Invesco CurrencyShares Financials
| FXC Etf | USD 71.42 0.03 0.04% |
Net Expense Ratio 0.004 | 3 y Sharp Ratio (0.63) |
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 presentation of Invesco CurrencyShares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Invesco CurrencyShares' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Invesco CurrencyShares' management manipulating its earnings.
Invesco CurrencyShares Etf Summary
Invesco CurrencyShares competes with First Trust, JPMorgan Diversified, FlexShares Quality, ProShares Large, and Davis Select. The sponsor believes that, for many investors, the shares represent a cost-effective investment relative to traditional means of investing in the foreign exchange market. Canadian Dollar is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US46138T1043 |
| Region | North America |
| Investment Issuer | Invesco |
| Etf Family | Invesco |
| Fund Category | Canadian Dollar |
| Portfolio Concentration | Canadian Dollar |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Invesco CurrencyShares Key Financial Ratios
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 Canadian is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 0.84 of One Year Return per Beta. The ratio of Beta to One Year Return for Invesco CurrencyShares Canadian is roughly 1.20 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Invesco CurrencyShares' earnings, one of the primary drivers of an investment's value.About Invesco CurrencyShares Financials
What exactly are Invesco CurrencyShares Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Invesco CurrencyShares' income statement, its balance sheet, and the statement of cash flows. Potential Invesco CurrencyShares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Invesco CurrencyShares investors may use each financial statement separately, they are all related. The changes in Invesco CurrencyShares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Invesco CurrencyShares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Invesco CurrencyShares February 19, 2026 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 Canadian. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco CurrencyShares Canadian 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.
| Downside Deviation | 0.2787 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 1.87 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.6773 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco CurrencyShares Canadian. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Invesco CurrencyShares is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco CurrencyShares' value that differs from its market value or its book value, called intrinsic value, which is Invesco CurrencyShares' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Invesco CurrencyShares' market value can be influenced by many factors that don't directly affect Invesco CurrencyShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco CurrencyShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco CurrencyShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Invesco CurrencyShares' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.