Invesco Currencyshares Japanese Etf Price To Earning
| FXY Etf | USD 59.73 0.33 0.56% |
Invesco CurrencyShares Japanese 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 Japanese 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 | (256.89) 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 Japanese 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.
| Competition |
Based on the latest financial disclosure, Invesco CurrencyShares Japanese has a Price To Earning of -256.89 times. This is 3206.29% 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.
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Invesco Fundamentals
| Price To Earning | (256.89) X | |||
| Earnings Per Share | (0.41) X | |||
| Number Of Employees | 74 | |||
| Beta | 25.19 | |||
| Market Capitalization | 137.25 M | |||
| Total Asset | 187.19 M | |||
| One Year Return | (5.10) % | |||
| Three Year Return | (10.30) % | |||
| Five Year Return | (7.40) % | |||
| Ten Year Return | (3.20) % | |||
| Net Asset | 187.19 M |
About Invesco CurrencyShares Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Invesco CurrencyShares Japanese'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 Japanese 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.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 Invesco CurrencyShares Piotroski F Score and Invesco CurrencyShares Altman Z Score analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.