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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. Citigroup Global Mar at this time have 3.68M in net assets. , while the total return for the last year was -17.17%. Citigroup Global Mar shows prevailing Real Value of $24.93 per share. The current price of the entity is $25.15. At this time the entity appears to be fairly valued. Macroaxis approximates value of Citigroup Global Mar from analyzing the entity fundamentals such as Net Asset of 3.68M and Gross Profit of 8.48B 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. VanEck Vectors ChinaAMC currently have 4.58M in assets under management (AUM). , while the total return for the last 3 years was 1.57%. VanEck Vectors ChinaAMC has current Real Value of $24.42 per share. The regular price of the etf is $22.34. At this time the etf appears to be undervalued. Macroaxis measures value of VanEck Vectors ChinaAMC from inspecting the etf fundamentals such as Last Dividend Paid of 0.0712 and Number of Employees of 335 as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

WisdomTree Asia Local Debt ETF (ALD)

WisdomTree Asia Local Debt ETF (ALD) is traded on Archipelago Exchange in USA and employs 175 people. WisdomTree Asia Local prevalent Real Value cannot be determined due to lack of data. The last-minute price of WisdomTree Asia Local is $44.39. Based on Macroaxis valuation methodology, the wisdomtree asia local debt fund cannot be evaluated at this time. Macroaxis calculates value of WisdomTree Asia Local from examining the wisdomtree asia local debt fund fundamentals such as Net Asset of 17.8M, Total Asset of 17.8M and Number of Employees of 175 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. PowerShares DB US at this time have 33.05M in net assets. , while the total return for the last 3 years was -2.67%. PowerShares DB US holds recent Real Value of $20.63 per share. The prevailing price of the etf is $20.62. At this time the etf appears to be fairly valued. Macroaxis determines value of PowerShares DB US from analyzing the etf fundamentals such as Last Dividend Paid of 0.265, Three Year Return of (2.67)% and Number of Employees of 4 as well as examining its technical indicators and Probability Of Bankruptcy. In general, we support investing in undervalued entities and to dispose of overvalued entities since at some point stocks prices and their ongoing real values will merge together.

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. First Trust Emerging currently have 95.5M in assets under management (AUM). , while the total return for the last 3 years was 1.5%. First Trust Emerging shows prevailing Real Value of $38.04 per share. The current price of the entity is $38.19. At this time the entity appears to be fairly valued. Macroaxis computes value of First Trust Emerging from reviewing the entity fundamentals such as One Year Return of (3.98)%, Last Dividend Paid of 0.18 and Bond Positions Weight of 42.03% 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 competes with iShares JP, KraneShares, VanEck Vectors, Vanguard Total, Vanguard Short, Vanguard Interm, iShares iBonds, iShares Edge, and HP. The investment seeks maximum total return and current income. First Trust is traded on NASDAQ General Markets in USA.

Goldman Sachs Local Emerg Mkts Dbt Instl (GIMDX)

Goldman Sachs Local Emerg Mkts Dbt Instl [GIMDX] is traded in USA and was established June 20, 2019. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of Goldman Sachs family. Goldman Sachs Local currently has accumulated 186.08M 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 competes with GMO International, Metropolitan West, JPMorgan SmartRetirement, JPMorgan Intrepid, Russell Inv, Invesco Growth, Invesco Core, Invesco LongShort, and BlackRock International. The investment seeks a high level of total return consisting of income and capital appreciation. Goldman Sachs is traded on NASDAQ Stock Exchange in USA.

MFS Emerging Markets Debt Lcl Ccy R2 (EMLKX)

MFS Emerging Markets Debt Lcl Ccy R2 [EMLKX] is traded in USA and was established June 20, 2019. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of MFS family. MFS Emerging Markets currently has accumulated 315.34M 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 last-minute Real Value cannot be determined due to lack of data. The latest price of MFS Emerging Markets is $0.0. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. 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 Markets last-minute Real Value cannot be determined due to lack of data. The latest price of MFS Emerging Markets is $0.0. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. 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.

Current 7 Currency Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
UEUR
Not Available
Not Available
DEUR
Not Available
Not Available
FXCH
Not Available
Not Available
DAUD
Not Available
Not Available
CNY
Not Available
Not Available
KCNY
Not Available
Not Available

Competition Technical Indicators

Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
 0.63 (0.09)  0.00 (0.28)  0.00 (0.11)  0.00  1.17 (1.15)  2.61 
 0.13  0.05  0.27 (4.83)  0.00  0.30 (0.18)  0.30 (0.20)  0.79 
 0.48  0.00  0.01  0.00  0.67  0.0057 (0.47)  0.87 (0.98)  2.76 
 0.66 (0.08)  0.00 (0.24)  0.00 (0.08)  0.00  1.06 (1.62)  3.74 
 0.73 (0.05)  0.00 (0.18)  0.00 (0.05)  0.00  1.41 (1.88)  4.72 
 0.44 (0.02)  0.00 (0.07)  0.00 (0.028)  0.00  0.80 (0.94)  2.49 
 0.14  0.04  0.18 (1.45)  0.00  0.21 (0.21)  0.28 (0.19)  0.85 
 0.54 (0.04)  0.00 (0.13)  0.00 (0.05)  0.00  1.14 (1.11)  2.81 
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
 0.74 (0.08)  0.00 (0.22)  0.00 (0.08)  0.00  1.29 (1.90)  4.15 

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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