FXCH Market Cap History Table | ||||
Also see: FXCH Shares Outstanding History and FXCH YTD Return |
FXCH Market Cap History Table | ||||
Also see: FXCH Shares Outstanding History and FXCH YTD Return |
FXCH Market Cap History Chart | |||
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FXCH Stock Price Chart |
About Invesco CurrencyShares Chinese Renminbi Trust |
Invesco CurrencyShares® Chinese Renminbi Trust is a grantor trust. The Trust issues shares in blocks of 50,000 (a Basket) in exchange for deposits of Chinese Renminbi and distributes Chinese Renminbi in connection with the redemption of Baskets. The investment objective of the Trust is for the shares to reflect the price in United States Dollars of the Chinese Renminbi plus accrued interest, if any, less the expenses of the Trust's operations. We show 1 historical shares outstanding datapoints in our FXCH shares outstanding history coverage, used to compute FXCH market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing FXCH market cap history over the course of time is important for investors interested in comparing FXCH's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of FXCH versus a peer is one thing; comparing FXCH market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like FXCH can fluctuate over the course of history. With this page we aim to empower investors researching FXCH by allowing them to research the FXCH market cap history. |
FXCH Current Stock Quote |
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Video: The Importance of Market Cap | |
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FXCH Share Performance |
Market Cap Peers |
Invesco CurrencyShares Chinese Renminbi Trust (FXCH) is categorized under the Financials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
FXD Market Cap History |
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