IShares Dow (Netherlands) Market Value
| IGSG Etf | EUR 70.85 0.24 0.34% |
| Symbol | IShares |
IShares Dow '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 Dow'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 Dow.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in IShares Dow on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Dow Jones or generate 0.0% return on investment in IShares Dow over 180 days. IShares Dow is related to or competes with IShares III, IShares Core, IShares France, IShares Core, and IShares STOXX. The fund is an exchange traded fund that aims to track the performance of the Dow Jones Sustainability World ISHARES DJ is traded on Amsterdam Stock Exchange in Netherlands. More
IShares Dow 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 Dow'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 Dow Jones upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6739 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 3.24 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.2 |
IShares Dow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Dow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Dow's standard deviation. In reality, there are many statistical measures that can use IShares Dow historical prices to predict the future IShares Dow's volatility.| Risk Adjusted Performance | 0.0883 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1083 |
iShares Dow Jones Backtested Returns
Currently, iShares Dow Jones is very steady. iShares Dow Jones holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Dow Jones, which you can use to evaluate the volatility of the entity. Please check out IShares Dow's Risk Adjusted Performance of 0.0883, market risk adjusted performance of 0.1183, and Downside Deviation of 0.6739 to validate if the risk estimate we provide is consistent with the expected return of 0.0788%. The etf retains a Market Volatility (i.e., Beta) of 0.64, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Dow's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Dow is expected to be smaller as well.
Auto-correlation | 0.16 |
Very weak predictability
iShares Dow Jones has very weak predictability. Overlapping area represents the amount of predictability between IShares Dow time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 Dow Jones price movement. The serial correlation of 0.16 indicates that over 16.0% of current IShares Dow price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 2.4 |
iShares Dow Jones lagged returns against current returns
Autocorrelation, which is IShares Dow 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 Dow's etf expected returns. We can calculate the autocorrelation of IShares Dow returns to help us make a trade decision. For example, suppose you find that IShares Dow 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 Dow 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 Dow etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Dow etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Dow etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Dow Lagged Returns
When evaluating IShares Dow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Dow etf have on its future price. IShares Dow 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 Dow autocorrelation shows the relationship between IShares Dow etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Dow Jones.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Information and Resources on Investing in IShares Etf
When determining whether iShares Dow Jones offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Dow's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Dow Jones Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Dow Jones Etf:Check out IShares Dow Correlation, IShares Dow Volatility and IShares Dow Alpha and Beta module to complement your research on IShares Dow. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
IShares Dow technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.