Invesco CoinShares (Germany) Performance
| BNXG Etf | EUR 102.54 2.20 2.10% |
The etf retains a Market Volatility (i.e., Beta) of -1.01, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Invesco CoinShares are expected to decrease slowly. On the other hand, during market turmoil, Invesco CoinShares is expected to outperform it slightly.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Invesco CoinShares Global are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Invesco CoinShares reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 35.62 | |
| Fifty Two Week High | 120.42 |
Invesco |
Invesco CoinShares Relative Risk vs. Return Landscape
If you would invest 8,412 in Invesco CoinShares Global on October 6, 2024 and sell it today you would earn a total of 1,842 from holding Invesco CoinShares Global or generate 21.9% return on investment over 90 days. Invesco CoinShares Global is generating 0.3749% of daily returns assuming 3.2199% volatility of returns over the 90 days investment horizon. Simply put, 28% of all etfs have less volatile historical return distribution than Invesco CoinShares, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Invesco CoinShares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco CoinShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco CoinShares Global, and traders can use it to determine the average amount a Invesco CoinShares' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1164
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Estimated Market Risk
| 3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Invesco CoinShares is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Invesco CoinShares by adding it to a well-diversified portfolio.
Invesco CoinShares Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco CoinShares, and Invesco CoinShares fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Invesco Etf performance.
| Total Asset | 1.14 B | |||
About Invesco CoinShares Performance
By analyzing Invesco CoinShares' fundamental ratios, stakeholders can gain valuable insights into Invesco CoinShares' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Invesco CoinShares has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Invesco CoinShares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment objective of the Fund is to achieve the performance of the ElwoodBlockchain GlobalEquity Index less fees, expenses and transaction costs. INVES M is traded on Frankfurt Stock Exchange in Germany.| Invesco CoinShares had very high historical volatility over the last 90 days | |
| The fund holds 98.96% of its assets under management (AUM) in equities |
Other Information on Investing in Invesco Etf
Invesco CoinShares financial ratios help investors to determine whether Invesco Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco CoinShares security.