Ishares Canadian Universe Etf Buy Hold or Sell Recommendation
| XBB Etf | CAD 27.84 0.14 0.50% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding iShares Canadian Universe is 'Sell'. The recommendation algorithm takes into account all of IShares Canadian's available fundamental, technical, and predictive indicators you will find on this site.
Check out IShares Canadian 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 IShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards iShares Canadian Universe. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
IShares |
Execute IShares Canadian Buy or Sell Advice
The IShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on iShares Canadian Universe. Macroaxis does not own or have any residual interests in iShares Canadian Universe or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IShares Canadian's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
IShares Canadian Trading Alerts and Improvement Suggestions
| IShares Canadian generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| iShares Canadian Universe keeps about 96.86% of its net assets in bonds |
IShares Canadian Returns Distribution Density
The distribution of IShares Canadian's historical returns is an attempt to chart the uncertainty of IShares Canadian's future price movements. The chart of the probability distribution of IShares Canadian daily returns describes the distribution of returns around its average expected value. We use iShares Canadian Universe price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IShares Canadian returns is essential to provide solid investment advice for IShares Canadian.
| Mean Return | -0.02 | Value At Risk | -0.53 | Potential Upside | 0.46 | Standard Deviation | 0.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IShares Canadian 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.
IShares Canadian 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 IShares Canadian or iShares 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 IShares Canadian's 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 IShares 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 | -0.03 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.41 |
IShares Canadian Volatility Alert
iShares Canadian Universe exhibits very low volatility with skewness of -0.07 and kurtosis of -0.52. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IShares Canadian's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact IShares Canadian's 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.IShares Canadian Fundamentals Vs Peers
Comparing IShares Canadian's 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 IShares Canadian's direct or indirect competition across all of the common fundamentals between IShares Canadian and the related equities. This way, we can detect undervalued stocks with similar characteristics as IShares Canadian or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of IShares Canadian's fundamental indicators could also be used in its relative valuation, which is a method of valuing IShares Canadian by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IShares Canadian to competition |
| Fundamentals | IShares Canadian | Peer Average |
| Price To Earning | 18.80 X | 3.15 X |
| Beta | 1.05 | |
| One Year Return | 7.70 % | (0.97) % |
| Three Year Return | (0.30) % | 3.23 % |
| Five Year Return | 0.20 % | 1.12 % |
| Ten Year Return | 1.80 % | 1.20 % |
| Net Asset | 4.69 B | 2.29 B |
| Last Dividend Paid | 0.074 | 0.14 |
| Bond Positions Weight | 96.86 % | 8.16 % |
IShares Canadian Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IShares . 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 IShares Canadian Buy or Sell Advice
When is the right time to buy or sell iShares Canadian Universe? Buying financial instruments such as IShares 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 IShares Canadian 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.Did You Try This Idea?
Run Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 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 Banks - Regional Theme or any other thematic opportunities.
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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.