Ishares India Index Etf Price To Sales
| XID Etf | CAD 56.82 0.06 0.11% |
iShares India Index fundamentals help investors to digest information that contributes to IShares India's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares India's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares India etf.
IShares |
iShares India Index ETF Price To Sales Analysis
IShares India's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, iShares India Index has a Price To Sales of 0.0 times. This is 100.0% lower than that of the iShares family and about the same as Geographic Equity (which currently averages 0.0) category. The price to sales for all Canada etfs is 100.0% higher than that of the company.
IShares Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares India's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares India could also be used in its relative valuation, which is a method of valuing IShares India by comparing valuation metrics of similar companies.IShares India is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for IShares India
The fund invests 99.01% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides IShares India's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
IShares Fundamentals
| Beta | 0.44 | |||
| Total Asset | 69.52 M | |||
| One Year Return | 18.00 % | |||
| Three Year Return | 7.80 % | |||
| Five Year Return | 10.30 % | |||
| Ten Year Return | 8.70 % | |||
| Net Asset | 69.52 M | |||
| Last Dividend Paid | 0.11 | |||
| Holdings Turnover | 24.22 % | |||
| Equity Positions Weight | 99.01 % |
About IShares India Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares India Index's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares India using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares India Index based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with IShares India
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 India 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 India will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
Moving against IShares Etf
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The ability to find closely correlated positions to IShares India 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 India 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 India - 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 India Index to buy it.
The correlation of IShares India 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 India moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares India Index 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 India 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.Other Information on Investing in IShares Etf
IShares India 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 India security.