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CurrencyShar quote and profile

 
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96.63
  
ETF
(0.94)  Macroaxis: -0.96 Down   0.96%  
Year To Date
95.3103
Trading Day 
96.4896.88
May 19 2013 

Diversification Suggestion

Use CurrencyShar to protect against small markets fluctuations. The etf experiences moderate downward daily trend and can be a good diversifier
Analyze CurrencyShares Canadian Trend or Check current 30 days CurrencyShar correlation with market (S&P 500)
1 Month Beta -0.08  
Highest Price:  
Lowest Price:  
99.11  
96.63  
May 08 2013 
May 17 2013 
As returns on market increase, returns on owning CurrencyShar are expected to decrease at a much smaller rate. During bear market, CurrencyShar is likely to outperform the market.
CurrencyShares Canadian Dollar Trust Almost negative betaCurrencyShares Canadian Beta Legend
FXC United States NYSEArca
CurrencyShares Canadian Dollar Trust
Guggenheim Investments
Currency
Contact Number: 800. 820. 0888
Currency: USD - US Dollar
Traded on Archipelago Exchange
    
Net Asset455.19 M
 United States Russel   1.11 % Macroaxis: change 1.11 Moved Up  
 
 United States SP 500   1.03 % Macroaxis: change 1.03 Moved Up  
 
 United States Nasdaq   0.97 % Macroaxis: 0.97 Moved Up  
 
 United States NYSE   0.92 % Macroaxis: 0.92 Moved Up  
 
 thisRed FXC FXC agains markets  0.96 % Macroaxis: 0.96 Moved Down  
 
Compare to Competition Get Alpha   Get Advice

CurrencyShar correlation with market

Good diversification
Overlapping area represents amount of risk that can be diversified away by holding CurrencyShares Canadian Dollar and equity matching GSPC index in the same portfolio

CurrencyShar Price and Market Media

The median price of CurrencyShar for the period between Fri, Apr 19, 2013 and Sun, May 19, 2013 is 98.31 with a coefficient of variation of 0.8. The daily time series for the period is distributed with a sample standard deviation of 0.79, arithmetic mean of 97.99, and mean deviation of 0.69. The ETF received some media coverage during the period.
CurrencyShar         Market
Price Growth (%)
 
1
CurrencyShares Canadian Dollar Trust Declares Monthly Divide...05/02/2013Macroaxis: News
2
Forex Currencies Morning Update May 7 Markets and Trade05/08/2013Macroaxis: News
3
Forex Currencies Morning Update May 14 Markets and Trade05/15/2013Macroaxis: News

CurrencyShar Summary

CurrencyShares Canadian Dollar Trust [FXC] is traded in USA and was established in June 20, 2006. The fund is classified under Currency category within Guggenheim Investments family. This fund currently have 455.19 M in assets under management (AUM). CurrencyShares Canadian Dollar Trust is currenly generating return of -2.2% with the current yeild of 0.13%, while the total return for the last 3 years was 6.78%.
Past Market
Over 30
Days
0
Out Of
100
 
Chance of
Less
Than
20 %
 
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CurrencyShar Research Report

CurrencyShar vs. FXA

Correlation analysis and fundamentals comparison between CurrencyShares Canadian and CurrencyShares Austr

CurrencyShar Asset Under Management

CurrencyShares Canadian Dollar Trust is rated # 3 ETF in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Currency category is currently estimated at about 3.26 Billion. CurrencyShar retains roughly 455.19 Million in net asset claiming about 14% of ETFs in Currency category.

CurrencyShar Fundamentals

Net Asset vs Year to Date Return
One Year Return vs Three Year Return
Net Asset vs Annual Yield

CurrencyShar vs Competition

CurrencyShar vs. CurrencyShares Australian Dollar Trust
CurrencyShar vs. PowerShares DB G10 Currency Harvest
CurrencyShar vs. WisdomTree Emerging Currency
CurrencyShar vs. CurrencyShares Swiss Franc Trust
CurrencyShar vs. CurrencyShares Euro Trust
CurrencyShar vs. WisdomTree Chinese Yuan
CurrencyShar vs. CurrencyShares Japanese Yen Trust
CurrencyShar vs. PowerShares DB US Dollar Index Bearish
CurrencyShar vs. CurrencyShares Swedish Krona Trust

CurrencyShar May 19 2013 Opportunity Range

Downside Deviation0.4869
Information Ratio(0.97)
Maximum Drawdown1.12
Value At Risk(0.61)
Potential Upside0.4744

 
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