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ORNAX Invesco Rochester® Municipal Opps A Forecast, Technical & Fundamental Analysis

Category HighYieldMuni
A.I.Advisor
published Highlights

Industry description

The investment seeks tax-free income. Under normal market conditions, and as a fundamental policy, the fund expects to invest at least 80% of its net assets (plus borrowings for investment purposes) in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from federal individual and, as applicable, the fund's state income tax. Additionally, under normal market conditions, the fund expects to invest at least 80% of its net assets in New York municipal securities, and in derivatives and other instruments that have economic characteristics similar to such securities.
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A.I. Advisor
published General Information

General Information

Category HighYieldMuni

Profile
Fundamentals
Details
Category
High Yield Muni
Address
AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)11 Greenway Plaza,Suite 100Houston
Phone
N/A
Web
www.invesco.com/us
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ORNAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ORNAX has been closely correlated with IORYX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if ORNAX jumps, then IORYX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ORNAX
1D Price
Change %
ORNAX100%
N/A
IORYX - ORNAX
98%
Closely correlated
N/A
IORHX - ORNAX
98%
Closely correlated
N/A
ORNCX - ORNAX
97%
Closely correlated
+0.15%
ORNYX - ORNAX
96%
Closely correlated
+0.15%
MMHEX - ORNAX
96%
Closely correlated
N/A
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