Invesco CurrencyShares Financials
| FXY Etf | MXN 1,226 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 Japanese. 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 Promotora, UnitedHealth Group, Qulitas Controladora, Hoteles City, and Grupo Hotelero. The investment seeks to track the price of the Japanese Yen, net of trust expenses. INVESCO CCY is traded on Mexico Stock Exchange in Mexico.| Instrument | Mexico Etf |
| Exchange | Mexican Exchange |
| ISIN | US46138W1071 |
| 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 Japanese is one of the top ETFs in one year return as compared to similar ETFs. It also is one of the top ETFs in three year return as compared to similar ETFs . 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 ten with a total number of output elements of fifty-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 November 30, 2024 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 Japanese. We use our internally-developed statistical techniques to arrive at the intrinsic value of Invesco CurrencyShares Japanese 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 | (0.17) | |||
| Maximum Drawdown | 8.89 | |||
| Potential Upside | 0.1244 |
Additional Information and Resources on Investing in Invesco Etf
When determining whether Invesco CurrencyShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco CurrencyShares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Currencyshares Japanese Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Currencyshares Japanese Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Invesco CurrencyShares Japanese. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.