Ishares North American Etf Performance
| IGE Etf | USD 48.01 0.20 0.42% |
The etf retains a Market Volatility (i.e., Beta) of 0.76, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares North's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares North is expected to be smaller as well.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in iShares North American are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather sluggish technical and fundamental indicators, IShares North may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| In Threey Sharp Ratio | 0.55 |
IShares |
IShares North Relative Risk vs. Return Landscape
If you would invest 4,487 in iShares North American on August 26, 2024 and sell it today you would earn a total of 314.00 from holding iShares North American or generate 7.0% return on investment over 90 days. iShares North American is generating 0.1088% of daily returns assuming volatility of 0.9792% on return distribution over 90 days investment horizon. In other words, 8% of etfs are less volatile than IShares, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IShares North Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares North's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares North American, and traders can use it to determine the average amount a IShares North'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 = 0.1112
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | IGE | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average IShares North is performing at about 8% of its full potential. 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 North by adding it to a well-diversified portfolio.
IShares North Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares North, and IShares North 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 | 3.35 X | |||
| Price To Book | 1.72 X | |||
| Price To Sales | 1.50 X | |||
| Earnings Per Share | (13.07) X | |||
| Total Asset | 763.77 M | |||
About IShares North Performance
By analyzing IShares North's fundamental ratios, stakeholders can gain valuable insights into IShares North's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IShares North has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IShares North has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents. Natural Resources is traded on BATS Exchange in the United States.| Latest headline from news.google.com: China Will Weigh Heavily on the Allure of Copper - ETF Trends | |
| The fund retains 99.76% 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 North American. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of iShares North American 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 North's value that differs from its market value or its book value, called intrinsic value, which is IShares North'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 North's market value can be influenced by many factors that don't directly affect IShares North'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 North's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares North'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.