Vy Invesco Stock Fund Quote
| IVKAX Fund | USD 21.41 0.20 0.94% |
Performance13 of 100
| Odds Of DistressLess than 17
|
Vy Invesco is trading at 21.41 as of the 25th of April 2024; that is 0.94 percent up since the beginning of the trading day. The fund's open price was 21.21. Vy Invesco has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Vy Invesco Stock are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in common stocks, and in derivatives and other instruments that have economic characteristics similar to such securities. The Portfolio may invest in securities of issuers of any market capitalization and a substantial number of the issuers in which the Portfolio invests are large-capitalization issuers. More on Vy Invesco Stock
Moving together with IVKAX Mutual Fund
| 0.89 | IMCDX | Voya Emerging Markets | PairCorr |
IVKAX 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. Vy Invesco's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vy Invesco or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Voya Funds, Large Value Funds, Large Value, Voya (View all Sectors) |
| Update Date | 31st of March 2024 |
Vy Invesco Stock [IVKAX] is traded in USA and was established 25th of April 2024. Vy Invesco is listed under Voya category by Fama And French industry classification. The fund is listed under Large Value category and is part of Voya family. This fund currently has accumulated 550.8 M in assets under management (AUM) with no minimum investment requirementsVy Invesco Stock is currently producing year-to-date (YTD) return of 5.37% with the current yeild of 0.01%, while the total return for the last 3 years was 9.55%.
Check Vy Invesco Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IVKAX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IVKAX Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Vy Invesco Stock Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Vy Invesco Stock Mutual Fund Constituents
| CCL | Carnival | Stock | Consumer Discretionary |
| MET | MetLife | Stock | Financials |
| HCA | HCA Holdings | Etf | Health Care |
| WFC | Wells Fargo | Stock | Financials |
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
| PM | Philip Morris International | Stock | Consumer Staples |
| MSFT | Microsoft | Stock | Information Technology |
Vy Invesco Target Price Odds Analysis
Based on a normal probability distribution, the odds of Vy Invesco jumping above the current price in 90 days from now is about 13.03%. The Vy Invesco Stock probability density function shows the probability of Vy Invesco mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Vy Invesco has a beta of 0.8668. This usually indicates Vy Invesco Stock market returns are sensitive to returns on the market. As the market goes up or down, Vy Invesco is expected to follow. Additionally, vy Invesco Stock has an alpha of 0.034, implying that it can generate a 0.034 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Vy Invesco to move above the current price in 90 days from now is about 13.03 (This Vy Invesco Stock probability density function shows the probability of IVKAX Mutual Fund to fall within a particular range of prices over 90 days) .
Vy Invesco Stock Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Vy Invesco market risk premium is the additional return an investor will receive from holding Vy Invesco 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 Vy Invesco. 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 Vy Invesco's alpha and beta are two of the key measurements used to evaluate Vy Invesco's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4488 | |||
| Semi Deviation | 0.5113 | |||
| Standard Deviation | 0.5881 | |||
| Variance | 0.3458 |
Vy Invesco Against Markets
Picking the right benchmark for Vy Invesco 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 Vy Invesco 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 Vy Invesco is critical whether you are bullish or bearish towards Vy Invesco Stock at a given time. Please also check how Vy Invesco's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vy Invesco 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.Did you try this?
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How to buy IVKAX Mutual Fund?
Before investing in Vy Invesco, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Vy Invesco. To buy Vy Invesco fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Vy Invesco. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Vy Invesco fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Vy Invesco Stock fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Vy Invesco Stock fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Vy Invesco Stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Vy Invesco Stock?
The danger of trading Vy Invesco Stock 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 Vy Invesco 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 Vy Invesco. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vy Invesco Stock 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Vy Invesco Stock. 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 nation. Note that the Vy Invesco Stock information on this page should be used as a complementary analysis to other Vy Invesco'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 the Global Correlations module to find global opportunities by holding instruments from different markets.