaxis provides Invesco Summit buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASMYX positions. The advice algorithm takes into account all of Invesco Summit's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Invesco Summit's buy or sell advice are summarized below:
Real Value
3.07
Hype Value
0.0
Market Value
26.03
Naive Value
26.21
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Invesco Summit Fund given historical horizon and risk tolerance towards Invesco Summit. When Macroaxis issues a 'buy' or 'sell' recommendation for Invesco Summit Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Invesco Summit 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.
In addition, we conduct extensive research on individual funds such as Invesco and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Invesco Summit Fund. 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 manufacturing.

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Invesco SummitBuy Invesco Summit
Strong Buy

Market Performance

GoodDetails

Volatility

Somewhat reliableDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Invesco Summit Fund has a Risk Adjusted Performance of 0.1151, Jensen Alpha of 0.067, Total Risk Alpha of (0.04), Sortino Ratio of 0.0993 and Treynor Ratio of 0.1774
Our trade recommendations module complements current analysts and expert consensus on Invesco Summit Fund. It analyzes the fund potential to grow using all fundamental, technical, and market related data available at the time. Use Invesco Summit total asset, as well as the relationship between the three year return and net asset to ensure your buy or sell decision on Invesco Summit Fund is adequate.

Invesco Summit Trading Alerts and Improvement Suggestions

The fund holds all of its assets under management (AUM) in equities

Invesco Summit Returns Distribution Density

The distribution of Invesco Summit's historical returns is an attempt to chart the uncertainty of Invesco Summit's future price movements. The chart of the probability distribution of Invesco Summit daily returns describes the distribution of returns around its average expected value. We use Invesco Summit Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Invesco Summit returns is essential to provide solid investment advice for Invesco Summit.
Mean Return
0.23
Value At Risk
-1.66
Potential Upside
2.18
Standard Deviation
1.18
   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 Summit 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 Summit 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 Summit 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 Summit'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 NYSE Composite
0.07
β
Beta against NYSE Composite1.26
σ
Overall volatility
1.18
Ir
Information ratio 0.08

Invesco Summit Volatility Alert

Invesco Summit Fund has low volatility with Treynor Ratio of 0.18, Maximum Drawdown of 5.66 and kurtosis of 0.29. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Invesco Summit'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 Summit'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 financial instruments as prices fall.

Invesco Summit Fundamentals Vs Peers

Comparing Invesco Summit'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 Summit's direct or indirect competition across all of the common fundamentals between Invesco Summit and the related equities. This way, we can detect undervalued stocks with similar characteristics as Invesco Summit or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Invesco Summit's fundamental indicators could also be used in its relative valuation, which is a method of valuing Invesco Summit by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Invesco Summit to competition
FundamentalsInvesco SummitPeer Average
Price To Earning1.58 X6.53 X
Price To Book3.85 X0.74 X
Price To Sales2.54 X0.61 X
Year To Date Return14.87 %0.39 %
One Year Return46.37 %4.15 %
Three Year Return4.90 %3.60 %
Five Year Return14.62 %3.24 %
Ten Year Return14.87 %1.79 %
Net Asset2.48 B4.11 B
Minimum Initial Investment1 K976.16 K
Equity Positions Weight100.00 %63.90 %

Invesco Summit 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 Summit Buy or Sell Advice

When is the right time to buy or sell Invesco Summit Fund? 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 Summit 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.

Did You Try This Idea?

Run Junk Bonds Funds Thematic Idea Now

Junk Bonds Funds
Junk Bonds Funds Theme
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 39 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 Junk Bonds Funds Theme or any other thematic opportunities.
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Check out Invesco Summit 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.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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