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ITYAX Invesco Technology A Forecast, Technical & Fundamental Analysis

Category Technology
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), SERVICENOW (NYSE:NOW), Lam Research Corp (NASDAQ:LRCX).

Industry description

The investment seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of issuers engaged in technology-related industries, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in equity securities. The principal type of equity security in which the fund invests is common stock. It is non-diversified.

Market Cap

The average market capitalization across the Invesco Technology A MF is 1.13T. The market cap for tickers in the group ranges from 27.97B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is MPWR at 27.97B.

Volume

The average weekly volume growth across all stocks in the Invesco Technology A MF was 61%. For the same stocks of the MF, the average monthly volume growth was 22% and the average quarterly volume growth was -9%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 76
P/E Growth Rating: 67
Price Growth Rating: 40
SMR Rating: 49
Profit Risk Rating: 21
Seasonality Score: 20 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
Aim Sector Funds11 Greenway Plaza,Suite 100Houston
Phone
N/A
Web
www.invesco.com
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ITYAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ITYAX has been closely correlated with PRGTX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if ITYAX jumps, then PRGTX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ITYAX
1D Price
Change %
ITYAX100%
-2.42%
PRGTX - ITYAX
96%
Closely correlated
-2.21%
VITAX - ITYAX
96%
Closely correlated
-2.39%
FSPTX - ITYAX
95%
Closely correlated
-2.38%
CCIZX - ITYAX
91%
Closely correlated
-1.26%
CCOYX - ITYAX
91%
Closely correlated
-1.26%
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