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RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
VKI
Primary Facts
Asset Management
Name:
-
Sector:
43.84M
Industry:
9.1
CEO:
Total Employees:
Small Cap
Our Technological Advancement Rating
Our Rating:
-
Invesco Adv Muni Ii (XNYS:VKI) In-Depth Stock/Fundamental/Options Analysis Today
Primary Targets/Price Insights
Previous Close ($) :
Invesco Adv Muni II (XNYS:VKI)
One Month Price Target:
Six Month Price Target :
$9.12
Likely Price in One Year's Time:
Ticker:
$9.2
Likely Trading Range Today Under (Normal Volatility)
$9.12
Price Upper limit ($) :
$9.29
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
P11
This week:
$8.88
This month :
$8.62
Other Primary facts
Market Cap:
-
Market Cap Classification:
437.58M
Number of Shares
IPO Date:
-
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
-12.52%
$8.13
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$9.65
8.99%
$8.55
$10.10
Medium risk (<10%) entry points
Buy Call
Sell Call
$9.41
Buy Put:
Sell Put:
$8.10
$8.79
$9.51
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
Asset Management
Sharpe Ratio:
VKI, is amongst the top 40% lowest yielding stocks in terms of daily returns
Comparison:
0.80%
-4.49209342
Sharpe ratio is -449.21% lower than the industry
Average Returns/Yield of
Asset Management
Daily returns:
1
Weekly returns:
-0.02%
Monthly returns:
-0.12%
Yearly returns:
-5.59%
Comparison of returns:
-1.609024466
Classification:
Average annual returns/yield (last 3 years) is -160.90% below industry average
Results of T-Test of Returns:
VKI is a comparatively less risky than Nasdaq (IXIC)
Statistical test of Returns:
0.97
Volatility (measured by Standard Deviation)
Daily Volatility:
& is -223.19% lower than the market/S&P 500 average
Weekly Volatility:
1.15%
Monthly Volatility:
2.56%
Yearly Volatility:
5.12%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
22.32%
-32.52%
Value at Risk Analysis (VaR)
Daily VaR:
Volatility in last five trading days has been -32.52% below long-term volatility
Weekly VaR:
-2.37%
Monthly VaR:
-5.31%
How Much Can the price of
Asset Management
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
Risk of crash in next 6/12 months: Low (<25%)
Worst case (decline):
$8.22
This translates to price declining to:
-10%
This translates to price declining to:
-36.79%
Severe Crash Probability
-10.62%
What is Value at Risk (VaR)?
Risk Fundamentals
-35.78%
VKI is -25.04% less risky an investment compared to the market/S&P 500 & is -35.78% less risky than Nasdaq(IXIC)
VKI is -25.04% less risky an investment compared to the market/S&P 500
Beta Examination of
Asset Management
0.316
Expected beta in 1 year's time:
0.288
Expected beta in 3 year's time:
0.686
Unlevered (debt free) Beta:
Beta in relation to market/S&P 500--0.32
Beta in relation to Nasdaq (XNAS):
Returns are left (negative) skewed; mean returns are lower than median and mode returns
Beta in relation to all global stocks::
Beta is -81.36% below industry average
Beta Comparison & Analysis
Beta of competitors/peers::
-
-0.702
Average Industry Beta:
Beta is -70.24% lower than peers
-0.813623509
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
WACC is 0.99% above industry mean WACC
-53.19%
Alpha provided | Alpha Analysis
Alpha provided:
0.970
0.957
-6.942
Analysis of Cost of Capital of
Asset Management
Equity cost of capital:
Alpha is -694% below the market average
-0.640
Unlevered (without debt) cost of capital:
Equity cost of capital is -63.99% below industry mean WACC
Before-tax cost of debt:
-
After-tax cost of debt:
25.02%
Overall debt rating:
19.76%
Weighted average cost of capital (WACC):
25.02%
0.99%
Key Per-Share Metrics & Analysis
Revenue per share:
Present value of the expected future dividends only: $3.18
Revenue growth rate per share of (3Y):
Price to sales ratio is -4.75% below the industry mean
-174.02%
EPS:
-
Expected Annual growth rate of EPS (3Y):
Price to free cash flow ratio is -27.61% lower than the industry
40.43%
Free cash flow (FCF) per share:
Price to book ratio is -22.88% below the industry mean
-
-1.729816456
Debt per share
-
EBITDA per share
-
Valuation Analysis Today of
Asset Management
P/E Ratio:
Sustainable growth rate is -53.19% below industry average
P/E Ratio of Competitors/Peers:
-
-
-0.968867664
-10.39240759
$1.41
Share value as per dividend discount (DDM) model: $19.47
P/S (Price to Sales ratio):
-
-0.047468219
P/B (Price to book value ratio):
Price to sales ratio is -4.75% below the industry mean
-
-0.276124405
Net income growth rate (3Y):
Annual revenue growth rate is -174.02% below industry average
-146.90%
Dividend Analysis
Net income growth rate is -146.90% lower than the industry average net income growth rate
Dividend payout rate: 30.35%
$0.05
Previous Dividend: $0.05
Previous adjusted dividend: $0.05
Previous Dividend: $0.19
Expected next dividend best case: $0.05
Expected next dividend worst case: $0.05
Average dividend payment (long-term): $0.05
Average dividend increase/decrease (growth rate) % per period: -0.47%
-
-
-
-
-
Dividend History:
-
2022-05-13--$0.05
2022-03-14--$0.05
2022-06-14--$0.05
2022-04-14--$0.05
2022-02-14--$0.05
-1.085122704
In-depth Debt & Leverage Analysis
Debt to equity ratio:
24.00%
Net debt to equity ratio:
The remaining useful life of property plant & equipment is: 0.1 years
Debt to assets ratio:
14.55%
Net debt to assets ratio:
65.48%
-24.29%
Ability to repay debt:
Interest coverage ratio:
Debt-to-asset ratio is -24.29% below industry average
-0.94
Looking forward:
Debt growth rate:
1.7x
829.38%
-
Analysis of Key Statistics
Correlation of price movement with the market:
12.51556943
Statistical significance of correlation:
-0.22%
Average Correlation of the industry with the market:
0.431
-25.11%
R Squared (percentage of price movement explained by movement of the market):
0.431
Correlation of price movement with Nasdaq (^IXIC):
0.186
Covariance of price movement with the market:
-0.011
Kurtosis
-0.007
31.501
Skewness of returns:
Returns have severe fat-tails (leptokurtic), i.e., returns considerably higher or lower than the mean returns are considerably more likely, compared to assets with normally distributed returns
-1.876
Fundamental Analysis & Dupont Analysis of
Asset Management
Gross Profit Margin Ratio:
47.20M
Operating Profit Margin Ratio:
Net profit margin is 128.64% higher than the industry
35.20%
Net Profit Margin Ratio:
47.20M
Effective Tax Rate:
-
-
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
Return on assets (ROA) is 54.59% higher than the industry
-41.12%
Financial Leverage
Asset Turnover Ratio (ROA):
Operating profit margin is 35.20% higher than the industry
54.59%
Financial Leverage:
Interest coverage ratio is -94.20% less than industry average
Current Ratio:
Return on equity (ROE) is -41.12% lower than the industry
-
Cash Conversion Cycle (days):
-
-1.095862335
-
Stock based compensation to net income ratio:
Equity growth rate per share is -172.98% lower than the industry
In-depth Efficiency Analysis
Revenue generated per employee:
Cash conversion cycle is -109.59% below industry average
-
EBITDA generated per employee:
-
-
Profit generated per employee:
-
-
Free cash flow (FCF) generated per employee:
-
-
Assets/Capital per employee
-
-
Research & Development (R&D) Analysis
-
-
Competitors/Peer firms of
Asset Management
$9.31
Allspring Income Oppty (XNYS:EAD)
GAMCO Gl Gld NR & Inc (XNYS:GGN)
Cornerstone Total Return (XNYS:CRF)
abrdn Emg Mkts Eq Inc (XNYS:AEF)
Clough Glbl Opptys (XNYS:GLO)
Allspring Multi-Sector (XNYS:ERC)
BLUE RIDGE BANKSHARES, INC. (XNYS:BRBS)
Neuberger Municipal (XNYS:NBH)
Current Analyst Ratings
-$0.06
Strong buy�0%
Buy�0%
Hold�0%
Sell�0%
Strong sell�0%
Income Statement
Period:
2/29/2020
Date:
Value
Revenue:
TTM
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
74.01M
26.80M
255%
-
73.18K
140.02K
-
-
26.94M
-
32.53M
-
612%
-
32.53M
433%
-
Statement of Cash Flow
Date:
Period:
6.05M
Differed Income Tax :
-
Stock Based Compensation :
-
Change in Working Capital :
-
Accounts Receivables:
- 339.13K
Other Working Capital:
-
Other Non-Cash Items:
-
Net Cash Provided by Operating Activities:
38.13M
Investments in PP&E:
43.84M
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
Value
2/28/2021
2021
FY
1.69M
-
1.69M
9.13M
-
-
-
-
-
-
871.46M
-
-
-
882.28M
882.28M
1.18M
-
-
-
-
-
-
-
-
347.53M
347.53M
499.39M
35.36M
-
Value
140.02K
-
534.75M
882.28M
-
130.02M
-
-
-
-
-
-
-
- 24153.87K
- 17997.39K
- 42151.27K
-
-
1.69M
-
43.84M
-
Our Proprietary Portfolio Rating
Our Rating:
-
Price Forecast/Expected Price in Next 5 Years of
Asset Management
2023
2024
2025
2026
2027
8.562817452
$8.56
$8.74
$8.93
$9.12