IShares SPASX (Australia) Performance
| ISO Etf | 4.84 0.07 1.47% |
The etf retains a Market Volatility (i.e., Beta) of 0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares SPASX's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares SPASX is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in iShares SPASX Small are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, IShares SPASX is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Akamai Technologies Receives Company-wide ISO 14001 Attestation Demonstrating High Standards for Environmental Management Systems - Yahoo Finance | 09/23/2024 |
2 | IsoEnergy Announces Filing and Mailing of the Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Acquisition ... | 11/06/2024 |
IShares |
IShares SPASX Relative Risk vs. Return Landscape
If you would invest 463.00 in iShares SPASX Small on August 26, 2024 and sell it today you would earn a total of 21.00 from holding iShares SPASX Small or generate 4.54% return on investment over 90 days. iShares SPASX Small is generating 0.0707% of daily returns assuming 0.8415% volatility of returns over the 90 days investment horizon. Simply put, 7% of all etfs have less volatile historical return distribution than IShares SPASX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IShares SPASX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares SPASX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares SPASX Small, and traders can use it to determine the average amount a IShares SPASX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.084
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | ISO | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average IShares SPASX is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares SPASX by adding it to a well-diversified portfolio.
IShares SPASX Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares SPASX, and IShares SPASX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
About IShares SPASX Performance
Assessing IShares SPASX's fundamental ratios provides investors with valuable insights into IShares SPASX's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IShares SPASX is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
IShares SPASX is entity of Australia. It is traded as Etf on AU exchange.| Latest headline from news.google.com: IsoEnergy Announces Filing and Mailing of the Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Acquisition of Anfield - Yahoo Canada Finance | |
| The fund generated three year return of -4.0% |
Other Information on Investing in IShares Etf
IShares SPASX 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 SPASX security.