IShares Floating Three Year Return vs. Five Year Return

XFR Etf  CAD 20.06  0.01  0.05%   
Considering the key profitability indicators obtained from IShares Floating's historical financial statements, iShares Floating Rate may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess IShares Floating's ability to earn profits and add value for shareholders.
For IShares Floating profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares Floating to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares Floating Rate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares Floating's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares Floating Rate over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between IShares Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Floating'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.

iShares Floating Rate Five Year Return vs. Three Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining IShares Floating's current stock value. Our valuation model uses many indicators to compare IShares Floating value to that of its competitors to determine the firm's financial worth.
iShares Floating Rate is rated first in three year return as compared to similar ETFs. It is rated first in five year return as compared to similar ETFs reporting about  0.66  of Five Year Return per Three Year Return. The ratio of Three Year Return to Five Year Return for iShares Floating Rate is roughly  1.52 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares Floating by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares Floating'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 Five Year Return 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 Floating

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
3.80 %
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.
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 Floating

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
2.50 %
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.

IShares Five Year Return Comparison

IShares Floating is currently under evaluation in five year return as compared to similar ETFs.

IShares Floating Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in IShares Floating, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares Floating will eventually generate negative long term returns. The profitability progress is the general direction of IShares Floating's change in net profit over the period of time. It can combine multiple indicators of IShares Floating, 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 the performance, net of expenses, of the FTSE TMX Canada FRN Index. iSHARES FLOATING 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 Floating. 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 Floating 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 Floating's important profitability drivers and their relationship over time.

Use IShares Floating 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 Floating 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 Floating will appreciate offsetting losses from the drop in the long position's value.

IShares Floating Pair Trading

iShares Floating Rate Pair Trading Analysis

The ability to find closely correlated positions to IShares Floating 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 Floating 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 Floating - 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 Floating Rate to buy it.
The correlation of IShares Floating 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 Floating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Floating Rate 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 Floating 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your IShares Floating position

In addition to having IShares Floating 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.

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Run Healthcare Funds Thematic Idea Now

Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 39 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 Healthcare Funds Theme or any other thematic opportunities.
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When determining whether iShares Floating Rate is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Floating Rate Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Floating Rate Etf:
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You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
To fully project IShares Floating's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of iShares Floating Rate 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 Floating's income statement, its balance sheet, and the statement of cash flows.
Potential IShares Floating investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although IShares Floating investors may work on each financial statement separately, they are all related. The changes in IShares Floating's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares Floating's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.