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VADAX
Mutual Fund ticker: NASDAQ
AS OF
Dec 18 closing price
Price
$71.19
Change
-$2.18 (-2.97%)
Net Assets
7.08B

VADAX Invesco Equally-Wtd S&P 500 A Forecast, Technical & Fundamental Analysis

Category LargeBlend
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Advanced Micro Devices (NASDAQ:AMD).

Industry description

The investment seeks total return through growth of capital and current income. The fund invests, under normal circumstances, all, or substantially all, of its assets in common stocks represented in the S&P 500® Equal Weight Index, and in derivatives and other instruments that have economic characteristics similar to such securities. The index is an equal-weighted version of the S&P 500® Index, which measures the performance of equity securities of larger U.S. companies. The fund can invest in derivative instruments including futures contracts.

Market Cap

The average market capitalization across the Invesco Equally-Wtd S&P 500 A MF is 931.03B. The market cap for tickers in the group ranges from 10.19B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is CTLT at 10.19B.

Volume

The average weekly volume growth across all stocks in the Invesco Equally-Wtd S&P 500 A MF was 23%. For the same stocks of the MF, the average monthly volume growth was 3% and the average quarterly volume growth was -48%

Fundamental Analysis Ratings

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

Valuation Rating: 75
P/E Growth Rating: 56
Price Growth Rating: 26
SMR Rating: 49
Profit Risk Rating: 33
Seasonality Score: 43 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Large Blend
Address
AIM Counselor Series Trust (Invesco Counselor Series Trust)11 Greenway Plaza,Suite 100Houston
Phone
N/A
Web
www.invesco.com
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VADAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, VADAX has been closely correlated with FXAIX. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if VADAX jumps, then FXAIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To VADAX
1D Price
Change %
VADAX100%
-0.74%
FXAIX - VADAX
86%
Closely correlated
-0.39%
VFINX - VADAX
83%
Closely correlated
-0.38%
VFIAX - VADAX
82%
Closely correlated
-0.38%
FWWMX - VADAX
82%
Closely correlated
-0.77%
FWMMX - VADAX
82%
Closely correlated
-0.77%
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