Invesco Currencyshares Australian Etf Buy Hold or Sell Recommendation

FXA Etf  USD 62.94  0.05  0.08%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Invesco CurrencyShares Australian is 'Sell'. Macroaxis provides Invesco CurrencyShares buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FXA positions.
  
Check out Invesco CurrencyShares Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual funds such as Invesco and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Invesco CurrencyShares Australian. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.

Execute Invesco CurrencyShares Buy or Sell Advice

The Invesco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Invesco CurrencyShares Australian. Macroaxis does not own or have any residual interests in Invesco CurrencyShares Australian or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Invesco CurrencyShares' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Invesco CurrencySharesBuy Invesco CurrencyShares
Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Not AvailableDetails

Financial Leverage

Not RatedDetails
For the selected time horizon Invesco CurrencyShares Australian has a Mean Deviation of 0.4693, Standard Deviation of 0.5874 and Variance of 0.345
Macroaxis provides unbiased trade recommendations on Invesco CurrencyShares that should be used to complement current analysts and expert consensus on Invesco CurrencyShares. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. Please utilize Invesco CurrencyShares Australian number of employees, three year return, as well as the relationship between the Three Year Return and last dividend paid to make buy, hold, or sell decision on Invesco CurrencyShares.

Invesco CurrencyShares Trading Alerts and Improvement Suggestions

Invesco CurrencyShares generated a negative expected return over the last 90 days
Latest headline from talkmarkets.com: AUDUSD Forex Signal Bullish Bounce Off 0.6345
This fund generated-2.0 ten year return of -2.0%
Invesco CurrencyShares retains all of the assets under management (AUM) in different types of exotic instruments

Invesco CurrencyShares Returns Distribution Density

The distribution of Invesco CurrencyShares' historical returns is an attempt to chart the uncertainty of Invesco CurrencyShares' future price movements. The chart of the probability distribution of Invesco CurrencyShares daily returns describes the distribution of returns around its average expected value. We use Invesco CurrencyShares Australian price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Invesco CurrencyShares returns is essential to provide solid investment advice for Invesco CurrencyShares.
Mean Return
-0.08
Value At Risk
-0.91
Potential Upside
0.83
Standard Deviation
0.59
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Invesco CurrencyShares historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Invesco CurrencyShares Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Invesco CurrencyShares or Invesco sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Invesco CurrencyShares' price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Invesco etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.09
β
Beta against Dow Jones0.03
σ
Overall volatility
0.59
Ir
Information ratio -0.3

Invesco CurrencyShares Volatility Alert

Invesco CurrencyShares Australian exhibits very low volatility with skewness of 0.3 and kurtosis of 0.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Invesco CurrencyShares' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Invesco CurrencyShares' etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Invesco CurrencyShares Fundamentals Vs Peers

Comparing Invesco CurrencyShares' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Invesco CurrencyShares' direct or indirect competition across all of the common fundamentals between Invesco CurrencyShares and the related equities. This way, we can detect undervalued stocks with similar characteristics as Invesco CurrencyShares or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Invesco CurrencyShares' fundamental indicators could also be used in its relative valuation, which is a method of valuing Invesco CurrencyShares by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Invesco CurrencyShares to competition
FundamentalsInvesco CurrencySharesPeer Average
Beta17.77
One Year Return(3.20) %(0.97) %
Three Year Return(2.90) %3.23 %
Five Year Return(1.20) %1.12 %
Ten Year Return(1.90) %1.20 %
Net Asset82.73 M2.29 B
Last Dividend Paid0.140.14

Invesco CurrencyShares Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Invesco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Invesco CurrencyShares Buy or Sell Advice

When is the right time to buy or sell Invesco CurrencyShares Australian? Buying financial instruments such as Invesco Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Invesco CurrencyShares in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Insurance Providers
Insurance Providers Theme
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Providers Theme or any other thematic opportunities.
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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 Australian Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Currencyshares Australian Etf:
Check out Invesco CurrencyShares Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.