Invesco Quality Total Risk Alpha

IQI Stock  USD 10.04  -0.03  -0.30%   
This technical indicator view for Total Risk Alpha organizes signals for Invesco Quality Municipal and comparable instruments. Coverage depends on data availability and normalization; Equity Screeners provides additional screening context. Review Risk vs Return Analysis to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This suggests a position in Invesco Quality Municipal in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Invesco Quality Municipal has current Total Risk Alpha of 0.023. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.023
ER[a] = Expected return on investing in Invesco Quality
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Invesco Quality
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Invesco Quality Total Risk Alpha Peers Comparison

Invesco Total Risk Alpha Relative To Other Indicators

Invesco Quality Municipal is rated below average. in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 99.05 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Invesco Quality Municipal is roughly 99.05
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Invesco Quality to Peers

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