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By Ellen Johnson

February 11, 2019

The Top 7 Currency stocks to own in March 2019

This list of potential positions covers Funds investing in currencies. Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.


Citigroup Global Markets Holdings (UJPY)

Citigroup Global Markets Holdings [UJPY] is traded in USA and was established 2017-12-12. The fund is listed under Multicurrency category and is part of Citigroup family. The entity is thematically classified as Currency. Citigroup Global Mar at this time have 4.21M in net assets. , while the total return for the last year was -12.06%. Citigroup Global Mar shows prevailing Real Value of $23.74 per share. The current price of the entity is $24.06. At this time the entity appears to be fairly valued. Macroaxis approximates value of Citigroup Global Mar from analyzing the entity fundamentals such as Gross Profit of 8.48B and Net Asset of 4.21M as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

VanEck Vectors ChinaAMC China Bond ETF (CBON)

VanEck Vectors ChinaAMC China Bond ETF [CBON] is traded in USA and was established 2014-11-10. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of VanEck family. The entity is thematically classified as Emerging Markets. VanEck Vectors ChinaAMC currently have 4.64M in assets under management (AUM). , while the total return for the last 3 years was 2.13%. VanEck Vectors competes with iShares JP, and JPMorgan Chase. The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ChinaBond China High Quality Bond Index. VanEck Vectors is traded on Archipelago Exchange in USA.

WisdomTree Asia Local Debt ETF (ALD)

WisdomTree Asia Local Debt ETF [ALD] is traded in USA and was established 2011-03-17. The fund is classified under Emerging-Markets Local-Currency Bond category within WisdomTree family. The entity is thematically classified as Currency. WisdomTree Asia Local presently have 13.38M in assets under management (AUM). , while the total return for the last 3 years was 3.42%. WisdomTree Asia Local prevalent Real Value cannot be determined due to lack of data. The last-minute price of WisdomTree Asia Local is $44.6. Based on Macroaxis valuation methodology, the etf cannot be evaluated at this time. Macroaxis calculates value of WisdomTree Asia Local from examining the etf fundamentals such as Total Asset of 13.38M, Number of Employees of 175 and Net Asset of 13.38M as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together. WisdomTree Asia Local prevalent Real Value cannot be determined due to lack of data. The last-minute price of WisdomTree Asia Local is $44.6. Based on Macroaxis valuation methodology, the etf cannot be evaluated at this time. Macroaxis calculates value of WisdomTree Asia Local from examining the etf fundamentals such as Net Asset of 13.38M, Number of Employees of 175 and Total Asset of 13.38M as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we encourage to purchase undervalued securities and to sell overvalued securities since at some point equities prices and their ongoing real values will grow together.

PowerShares DB US Dollar Bearish ETF (UDN)

PowerShares DB US Dollar Bearish ETF [UDN] is traded in USA and was established 2007-02-20. The fund is classified under Multicurrency category within Invesco family. The entity is thematically classified as Currency. PowerShares DB US at this time have 33.76M in net assets. , while the total return for the last 3 years was 0.28%. PowerShares competes with PowerShares, PowerShares, WisdomTree Emerging, Citigroup ETNs, Citigroup ETNs, Citigroup Global, Citigroup Global, and Citigroup ETNs. The investment seeks to track the changes, whether positive or negative, in the level of the Deutsche Bank Short US Dollar Index Futures Index. PowerShares is traded on Archipelago Exchange in USA.

First Trust Emerging Mkts Lcl Ccy Bd ETF (FEMB)

First Trust Emerging Mkts Lcl Ccy Bd ETF [FEMB] is traded in USA and was established 2014-11-04. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of First Trust family. The entity is thematically classified as Currency. First Trust Emerging currently have 79.05M in assets under management (AUM). , while the total return for the last 3 years was 5.65%. First Trust Emerging prevailing Real Value cannot be determined due to lack of data. The current price of First Trust Emerging is $38.45. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis computes value of First Trust Emerging from reviewing the entity fundamentals such as One Year Return of (7.21)%, Last Dividend Paid of 0.18 and Bond Positions Weight of 49.57% as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge. First Trust Emerging prevailing Real Value cannot be determined due to lack of data. The current price of First Trust Emerging is $38.45. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Macroaxis computes value of First Trust Emerging from reviewing the entity fundamentals such as One Year Return of (7.21)%, Last Dividend Paid of 0.18 and Bond Positions Weight of 49.57% as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge.

Goldman Sachs Local Emerg Mkts Dbt Instl (GIMDX)

Goldman Sachs Local Emerg Mkts Dbt Instl [GIMDX] is traded in USA and was established February 20, 2019. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of Goldman Sachs family. The entity is thematically classified as Currency. Goldman Sachs Local currently has accumulated 219.53M in assets under management (AUM) with minimum initial investment of 1000K. , while the total return for the last 3 years was 16.04%. Goldman Sachs Local retains regular Real Value of $6.32 per share. The prevalent price of the fund is $5.82. At this time the entity appears to be undervalued. We determine the value of Goldman Sachs Local from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage to acquire undervalued assets and to sell overvalued assets since at some point stocks prices and their ongoing real values will come together.

MFS Emerging Markets Debt Lcl Ccy R2 (EMLKX)

MFS Emerging Markets Debt Lcl Ccy R2 [EMLKX] is traded in USA and was established February 20, 2019. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of MFS family. The entity is thematically classified as Currency. MFS Emerging Markets currently has accumulated 313.65M in assets under management (AUM) with minimum initial investment of 0. , while the total return for the last 3 years was 0.8%. MFS Emerging Markets secures last-minute Real Value of $7.21 per share. The latest price of the fund is $6.64. At this time the organization appears to be undervalued. We determine the value of MFS Emerging Markets from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point future time entities prices and their ongoing real values will merge together. MFS Emerging competes with PIMCO Emerging, T Rowe, TCW Emerging, MFS Emerging, MFS Emerging, Oppenheimer Emerging, Oppenheimer Emerging, and Goldman Sachs. The investment seeks total return with an emphasis on high current income, but also considering capital appreciation. MFS Emerging is traded on NASDAQ Stock Exchange in USA.

Current 7 Currency Recommendations

Competition Technical Indicators

Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
 0.42  0.08  0.01 (2.17)  0.44  0.0102 (0.52)  1.09 (0.73)  2.92 
 0.38  0.09  0.03 (3.18)  0.33  0.0324 (0.46)  0.87 (0.65)  2.41 
 0.36  0.07 (0.01)  7.33  0.24 (0.0052) (0.43)  0.60 (0.60)  2.08 
 0.37  0.10  0.07  3.01  0.21  0.07 (0.45)  0.78 (0.63)  2.24 
 0.45  0.11  0.05  5.21  0.49  0.06 (0.55)  1.21 (0.63)  3.52 
 0.37  0.11  0.06  10.61  0.33  0.07 (0.44)  0.79 (0.61)  2.13 
 0.34  0.00  0.06  0.00  0.19  0.06 (0.42)  0.71 (0.66)  2.42 
 0.33  0.09  0.04  78.95  0.08  0.0384 (0.42)  0.72 (0.59)  1.76 
 0.43  0.10  0.05  6.68  0.29  0.05 (0.56)  1.09 (0.85)  2.38 
 0.46  0.05 (0.02)  0.95  0.73 (0.0274) (0.48)  1.06 (1.39)  3.06 

About Contributor

Ellen Johnson
   Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
This story should be regarded as informational only and should not be considered as solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Macroaxis. Please refer to our Terms of Use for any information regarding our disclosure principles.

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