Invesco Currencyshares Japanese Etf Performance
| FXY Etf | USD 59.38 0.15 0.25% |
The etf retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Invesco CurrencyShares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Invesco CurrencyShares is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Invesco CurrencyShares Japanese has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Invesco CurrencyShares is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
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| In Threey Sharp Ratio | -1.46 |
Invesco |
Invesco CurrencyShares Relative Risk vs. Return Landscape
If you would invest 6,205 in Invesco CurrencyShares Japanese on February 12, 2024 and sell it today you would lose (267.00) from holding Invesco CurrencyShares Japanese or give up 4.3% of portfolio value over 90 days. Invesco CurrencyShares Japanese is generating negative expected returns assuming volatility of 0.5688% on return distribution over 90 days investment horizon. In other words, 5% 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 Japanese, 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 = -0.118
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| Negative Returns | FXY |
Estimated Market Risk
| 0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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 | (256.89) X | |||
| Earnings Per Share | (0.41) X | |||
| Total Asset | 187.19 M | |||
About Invesco CurrencyShares Performance
To evaluate Invesco CurrencyShares Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Invesco CurrencyShares generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Invesco Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Invesco CurrencyShares market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Invesco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund seeks to reflect the price in USD of the Japanese Yen. Japanese Yen 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: Elliott Wave Analysis On USDJPY Recovery Post BOJ Intervention | |
| This fund generated-5.0 ten year return of -5.0% | |
| 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 Japanese. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most 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.