IShares MSCI Skewness
| ECNS ETF | | | USD 33.80 0.05 0.15% |
Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average. Below is IShares MSCI's current Skewness with peer comparisons and related risk metrics.
Current Skewness Value
IShares MSCI registers a Skewness of
-1.07, reflecting strong negative skew — the return distribution has a substantially heavier left tail. IShares MSCI's returns show large downside outliers that are more extreme than any upside moves.
Skewness Peers Comparison
The peer group averages -0.21 for Skewness, with IShares MSCI at -1.0749 falling below that level. Readings span -0.5974 (First Trust Nasdaq) to 0.2473 (First Trust Multi). IShares MSCI's negative skew relative to peers indicates a higher frequency of large downside moves.
Skewness Relative To Other Indicators
The chart below plots Skewness against Maximum Drawdown for IShares MSCI and its peers. Each point represents one equity — position along the horizontal axis shows Skewness while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Compare IShares MSCI to PeersMethodology, Assumptions & Data Sources
IShares MSCI's Skewness currently stands at -1.07. The Skewness for IShares MSCI applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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