Invesco Currencyshares Euro Etf Performance
| FXE Etf | USD 96.93 0.75 0.78% |
The etf retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Invesco CurrencyShares are expected to decrease at a much lower rate. During the bear market, Invesco CurrencyShares is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Invesco CurrencyShares Euro has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Invesco CurrencyShares is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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| In Threey Sharp Ratio | -0.65 |
Invesco |
Invesco CurrencyShares Relative Risk vs. Return Landscape
If you would invest 10,218 in Invesco CurrencyShares Euro on August 28, 2024 and sell it today you would lose (525.00) from holding Invesco CurrencyShares Euro or give up 5.14% of portfolio value over 90 days. Invesco CurrencyShares Euro is generating negative expected returns assuming volatility of 0.4255% on return distribution over 90 days investment horizon. In other words, 3% of etfs are less volatile than Invesco, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Invesco CurrencyShares Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Invesco CurrencyShares' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Invesco CurrencyShares Euro, and traders can use it to determine the average amount a Invesco CurrencyShares' 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 = -0.1946
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| Negative Returns | FXE |
Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Invesco CurrencyShares is not performing at its full potential. However, 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 CurrencyShares by adding Invesco CurrencyShares to a well-diversified portfolio.
Invesco CurrencyShares Fundamentals Growth
Invesco Etf prices reflect investors' perceptions of the future prospects and financial health of Invesco CurrencyShares, and Invesco CurrencyShares 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.
| Price To Earning | (164.03) X | |||
| Earnings Per Share | (0.86) X | |||
| Total Asset | 369.31 M | |||
About Invesco CurrencyShares Performance
By analyzing Invesco CurrencyShares' fundamental ratios, stakeholders can gain valuable insights into Invesco CurrencyShares' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Invesco CurrencyShares 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 CurrencyShares has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The investment seeks to reflect the price in USD of the Euro. Euro Trust is traded on NYSEArca Exchange in the United States.| Invesco CurrencyShares generated a negative expected return over the last 90 days | |
| Invesco CurrencyShares has high likelihood to experience some financial distress in the next 2 years | |
| Latest headline from talkmarkets.com: FX Daily Big PMI Day For The Euro | |
| This fund generated-2.0 ten year return of -2.0% | |
| Invesco CurrencyShares retains all of the assets under management (AUM) in different types of exotic instruments |
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 interest. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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. However, Invesco CurrencyShares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.