IShares International Financial Statements From 2010 to 2024
| IGRO Etf | USD 70.52 0.43 0.61% |
Check IShares International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares International's main balance sheet or income statement drivers, such as , as well as many indicators such as . IShares financial statements analysis is a perfect complement when working with IShares International Valuation or Volatility modules.
IShares |
iShares International Dividend ETF Beta Analysis
IShares International's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current IShares International Beta | 0.92 |
Most of IShares International's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares International Dividend is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, iShares International Dividend has a Beta of 0.92. This is much higher than that of the iShares family and significantly higher than that of the Foreign Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
About IShares International Financial Statements
IShares International investors utilize fundamental indicators, such as revenue or net income, to predict how IShares Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The fund seeks to track the investment results of the index, which is a dividend dollars weighted index that seeks to measure the performance of international equities selected based on a consistent history of growing dividends. Intl Dividend is traded on BATS Exchange in the United States.
Pair Trading with IShares International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares International will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.94 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.93 | IEFA | iShares Core MSCI | PairCorr |
| 0.96 | VEU | Vanguard FTSE All | PairCorr |
| 0.93 | EFA | iShares MSCI EAFE | PairCorr |
| 0.96 | IXUS | iShares Core MSCI | PairCorr |
Moving against IShares Etf
| 0.76 | FNTC | Direxion | PairCorr |
| 0.55 | PXMV | Invesco SP MidCap | PairCorr |
| 0.52 | IGA | Voya Global Advantage | PairCorr |
| 0.46 | MAGS | Roundhill Magnificent | PairCorr |
The ability to find closely correlated positions to IShares International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares International Dividend to buy it.
The correlation of IShares International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of IShares International Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of iShares International is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares International's value that differs from its market value or its book value, called intrinsic value, which is IShares International's 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 IShares International's market value can be influenced by many factors that don't directly affect IShares International's 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 IShares International's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares International's 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.