IShares Swiss (Switzerland) Market Value
| CHDVD Etf | CHF 161.62 0.44 0.27% |
| Symbol | IShares |
IShares Swiss 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares Swiss' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares Swiss.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in IShares Swiss on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Swiss Dividend or generate 0.0% return on investment in IShares Swiss over 30 days. IShares Swiss is related to or competes with IShares Core, IShares Core, and Lyxor UCITS. The Fund aims to achieve a return on your investment which reflects the return of the SPISelect Dividend 20 Index, the F... More
IShares Swiss Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares Swiss' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares Swiss Dividend upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 2.83 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.8315 |
IShares Swiss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Swiss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Swiss' standard deviation. In reality, there are many statistical measures that can use IShares Swiss historical prices to predict the future IShares Swiss' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Swiss' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
iShares Swiss Dividend Backtested Returns
iShares Swiss Dividend holds Efficiency (Sharpe) Ratio of -0.0751, which attests that the entity had a -0.0751% return per unit of risk over the last 3 months. iShares Swiss Dividend exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Swiss' Standard Deviation of 0.6398, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (0.68) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.0788, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Swiss' returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Swiss is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
iShares Swiss Dividend has poor reverse predictability. Overlapping area represents the amount of predictability between IShares Swiss time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares Swiss Dividend price movement. The serial correlation of -0.37 indicates that just about 37.0% of current IShares Swiss price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 1.88 |
iShares Swiss Dividend lagged returns against current returns
Autocorrelation, which is IShares Swiss etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares Swiss' etf expected returns. We can calculate the autocorrelation of IShares Swiss returns to help us make a trade decision. For example, suppose you find that IShares Swiss has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IShares Swiss regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares Swiss etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Swiss etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Swiss etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Swiss Lagged Returns
When evaluating IShares Swiss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Swiss etf have on its future price. IShares Swiss autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares Swiss autocorrelation shows the relationship between IShares Swiss etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Swiss Dividend.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in IShares Etf
IShares Swiss 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 Swiss security.