Flexshares International Quality Etf Market Value
| IQDF Etf | USD 24.51 0.14 0.57% |
| Symbol | FlexShares |
The market value of FlexShares International is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares International's value that differs from its market value or its book value, called intrinsic value, which is FlexShares International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FlexShares International's market value can be influenced by many factors that don't directly affect FlexShares International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FlexShares International's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
FlexShares International '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 FlexShares International'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 FlexShares International.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in FlexShares International on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding FlexShares International Quality or generate 0.0% return on investment in FlexShares International over 30 days. FlexShares International is related to or competes with FlexShares International, FlexShares International, FlexShares Quality, ALPS International, and FlexShares Quality. The index reflects the performance of a selection of companies that, in aggregate, possess greater financial strength an... More
FlexShares International 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 FlexShares International'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 FlexShares International Quality upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 5.05 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.72 |
FlexShares International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FlexShares International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FlexShares International's standard deviation. In reality, there are many statistical measures that can use FlexShares International historical prices to predict the future FlexShares International's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FlexShares International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FlexShares International Backtested Returns
FlexShares International secures Sharpe Ratio (or Efficiency) of -0.0741, which denotes the etf had a -0.0741% return per unit of risk over the last 3 months. FlexShares International Quality exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FlexShares International's Variance of 0.8781, standard deviation of 0.937, and Mean Deviation of 0.7034 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, FlexShares International's returns are expected to increase less than the market. However, during the bear market, the loss of holding FlexShares International is expected to be smaller as well.
Auto-correlation | -0.08 |
Very weak reverse predictability
FlexShares International Quality has very weak reverse predictability. Overlapping area represents the amount of predictability between FlexShares International time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 FlexShares International price movement. The serial correlation of -0.08 indicates that barely 8.0% of current FlexShares International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FlexShares International lagged returns against current returns
Autocorrelation, which is FlexShares International 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 FlexShares International's etf expected returns. We can calculate the autocorrelation of FlexShares International returns to help us make a trade decision. For example, suppose you find that FlexShares International 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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FlexShares International 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 FlexShares International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FlexShares International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FlexShares International etf over time.
Current vs Lagged Prices |
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FlexShares International Lagged Returns
When evaluating FlexShares International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FlexShares International etf have on its future price. FlexShares International 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, FlexShares International autocorrelation shows the relationship between FlexShares International etf current value and its past values and can show if there is a momentum factor associated with investing in FlexShares International Quality.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether FlexShares International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FlexShares International'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 Flexshares International Quality Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Flexshares International Quality Etf:Check out FlexShares International Correlation, FlexShares International Volatility and FlexShares International Alpha and Beta module to complement your research on FlexShares International. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
FlexShares International 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.