Ishares Core Sp Etf Current Valuation
| XUU Etf | CAD 63.00 0.55 0.88% |
Valuation analysis of iShares Core SP helps investors to measure IShares Core's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Undervalued
Today
Please note that IShares Core's price fluctuation is very steady at this time. Calculation of the real value of iShares Core SP is based on 3 months time horizon. Increasing IShares Core's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since IShares Core is currently traded on the exchange, buyers and sellers on that exchange determine the market value of IShares Etf. However, IShares Core's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 63.0 | Real 67.91 | Hype 63.0 | Naive 62.17 |
The intrinsic value of IShares Core's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence IShares Core's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of iShares Core SP helps investors to forecast how IShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of IShares Core more accurately as focusing exclusively on IShares Core's fundamentals will not take into account other important factors: iShares Core SP ETF Current Valuation Analysis
IShares Core's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, iShares Core SP has a Current Valuation of 0.0. This indicator is about the same for the iShares average (which is currently at 0.0) family and about the same as US Equity (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
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Fund Asset Allocation for IShares Core
The fund invests 99.77% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides IShares Core's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
IShares Fundamentals
| Price To Earning | 19.67 X | |||
| Price To Book | 2.58 X | |||
| Price To Sales | 1.71 X | |||
| Beta | 1.0 | |||
| Total Asset | 998.81 M | |||
| One Year Return | 35.60 % | |||
| Three Year Return | 13.70 % | |||
| Five Year Return | 15.80 % | |||
| Net Asset | 998.81 M | |||
| Last Dividend Paid | 0.12 | |||
| Equity Positions Weight | 99.77 % |
About IShares Core Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Core SP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Core using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Core SP based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with IShares Core
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 Core 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 Core will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.96 | XSP | iShares Core SP | PairCorr |
| 1.0 | ZSP | BMO SP 500 | PairCorr |
| 1.0 | VFV | Vanguard SP 500 | PairCorr |
| 1.0 | HXS | Global X SP | PairCorr |
| 1.0 | XUS | iShares Core SP | PairCorr |
The ability to find closely correlated positions to IShares Core 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 Core 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 Core - 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 Core SP to buy it.
The correlation of IShares Core 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 Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Core SP 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 Core 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares Core SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..