ISharesGlobal 100 (Australia) Market Value
| IOO Etf | 162.36 1.11 0.69% |
| Symbol | ISharesGlobal |
ISharesGlobal 100 '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 ISharesGlobal 100'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 ISharesGlobal 100.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in ISharesGlobal 100 on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding iSharesGlobal 100 or generate 0.0% return on investment in ISharesGlobal 100 over 720 days. ISharesGlobal 100 is related to or competes with BetaShares Geared, VanEck Vectors, Vanguard Total, and VanEck Morningstar. ISharesGlobal 100 is entity of Australia More
ISharesGlobal 100 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 ISharesGlobal 100'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 iSharesGlobal 100 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7516 | |||
| Information Ratio | 0.2497 | |||
| Maximum Drawdown | 3.3 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 1.28 |
ISharesGlobal 100 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ISharesGlobal 100's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ISharesGlobal 100's standard deviation. In reality, there are many statistical measures that can use ISharesGlobal 100 historical prices to predict the future ISharesGlobal 100's volatility.| Risk Adjusted Performance | 0.2297 | |||
| Jensen Alpha | 0.1951 | |||
| Total Risk Alpha | 0.1803 | |||
| Sortino Ratio | 0.2373 | |||
| Treynor Ratio | 1.63 |
iSharesGlobal 100 Backtested Returns
ISharesGlobal 100 appears to be very steady, given 3 months investment horizon. iSharesGlobal 100 holds Efficiency (Sharpe) Ratio of 0.28, which attests that the entity had a 0.28% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iSharesGlobal 100, which you can use to evaluate the volatility of the entity. Please utilize ISharesGlobal 100's Market Risk Adjusted Performance of 1.64, risk adjusted performance of 0.2297, and Downside Deviation of 0.7516 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ISharesGlobal 100's returns are expected to increase less than the market. However, during the bear market, the loss of holding ISharesGlobal 100 is expected to be smaller as well.
Auto-correlation | 0.90 |
Excellent predictability
iSharesGlobal 100 has excellent predictability. Overlapping area represents the amount of predictability between ISharesGlobal 100 time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th 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 iSharesGlobal 100 price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current ISharesGlobal 100 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 102.87 |
iSharesGlobal 100 lagged returns against current returns
Autocorrelation, which is ISharesGlobal 100 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 ISharesGlobal 100's etf expected returns. We can calculate the autocorrelation of ISharesGlobal 100 returns to help us make a trade decision. For example, suppose you find that ISharesGlobal 100 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 |
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ISharesGlobal 100 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 ISharesGlobal 100 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ISharesGlobal 100 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ISharesGlobal 100 etf over time.
Current vs Lagged Prices |
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ISharesGlobal 100 Lagged Returns
When evaluating ISharesGlobal 100's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ISharesGlobal 100 etf have on its future price. ISharesGlobal 100 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, ISharesGlobal 100 autocorrelation shows the relationship between ISharesGlobal 100 etf current value and its past values and can show if there is a momentum factor associated with investing in iSharesGlobal 100.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in ISharesGlobal Etf
ISharesGlobal 100 financial ratios help investors to determine whether ISharesGlobal 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 ISharesGlobal with respect to the benefits of owning ISharesGlobal 100 security.