Ishares Global Clean Etf Performance
| ICLN Etf | USD 12.12 0.10 0.83% |
The etf retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Global are expected to decrease at a much lower rate. During the bear market, IShares Global is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days iShares Global Clean has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Etf's essential indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the ETF investors. ...more
1 | The iShares Global Clean Energy ETF Right Theme, Wrong Instrument - Seeking Alpha | 10/08/2024 |
2 | OPEC Tapering Mechanisms Will Continue To Dictate s | 11/07/2024 |
3 | Missing in climate action COP29 summit underway in Azerbaijan | 11/12/2024 |
4 | Howe Rusling Inc. Sells 2,154 Shares of iShares Global Clean Energy ETF | 11/21/2024 |
| In Threey Sharp Ratio | -0.71 |
IShares |
IShares Global Relative Risk vs. Return Landscape
If you would invest 1,435 in iShares Global Clean on August 27, 2024 and sell it today you would lose (223.00) from holding iShares Global Clean or give up 15.54% of portfolio value over 90 days. iShares Global Clean is currently does not generate positive expected returns and assumes 1.4942% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of etfs are less volatile than IShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
IShares Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Global Clean, and traders can use it to determine the average amount a IShares Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1689
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| Negative Returns | ICLN |
Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Global by adding IShares Global to a well-diversified portfolio.
IShares Global Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Global, and IShares Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Price To Earning | 12.29 X | |||
| Price To Book | 0.97 X | |||
| Price To Sales | 0.72 X | |||
| Total Asset | 4.85 B | |||
About IShares Global Performance
By examining IShares Global's fundamental ratios, stakeholders can obtain critical insights into IShares Global's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that IShares Global is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The index is designed to track the performance of approximately 100 clean energy-related companies. Global Clean is traded on NASDAQ Exchange in the United States.| iShares Global Clean generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: Howe Rusling Inc. Sells 2,154 Shares of iShares Global Clean Energy ETF | |
| The fund created three year return of -19.0% | |
| iShares Global Clean retains 99.65% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Clean. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of iShares Global Clean 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 Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global'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 Global's market value can be influenced by many factors that don't directly affect IShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global'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.