Invesco CurrencyShares Financials
| FXE Etf | MXN 1,954 0.00 0.00% |
Invesco |
The data published in Invesco CurrencyShares' official financial statements typically reflect Invesco CurrencyShares' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Invesco CurrencyShares' quantitative information. For example, before you start analyzing numbers published by Invesco accountants, it's essential to understand Invesco CurrencyShares' liquidity, profitability, and earnings quality within the context of the Invesco space in which it operates.
Please note, the imprecision that can be found in Invesco CurrencyShares' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Invesco CurrencyShares Euro. Check Invesco CurrencyShares' Beneish M Score to see the likelihood of Invesco CurrencyShares' management manipulating its earnings.
Invesco CurrencyShares Etf Summary
Invesco CurrencyShares competes with Invesco DB, Invesco QQQ, Invesco DB, Invesco CurrencyShares, and Invesco DB. The investment seeks to reflect the price in USD of the Euro. INVESCO CCY is traded on Mexico Stock Exchange in Mexico.| Instrument | Mexico Etf |
| Exchange | Mexican Exchange |
| ISIN | US46138K1034 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Invesco |
| Benchmark | Dow Jones Industrial |
| Phone | 800 820 0888 |
| Currency | MXN - Mexican Peso |
Invesco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Invesco CurrencyShares's current stock value. Our valuation model uses many indicators to compare Invesco CurrencyShares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Invesco CurrencyShares competition to find correlations between indicators driving Invesco CurrencyShares's intrinsic value. More Info.Invesco CurrencyShares Euro is rated # 4 ETF in one year return as compared to similar ETFs. It is rated below average in three year return as compared to similar ETFs reporting about 0.06 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Invesco CurrencyShares Euro is roughly 16.70 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Invesco CurrencyShares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Invesco CurrencyShares' Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Invesco CurrencyShares Systematic Risk
Invesco CurrencyShares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Invesco CurrencyShares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Invesco CurrencyShares correlated with the market. If Beta is less than 0 Invesco CurrencyShares generally moves in the opposite direction as compared to the market. If Invesco CurrencyShares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Invesco CurrencyShares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Invesco CurrencyShares is generally in the same direction as the market. If Beta > 1 Invesco CurrencyShares moves generally in the same direction as, but more than the movement of the benchmark.
Invesco CurrencyShares March 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Invesco CurrencyShares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Invesco CurrencyShares Euro. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco CurrencyShares Euro based on widely used predictive technical indicators. In general, we focus on analyzing Invesco Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Invesco CurrencyShares's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.37 | |||
| Potential Upside | 0.1029 |
Additional Information and Resources on Investing in Invesco Etf
When determining whether Invesco CurrencyShares is a strong investment it is important to analyze Invesco CurrencyShares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco CurrencyShares' future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco CurrencyShares Euro. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.