IShares BRIC (Netherlands) Market Value
| BRIC Etf | EUR 19.41 0.03 0.15% |
| Symbol | IShares |
IShares BRIC 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares BRIC's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares BRIC.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in IShares BRIC on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding iShares BRIC 50 or generate 0.0% return on investment in IShares BRIC over 30 days. IShares BRIC is related to or competes with SPDR Dow, IShares Core, Vanguard FTSE, IShares China, IShares Core, IShares MSCI, and IShares MSCI. The fund is an exchange traded fund that aims to track the performance of the FTSE BRIC 50 as closely as possible More
IShares BRIC Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares BRIC's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares BRIC 50 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0778 | |||
| Maximum Drawdown | 13.36 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 5.32 |
IShares BRIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares BRIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares BRIC's standard deviation. In reality, there are many statistical measures that can use IShares BRIC historical prices to predict the future IShares BRIC's volatility.| Risk Adjusted Performance | 0.0792 | |||
| Jensen Alpha | 0.1983 | |||
| Total Risk Alpha | 0.1374 | |||
| Sortino Ratio | 0.077 | |||
| Treynor Ratio | 1.15 |
iShares BRIC 50 Backtested Returns
Currently, iShares BRIC 50 is not too volatile. iShares BRIC 50 holds Efficiency (Sharpe) Ratio of 0.0775, which attests that the entity had a 0.0775% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares BRIC 50, which you can use to evaluate the volatility of the entity. Please check out IShares BRIC's Risk Adjusted Performance of 0.0792, downside deviation of 2.34, and Market Risk Adjusted Performance of 1.16 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. The etf retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares BRIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares BRIC is expected to be smaller as well.
Auto-correlation | -0.03 |
Very weak reverse predictability
iShares BRIC 50 has very weak reverse predictability. Overlapping area represents the amount of predictability between IShares BRIC time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares BRIC 50 price movement. The serial correlation of -0.03 indicates that only 3.0% of current IShares BRIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
iShares BRIC 50 lagged returns against current returns
Autocorrelation, which is IShares BRIC etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares BRIC's etf expected returns. We can calculate the autocorrelation of IShares BRIC returns to help us make a trade decision. For example, suppose you find that IShares BRIC has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IShares BRIC regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares BRIC etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares BRIC etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares BRIC etf over time.
Current vs Lagged Prices |
| Timeline |
IShares BRIC Lagged Returns
When evaluating IShares BRIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares BRIC etf have on its future price. IShares BRIC autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares BRIC autocorrelation shows the relationship between IShares BRIC etf current value and its past values and can show if there is a momentum factor associated with investing in iShares BRIC 50.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in IShares Etf
IShares BRIC financial ratios help investors to determine whether IShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IShares with respect to the benefits of owning IShares BRIC security.