IShares Emerging (Switzerland) Market Value
| IGEA Etf | CHF 77.00 0.31 0.40% |
| Symbol | IShares |
IShares Emerging '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 Emerging'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 Emerging.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in IShares Emerging on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Emerging Asia or generate 0.0% return on investment in IShares Emerging over 30 days. IShares Emerging 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 Emerging Markets Asia Local Curre... More
IShares Emerging 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 Emerging'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 Emerging Asia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4057 | |||
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 1.73 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.7057 |
IShares Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Emerging's standard deviation. In reality, there are many statistical measures that can use IShares Emerging historical prices to predict the future IShares Emerging's volatility.| Risk Adjusted Performance | 0.0988 | |||
| Jensen Alpha | 0.0285 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | 0.7421 |
iShares Emerging Asia Backtested Returns
At this stage we consider IShares Etf to be very steady. iShares Emerging Asia holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for iShares Emerging Asia, which you can use to evaluate the volatility of the entity. Please check out IShares Emerging's Coefficient Of Variation of 667.11, market risk adjusted performance of 0.7521, and Risk Adjusted Performance of 0.0988 to validate if the risk estimate we provide is consistent with the expected return of 0.045%. The etf retains a Market Volatility (i.e., Beta) of 0.0463, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Emerging is expected to be smaller as well.
Auto-correlation | 0.94 |
Excellent predictability
iShares Emerging Asia has excellent predictability. Overlapping area represents the amount of predictability between IShares Emerging 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 Emerging Asia price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current IShares Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
iShares Emerging Asia lagged returns against current returns
Autocorrelation, which is IShares Emerging 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 Emerging's etf expected returns. We can calculate the autocorrelation of IShares Emerging returns to help us make a trade decision. For example, suppose you find that IShares Emerging 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 Emerging 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 Emerging etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Emerging etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Emerging etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Emerging Lagged Returns
When evaluating IShares Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Emerging etf have on its future price. IShares Emerging 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 Emerging autocorrelation shows the relationship between IShares Emerging etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Emerging Asia.
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 Emerging 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 Emerging security.