ARCA:FXS

Stock Analysis Report

Invesco CurrencyShares Swedish Krona Trust

Executive Summary

Invesco CurrencyShares Swedish Krona Trust is an exchange traded fund launched and managed by Invesco Specialized Products, LLC.


Snowflake Analysis

Share Price & News

How has Invesco CurrencyShares Swedish Krona Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FXS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.08%

FXS

2.4%

US Capital Markets

2.0%

US Market


1 Year Return

-6.7%

FXS

19.0%

US Capital Markets

23.6%

US Market

Return vs Industry: FXS underperformed the US Capital Markets industry which returned 21.7% over the past year.

Return vs Market: FXS underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

FXSIndustryMarket
7 Day-0.08%2.4%2.0%
30 Day-1.1%3.8%3.9%
90 Day1.0%15.0%12.0%
1 Year-6.7%-6.7%21.4%19.0%26.2%23.6%
3 Year-11.1%-11.1%48.9%40.5%53.2%43.3%
5 Year-19.1%-19.1%96.0%77.8%75.7%56.3%

Price Volatility Vs. Market

How volatile is Invesco CurrencyShares Swedish Krona Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Invesco CurrencyShares Swedish Krona Trust undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Invesco CurrencyShares Swedish Krona Trust is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Invesco CurrencyShares Swedish Krona Trust has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Invesco CurrencyShares Swedish Krona Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Invesco CurrencyShares Swedish Krona Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Invesco CurrencyShares Swedish Krona Trust performed over the past 5 years?

17.7%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Invesco CurrencyShares Swedish Krona Trust has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Invesco CurrencyShares Swedish Krona Trust's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Invesco CurrencyShares Swedish Krona Trust's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Invesco CurrencyShares Swedish Krona Trust has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Invesco CurrencyShares Swedish Krona Trust's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate FXS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FXS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FXS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FXS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FXS's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

What is the CEO of Invesco CurrencyShares Swedish Krona Trust's salary, the management and board of directors tenure and is there insider trading?

14.3yrs

Average board tenure


CEO

Nick Bonos (56yo)

10.7yrs

Tenure

0

Mr. Nikolaos Bonos, also known as Nick, was the Chief Executive Officer of Guggenheim Specialized Products, LLC since May 2009 and Director since September 2005. Mr. Bonos also served as the Senior Vice Pr ...


Board Age and Tenure

14.3yrs

Average Tenure

53yo

Average Age

Experienced Board: FXS's board of directors are seasoned and experienced ( 14.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Nick Bonos (56yo)

    CEO of Guggenheim Specialized Products LLC and Director of Guggenheim Specialized Products LLC

    • Tenure: 10.7yrs
  • Joe Arruda (53yo)

    CFO - Guggenheim Specialized Products LLC and Director of Guggenheim Specialized Products LLC

    • Tenure: 10.5yrs

Board Members

  • Mike Byrum (49yo)

    Director of Guggenheim Specialized Products LLC

    • Tenure: 14.3yrs
  • Nick Bonos (56yo)

    CEO of Guggenheim Specialized Products LLC and Director of Guggenheim Specialized Products LLC

    • Tenure: 10.7yrs
  • Joe Arruda (53yo)

    CFO - Guggenheim Specialized Products LLC and Director of Guggenheim Specialized Products LLC

    • Tenure: 10.5yrs

Company Information

Invesco CurrencyShares Swedish Krona Trust's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Invesco CurrencyShares Swedish Krona Trust
  • 805 King Farm Boulevard
  • Suite 600
  • Rockville
  • Maryland
  • 20850
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FXS *BMV (Bolsa Mexicana de Valores)SWEDISH KRONA SHS ETFMXMXNNo data
FXSARCA (NYSE Arca)YesSWEDISH KRONAUSUSDJun 2006
FXS *BMV (Bolsa Mexicana de Valores)YesSWEDISH KRONAMXMXNJun 2006

Biography

Invesco CurrencyShares Swedish Krona Trust is an exchange traded fund launched and managed by Invesco Specialized Products, LLC. The fund invests in the currency markets. It invests in Swedish Krona relative to the U.S. dollar. The fund seeks to track the closing spot price of the Swedish Krona in USD as determined by WM Company. It was formerly known as CurrencyShares Swedish Krona Trust. Invesco CurrencyShares Swedish Krona Trust was formed on June 8, 2006 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/18 23:56
End of Day Share Price2020/01/17 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.