Ishares Global Materials Etf Performance
| MXI Etf | USD 85.95 0.27 0.32% |
The etf retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Global is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days iShares Global Materials has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, IShares Global is not utilizing all of its potentials. The new stock price confusion, may contribute to short-horizon losses for the traders. ...more
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| In Threey Sharp Ratio | 0.08 |
IShares |
IShares Global Relative Risk vs. Return Landscape
If you would invest 8,853 in iShares Global Materials on August 24, 2024 and sell it today you would lose (285.00) from holding iShares Global Materials or give up 3.22% of portfolio value over 90 days. iShares Global Materials is generating negative expected returns assuming volatility of 1.0192% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than IShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IShares Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Global Materials, and traders can use it to determine the average amount a IShares Global'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 = -0.0451
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| Negative Returns | MXI |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Global is not performing at its full potential. However, 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 Global by adding IShares Global to a well-diversified portfolio.
IShares Global Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Global, and IShares Global 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.
| Price To Earning | 20.03 X | |||
| Price To Book | 1.87 X | |||
| Price To Sales | 1.14 X | |||
| Total Asset | 261.17 M | |||
About IShares Global Performance
By evaluating IShares Global's fundamental ratios, stakeholders can gain valuable insights into IShares Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IShares Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IShares Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The index measures the performance of companies that SPDJI deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. Global Materials is traded on NYSEARCA Exchange in the United States.| IShares Global generated a negative expected return over the last 90 days | |
| Latest headline from finance.yahoo.com: ASX Penny Stocks Spotlight Berkeley Energia Leads A Trio Of Picks | |
| The fund maintains 99.26% of its assets in stocks |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Materials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of iShares Global Materials is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global'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 IShares Global's market value can be influenced by many factors that don't directly affect IShares Global'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 IShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global'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.