IShares Govt (Switzerland) Market Value
| IBGX Etf | CHF 150.86 0.08 0.05% |
| Symbol | IShares |
IShares Govt '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 Govt'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 Govt.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in IShares Govt on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Govt Bond or generate 0.0% return on investment in IShares Govt over 30 days. IShares Govt is related to or competes with IShares Core, IShares Core, and Lyxor UCITS. The fund is an exchange traded fund that aims to track the performance of the Barclays Euro Government Bond 5 Year Term ... More
IShares Govt 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 Govt'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 Govt Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.51 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.35 |
IShares Govt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Govt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Govt's standard deviation. In reality, there are many statistical measures that can use IShares Govt historical prices to predict the future IShares Govt's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 0.4935 |
iShares Govt Bond Backtested Returns
iShares Govt Bond holds Efficiency (Sharpe) Ratio of -0.014, which attests that the entity had a -0.014% return per unit of risk over the last 3 months. iShares Govt Bond exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Govt's Risk Adjusted Performance of (0.01), standard deviation of 0.7718, and Market Risk Adjusted Performance of 0.5035 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.036, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Govt are expected to decrease at a much lower rate. During the bear market, IShares Govt is likely to outperform the market.
Auto-correlation | -0.65 |
Very good reverse predictability
iShares Govt Bond has very good reverse predictability. Overlapping area represents the amount of predictability between IShares Govt time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Govt Bond price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current IShares Govt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
iShares Govt Bond lagged returns against current returns
Autocorrelation, which is IShares Govt 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 Govt's etf expected returns. We can calculate the autocorrelation of IShares Govt returns to help us make a trade decision. For example, suppose you find that IShares Govt 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 Govt 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 Govt etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Govt etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Govt etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Govt Lagged Returns
When evaluating IShares Govt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Govt etf have on its future price. IShares Govt 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 Govt autocorrelation shows the relationship between IShares Govt etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Govt Bond.
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 Govt 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 Govt security.