IShares Equal Three Year Return vs. Beta
| CEW Etf | CAD 21.06 0.02 0.09% |
For IShares Equal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares Equal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares Equal Weight utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares Equal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares Equal Weight over time as well as its relative position and ranking within its peers.
IShares |
iShares Equal Weight Beta vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IShares Equal's current stock value. Our valuation model uses many indicators to compare IShares Equal value to that of its competitors to determine the firm's financial worth. iShares Equal Weight is the top ETF in three year return as compared to similar ETFs. It also is the top ETF in beta as compared to similar ETFs totaling about 0.08 of Beta per Three Year Return. The ratio of Three Year Return to Beta for iShares Equal Weight is roughly 13.16 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares Equal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares Equal's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.IShares Beta vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
IShares Equal |
| = | 12.90 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
IShares Equal |
| = | 0.98 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
IShares Beta Comparison
IShares Equal is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
IShares Equal returns are very sensitive to returns on the market. As the market goes up or down, IShares Equal is expected to follow.
IShares Equal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IShares Equal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares Equal will eventually generate negative long term returns. The profitability progress is the general direction of IShares Equal's change in net profit over the period of time. It can combine multiple indicators of IShares Equal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The investment seeks to provide investors with a diversified equal weighted investment in a portfolio consisting of common shares of the largest Canadian banks and life insurance companies. ISHARES EQUAL is traded on Toronto Stock Exchange in Canada.
IShares Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IShares Equal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of IShares Equal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the IShares Equal's important profitability drivers and their relationship over time.
Use IShares Equal in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares Equal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares Equal will appreciate offsetting losses from the drop in the long position's value.IShares Equal Pair Trading
iShares Equal Weight Pair Trading Analysis
The ability to find closely correlated positions to IShares Equal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Equal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Equal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Equal Weight to buy it.
The correlation of IShares Equal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Equal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Equal Weight moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares Equal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your IShares Equal position
In addition to having IShares Equal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Processed Foods Theme or any other thematic opportunities.
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Other Information on Investing in IShares Etf
To fully project IShares Equal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of iShares Equal Weight at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include IShares Equal's income statement, its balance sheet, and the statement of cash flows.