IShares Equity (Germany) Market Value
| USEE Fund | 5.34 0.03 0.56% |
| Symbol | IShares |
IShares Equity '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 Equity's fund 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 Equity.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in IShares Equity on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding iShares Equity Enhanced or generate 0.0% return on investment in IShares Equity over 390 days.
IShares Equity 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 Equity's fund 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 Equity Enhanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7609 | |||
| Information Ratio | 0.1659 | |||
| Maximum Drawdown | 5.4 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 1.28 |
IShares Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Equity's standard deviation. In reality, there are many statistical measures that can use IShares Equity historical prices to predict the future IShares Equity's volatility.| Risk Adjusted Performance | 0.2225 | |||
| Jensen Alpha | 0.2336 | |||
| Total Risk Alpha | 0.1225 | |||
| Sortino Ratio | 0.1751 | |||
| Treynor Ratio | 16.91 |
iShares Equity Enhanced Backtested Returns
IShares Equity appears to be not too volatile, given 3 months investment horizon. iShares Equity Enhanced holds Efficiency (Sharpe) Ratio of 0.29, which attests that the entity had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for iShares Equity Enhanced, which you can use to evaluate the volatility of the entity. Please utilize IShares Equity's Market Risk Adjusted Performance of 16.92, risk adjusted performance of 0.2225, and Downside Deviation of 0.7609 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 0.0139, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Equity is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
iShares Equity Enhanced has no correlation between past and present. Overlapping area represents the amount of predictability between IShares Equity time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Equity Enhanced price movement. The serial correlation of 0.0 indicates that just 0.0% of current IShares Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
iShares Equity Enhanced lagged returns against current returns
Autocorrelation, which is IShares Equity fund'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 Equity's fund expected returns. We can calculate the autocorrelation of IShares Equity returns to help us make a trade decision. For example, suppose you find that IShares Equity has exhibited high autocorrelation historically, and you observe that the fund 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 Equity 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 Equity fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Equity fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Equity fund over time.
Current vs Lagged Prices |
| Timeline |
IShares Equity Lagged Returns
When evaluating IShares Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Equity fund have on its future price. IShares Equity 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 Equity autocorrelation shows the relationship between IShares Equity fund current value and its past values and can show if there is a momentum factor associated with investing in iShares Equity Enhanced.
Regressed Prices |
| Timeline |
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