iShares Global Healthcare ETF Technical Analysis
| IXJ ETF | USD 92.55 -0.31 -0.33% |
As of the 7th of May, IShares Global trades at 92.55 per share. Key technical indicators include Standard Deviation of 0.9725, market risk adjusted performance of -0.14, and Risk Adjusted Performance of -0.1. The technical model evaluates historical price movement, trading volume, and volatility patterns to quantify trend strength. Current values are evaluated relative to sector peers and historical ranges.
IShares Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IShares Global, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IShares GlobalIShares Global |
IShares Global's market price and NAV each provide useful but distinct information about the fund. These perspectives help frame the broad analytical context for the fund.
IShares Global NAV depends on underlying asset values, while price depends on secondary market activity. Fund-level metrics such as tracking difference and expense ratio add depth to the analysis.
What-If Analysis
Backtesting a what-if scenario on iShares Global Healthcare shows how the etf may have behaved if the position had been entered, held, or resized under different historical assumptions. Enterprise value (TTM) is near 3.06 billion and annual revenue is around 43.28 million. The point is not to predict the future from one chart, but to understand how sensitive the trade has been to timing and holding assumptions.
| 02/06/2026 |
| 05/07/2026 |
Opening a 0.00 position in IShares Global on February 6, 2026 and holding to today would realize 0.00 in total gains. The outcome is a 0.0% total return in IShares Global in total over the 90 day interval. Comparable ETF peers for IShares Global include IShares MSCI, IShares Healthcare, IShares Infrastructure, IShares Global, IShares Russell, Global X, and IShares MSCI. The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in ... More
IShares Global Momentum Range Indicators Snapshot
Upside and downside measures for IShares Global frame directional pressure and range behavior. The indicators distinguish between mean-reverting behavior and sustained directional moves.
| Information Ratio | -0.12 | |||
| Maximum Drawdown | 4.14 | |||
| Value At Risk | -1.51 | |||
| Potential Upside | 1.84 |
IShares Global Volatility and Risk Indicators Summary
These indicators track IShares Global's volatility and return range dynamics. Risk metrics across 30-day, 90-day, and annual windows reveal whether volatility is expanding or contracting.| Risk Adjusted Performance | -0.1 | |||
| Jensen Alpha | -0.12 | |||
| Total Risk Alpha | -0.12 | |||
| Treynor Ratio | -0.15 |
Experienced market participants anticipate that IShares Global's price will even out over time. Periods when IShares Global's deviates significantly from its historical mean may warrant further fundamental analysis.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.1 | |||
| Market Risk Adjusted Performance | -0.14 | |||
| Mean Deviation | 0.7404 | |||
| Coefficient Of Variation | -986.12 | |||
| Standard Deviation | 0.9725 | |||
| Variance | 0.9457 | |||
| Information Ratio | -0.12 | |||
| Jensen Alpha | -0.12 | |||
| Total Risk Alpha | -0.12 | |||
| Treynor Ratio | -0.15 | |||
| Maximum Drawdown | 4.14 | |||
| Value At Risk | -1.51 | |||
| Potential Upside | 1.84 | |||
| Skewness | 0.441 | |||
| Kurtosis | 0.2772 |
iShares Global Healthcare Backtested Returns
IShares Global appears to exhibit a very low volatility profile over the selected 3 months investment horizon. It exhibits a Sharpe Ratio of -0.13, capturing return dispersion relative to standard deviation. Algorithmic screening detected twenty-one volatility-sensitive metrics. Please review metrics such as standard deviation of 0.9725, market risk-adjusted performance of -0.14, and risk-adjusted performance of -0.1 to confirm whether our risk estimates align with your expectations. The ETF holds a Beta (Market Risk) of 0.71, which implies generally lower market sensitivity than the broad market. As returns on the market increase, IShares Global's returns tend to increase less than the market. However, during a bear market, the loss from holding IShares Global tends to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
iShares Global Healthcare exhibits average predictability. Autocorrelation measures the degree of predictability between IShares Global time series from 6th of February 2026 to 23rd of March 2026 and from 23rd of March 2026 to 7th of May 2026. Persistent correlation between intervals suggests underlying momentum patterns in IShares Global that may carry forward. The measured coefficient of 0.42 means just about 42.0% of IShares Global's recent price variance traces back to prior period behavior.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.08 |
The model reviews IShares Global using price movement and volume trends. Key inputs include moving averages and strength indicators.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of iShares Global Healthcare volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of IShares Global evaluates traded price structure, volume, and spread stability relative to NAV behavior. Trend persistence provides context for directional stability. Certain defensive traits may reduce sensitivity to broader macroeconomic fluctuations.
iShares Global Healthcare inputs come from fund disclosures and market reference feeds and are mapped into a consistent reporting framework.
Editorial review and methodology oversight provided by: Michael Smolkin, Member of Macroaxis Board of Directors
Technical Indicators
Technical analysis of iShares Global Healthcare is useful because it frames whether the current trend still looks durable or is beginning to weaken. This is informative when the goal is to compare trend quality, momentum, and mean-reversion risk before acting.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.1 | |||
| Market Risk Adjusted Performance | -0.14 | |||
| Mean Deviation | 0.7404 | |||
| Coefficient Of Variation | -986.12 | |||
| Standard Deviation | 0.9725 | |||
| Variance | 0.9457 | |||
| Information Ratio | -0.12 | |||
| Jensen Alpha | -0.12 | |||
| Total Risk Alpha | -0.12 | |||
| Treynor Ratio | -0.15 | |||
| Maximum Drawdown | 4.14 | |||
| Value At Risk | -1.51 | |||
| Potential Upside | 1.84 | |||
| Skewness | 0.441 | |||
| Kurtosis | 0.2772 |
iShares Global Healthcare One Year Return
IShares Global reports One Year Return of 7.6%, placing it 25.21% above the iShares family average and 68.74% above the Health category average. The one year return for all United States etfs sits notably below IShares Global's figure.
Although One Year Fund Return reflects overall fund short-term performance, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.May 7, 2026 Daily Trend Indicators
Technical analysis of iShares Global Healthcare is useful because it frames whether the current trend still looks durable or is beginning to weaken. This is informative when the goal is to compare trend quality, momentum, and mean-reversion risk before acting.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 92.55 | ||
| Day Typical Price | 92.55 | ||
| Price Action Indicator | -0.16 |
More Resources for IShares Global ETF Analysis
IShares Global's market price and NAV each provide useful but distinct information about the fund. These perspectives help frame the broad analytical context for the fund.
IShares Global NAV depends on underlying asset values, while price depends on secondary market activity. Fund-level metrics such as tracking difference and expense ratio add depth to the analysis.