IShares JP Five Year Return vs. Beta
| XEB Etf | CAD 16.15 0.03 0.19% |
For IShares JP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares JP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares JP Morgan utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares JP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares JP Morgan over time as well as its relative position and ranking within its peers.
IShares |
iShares JP Morgan Beta vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IShares JP's current stock value. Our valuation model uses many indicators to compare IShares JP value to that of its competitors to determine the firm's financial worth. iShares JP Morgan is rated first in five year return as compared to similar ETFs. It is rated first in beta as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares JP by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares JP'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. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
IShares JP |
| = | (1.10) % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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 JP |
| = | 1.27 |
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 JP is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IShares JP will likely underperform.
IShares JP Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IShares JP, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares JP will eventually generate negative long term returns. The profitability progress is the general direction of IShares JP's change in net profit over the period of time. It can combine multiple indicators of IShares JP, 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 replicate, net of expenses, the performance of the J.P. iSHARES JP 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 JP. 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 JP 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 JP's important profitability drivers and their relationship over time.
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| Bond Positions Weight vs Beta |
Use IShares JP 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 JP 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 JP will appreciate offsetting losses from the drop in the long position's value.IShares JP Pair Trading
iShares JP Morgan Pair Trading Analysis
The ability to find closely correlated positions to IShares JP 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 JP 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 JP - 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 JP Morgan to buy it.
The correlation of IShares JP 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 JP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares JP Morgan 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 JP 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 JP position
In addition to having IShares JP 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 Health Management Thematic Idea Now
Health Management
Major hospitals and healthcare providers. The Health Management theme has 40 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 Health Management Theme or any other thematic opportunities.
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To fully project IShares JP's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of iShares JP Morgan 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 JP's income statement, its balance sheet, and the statement of cash flows.