IShares II (Netherlands) Market Value
| DHYD Etf | USD 4.57 0.01 0.22% |
| Symbol | IShares |
IShares II '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 II's 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 II.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in IShares II on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding iShares II plc or generate 0.0% return on investment in IShares II over 360 days. IShares II is related to or competes with IShares III, IShares Core, IShares France, IShares Core, and IShares STOXX. The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capit... More
IShares II 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 II's 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 II plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2986 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.4396 |
IShares II Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares II's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares II's standard deviation. In reality, there are many statistical measures that can use IShares II historical prices to predict the future IShares II's volatility.| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | 0.0037 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | 0.166 |
iShares II plc Backtested Returns
Currently, iShares II plc is very steady. iShares II plc holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares II plc, which you can use to evaluate the volatility of the entity. Please check out IShares II's Downside Deviation of 0.2986, market risk adjusted performance of 0.176, and Risk Adjusted Performance of 0.0502 to validate if the risk estimate we provide is consistent with the expected return of 0.0271%. The etf retains a Market Volatility (i.e., Beta) of 0.0827, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares II's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares II is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
iShares II plc has good predictability. Overlapping area represents the amount of predictability between IShares II time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 II plc price movement. The serial correlation of 0.71 indicates that around 71.0% of current IShares II price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
iShares II plc lagged returns against current returns
Autocorrelation, which is IShares II 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 II's etf expected returns. We can calculate the autocorrelation of IShares II returns to help us make a trade decision. For example, suppose you find that IShares II 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 II 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 II etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares II etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares II etf over time.
Current vs Lagged Prices |
| Timeline |
IShares II Lagged Returns
When evaluating IShares II's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares II etf have on its future price. IShares II 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 II autocorrelation shows the relationship between IShares II etf current value and its past values and can show if there is a momentum factor associated with investing in iShares II plc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in IShares Etf
IShares II 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 II security.