Ishares Edge Msci Etf Shares Outstanding
| XMS Etf | CAD 39.28 0.06 0.15% |
iShares Edge MSCI fundamentals help investors to digest information that contributes to IShares Edge'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 Edge'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 Edge etf.
IShares |
iShares Edge MSCI ETF Shares Outstanding Analysis
IShares Edge's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, iShares Edge MSCI has 0.0 of shares currently outstending. This indicator is about the same for the iShares average (which is currently at 0.0) family and about the same as US Equity (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
Did you try this?
Run Portfolio Center Now
Portfolio CenterAll portfolio management and optimization tools to improve performance of your portfolios |
| All Next | Launch Module |
Fund Asset Allocation for IShares Edge
The fund consists of 96.09% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides IShares Edge'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 | 0.79 | |||
| Total Asset | 45.13 M | |||
| One Year Return | 25.60 % | |||
| Three Year Return | 7.30 % | |||
| Five Year Return | 7.90 % | |||
| Net Asset | 45.13 M | |||
| Last Dividend Paid | 0.12 | |||
| Equity Positions Weight | 96.09 % |
About IShares Edge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Edge MSCI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Edge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Edge MSCI 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 Edge
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 Edge 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 Edge will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.77 | XSP | iShares Core SP | PairCorr |
| 0.75 | ZSP | BMO SP 500 | PairCorr |
| 0.75 | VFV | Vanguard SP 500 | PairCorr |
| 0.75 | HXS | Global X SP | PairCorr |
| 0.75 | XUS | iShares Core SP | PairCorr |
The ability to find closely correlated positions to IShares Edge 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 Edge 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 Edge - 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 Edge MSCI to buy it.
The correlation of IShares Edge 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 Edge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Edge MSCI 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 Edge 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares Edge MSCI. 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. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.