Invesco Currencyshares Euro Etf Fundamentals
| FXE Etf | USD 94.88 0.18 0.19% |
Invesco CurrencyShares Euro fundamentals help investors to digest information that contributes to Invesco CurrencyShares' financial success or failures. It also enables traders to predict the movement of Invesco Etf. The fundamental analysis module provides a way to measure Invesco CurrencyShares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Invesco CurrencyShares etf.
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Invesco CurrencyShares Euro ETF Price To Earning Analysis
Invesco CurrencyShares' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Invesco CurrencyShares Price To Earning | (164.03) X |
Most of Invesco CurrencyShares' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Invesco CurrencyShares Euro is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Invesco CurrencyShares Euro has a Price To Earning of -164.03 times. This is 2083.43% lower than that of the Invesco family and significantly lower than that of the Single Currency category. The price to earning for all United States etfs is notably higher than that of the company.
Invesco CurrencyShares Fundamental Drivers 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 one of the top ETFs in price to earning as compared to similar ETFs. It is rated # 4 ETF in beta as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value Invesco CurrencyShares by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Did you try this?
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Invesco Fundamentals
| Price To Earning | (164.03) X | |||
| Earnings Per Share | (0.86) X | |||
| Number Of Employees | 55 | |||
| Beta | 10.24 | |||
| Market Capitalization | 196.78 M | |||
| Total Asset | 369.31 M | |||
| One Year Return | (3.50) % | |||
| Three Year Return | (2.40) % | |||
| Five Year Return | (1.20) % | |||
| Ten Year Return | (1.40) % | |||
| Net Asset | 369.31 M |
About Invesco CurrencyShares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco CurrencyShares Euro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Invesco CurrencyShares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Invesco CurrencyShares Euro based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The investment seeks to reflect the price in USD of the Euro. Euro Trust is traded on NYSEArca Exchange in the United States.
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Check out Invesco CurrencyShares Piotroski F Score and Invesco CurrencyShares Altman Z Score analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.