Invesco California Value Fund Quote
| XVCVX Fund | USD 11.12 0.01 0.09% |
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Invesco California is trading at 11.12 as of the 20th of April 2024; that is -0.09 percent decrease since the beginning of the trading day. The fund's open price was 11.13. Invesco California has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Invesco California Value are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of January 2024 and ending today, the 20th of April 2024. Click here to learn more.
Invesco 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 California's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Invesco California or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Trustee | Philip Taylor |
| Fund Concentration | Muni California Long Funds, null, null (View all Sectors) |
| Update Date | 31st of March 2024 |
Invesco California Value [XVCVX] is traded in USA and was established 20th of April 2024. The fund is listed under null category and is part of null family.
Check Invesco California Probability Of Bankruptcy
Invesco California Target Price Odds Analysis
Based on a normal probability distribution, the odds of Invesco California jumping above the current price in 90 days from now is about 98.0%. The Invesco California Value probability density function shows the probability of Invesco California mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Invesco California Value has a beta of -0.0302. This entails as returns on the benchmark increase, returns on holding Invesco California are expected to decrease at a much lower rate. During a bear market, however, Invesco California Value is likely to outperform the market. Additionally, invesco California Value has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Invesco California to move above the current price in 90 days from now is about 98.0 (This Invesco California Value probability density function shows the probability of Invesco Mutual Fund to fall within a particular range of prices over 90 days) .
Invesco California Value Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Invesco California market risk premium is the additional return an investor will receive from holding Invesco California 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 California. 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 California's alpha and beta are two of the key measurements used to evaluate Invesco California's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2516 | |||
| Standard Deviation | 0.3728 | |||
| Variance | 0.139 | |||
| Risk Adjusted Performance | (0.08) |
Invesco California Value Technical Analysis
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The output start index for this execution was zero with a total number of output elements of sixty-one. Invesco California Value Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Invesco California price patterns.
Invesco California Against Markets
Picking the right benchmark for Invesco California 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 California 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 California is critical whether you are bullish or bearish towards Invesco California Value at a given time. Please also check how Invesco California'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 Invesco California 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 Invesco Mutual Fund?
Before investing in Invesco California, 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 Invesco California. To buy Invesco California fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Invesco California. 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 Invesco California fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Invesco California Value 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 Invesco California Value 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 Invesco California Value, 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 Invesco California Value?
The danger of trading Invesco California Value 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 California 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 California. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco California Value 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Invesco California Value. 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 real. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Please note, there is a significant difference between Invesco California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco California'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.