Invesco Currencyshares Euro Etf Price To Earning
| FXE Etf | MXN 2,017 0.00 0.00% |
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.
Invesco |
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.
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.
| Competition |
Based on the latest financial disclosure, Invesco CurrencyShares Euro has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Invesco family and 100.0% lower than that of the Family category. The price to earning for all Mexico etfs is 100.0% higher than that of the company.
Invesco Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Invesco CurrencyShares' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Invesco CurrencyShares could also be used in its relative valuation, which is a method of valuing Invesco CurrencyShares by comparing valuation metrics of similar companies.Invesco CurrencyShares is currently under evaluation in price to earning as compared to similar ETFs.
Invesco Fundamentals
| Market Capitalization | 4.6 B | |||
| Total Asset | 284.88 M | |||
| One Year Return | 8.85 % | |||
| Three Year Return | 0.53 % | |||
| Five Year Return | 0.54 % | |||
| Ten Year Return | (2.24) % | |||
| Net Asset | 284.88 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Invesco Etf
When determining whether Invesco CurrencyShares is a strong investment it is important to analyze Invesco CurrencyShares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco CurrencyShares' future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports: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 board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.