IShares Canadian Financials
| XBB Etf | CAD 27.90 0.06 0.22% |
3 y Sharp Ratio (0.47) |
IShares |
The data published in IShares Canadian's official financial statements typically reflect IShares Canadian's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IShares Canadian's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Canadian's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
IShares Canadian Etf Summary
IShares Canadian competes with IShares Canadian, IShares MSCI, IShares Core, IShares Canadian, and IShares Core. The investment seeks to provide income by replicating the performance of the FTSE TMX Canada Universe Bond Index, net of expenses. ISHARES CORE is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA46430T1093 |
| Region | Others |
| Investment Issuer | Others |
| Business Address | Toronto, ON MJ |
| Etf Family | iShares |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 486 4874 |
| Currency | CAD - Canadian Dollar |
You should never invest in IShares Canadian without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of IShares Etf, because this is throwing your money away. Analyzing the key information contained in IShares Canadian's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
IShares Canadian Key Financial Ratios
IShares Canadian's financial ratios allow both analysts and investors to convert raw data from IShares Canadian's financial statements into concise, actionable information that can be used to evaluate the performance of IShares Canadian over time and compare it to other companies across industries.IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Canadian's current stock value. Our valuation model uses many indicators to compare IShares Canadian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Canadian competition to find correlations between indicators driving IShares Canadian's intrinsic value. More Info.iShares Canadian Universe is rated first in price to earning as compared to similar ETFs. It is rated first in beta as compared to similar ETFs totaling about 0.06 of Beta per Price To Earning. The ratio of Price To Earning to Beta for iShares Canadian Universe is roughly 17.90 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares Canadian's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.iShares Canadian Universe Systematic Risk
IShares Canadian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Canadian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on iShares Canadian Universe correlated with the market. If Beta is less than 0 IShares Canadian generally moves in the opposite direction as compared to the market. If IShares Canadian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Canadian Universe is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Canadian is generally in the same direction as the market. If Beta > 1 IShares Canadian moves generally in the same direction as, but more than the movement of the benchmark.
IShares Canadian Thematic Clasifications
iShares Canadian Universe is part of Investor Favorites investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Equities most commonly found in portfolios of money managers. Macroaxis most traded equities with largest long positions over the last 2 years
This theme covers Equities most commonly found in portfolios of money managers. Macroaxis most traded equities with largest long positions over the last 2 years. Get More Thematic Ideas
| Investor Favorites | View |
IShares Canadian November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Canadian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Canadian Universe. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Canadian Universe based on widely used predictive technical indicators. In general, we focus on analyzing IShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IShares Canadian's daily price indicators and compare them against related drivers.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.25 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.463 |
Other Information on Investing in IShares Etf
IShares Canadian financial ratios help investors to determine whether IShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IShares with respect to the benefits of owning IShares Canadian security.