IShares Developed (Netherlands) Market Value
| IWDP Etf | EUR 23.49 0.17 0.73% |
| Symbol | IShares |
IShares Developed '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 Developed'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 Developed.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in IShares Developed on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Developed Markets or generate 0.0% return on investment in IShares Developed over 30 days. IShares Developed is related to or competes with Pershing Square, ASML Holding, and Koninklijke Philips. The investment objective of this Fund is to provide investors with a total return, taking into account both capital and ... More
IShares Developed 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 Developed'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 Developed Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5471 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 2.76 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.31 |
IShares Developed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Developed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Developed's standard deviation. In reality, there are many statistical measures that can use IShares Developed historical prices to predict the future IShares Developed's volatility.| Risk Adjusted Performance | 0.1133 | |||
| Jensen Alpha | 0.0672 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.587 |
iShares Developed Markets Backtested Returns
Currently, iShares Developed Markets is very steady. iShares Developed Markets holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Developed Markets, which you can use to evaluate the volatility of the entity. Please check out IShares Developed's Risk Adjusted Performance of 0.1133, downside deviation of 0.5471, and Market Risk Adjusted Performance of 0.597 to validate if the risk estimate we provide is consistent with the expected return of 0.0855%. The etf retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Developed's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Developed is expected to be smaller as well.
Auto-correlation | 0.85 |
Very good predictability
iShares Developed Markets has very good predictability. Overlapping area represents the amount of predictability between IShares Developed 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 Developed Markets price movement. The serial correlation of 0.85 indicates that around 85.0% of current IShares Developed price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
iShares Developed Markets lagged returns against current returns
Autocorrelation, which is IShares Developed 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 Developed's etf expected returns. We can calculate the autocorrelation of IShares Developed returns to help us make a trade decision. For example, suppose you find that IShares Developed 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 Developed 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 Developed etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Developed etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Developed etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Developed Lagged Returns
When evaluating IShares Developed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Developed etf have on its future price. IShares Developed 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 Developed autocorrelation shows the relationship between IShares Developed etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Developed Markets.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in IShares Etf
IShares Developed 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 Developed security.