Ishares 1 10yr Laddered Etf Market Value
| CBH Etf | CAD 17.88 0.11 0.62% |
| Symbol | IShares |
IShares 1 '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 1'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 1.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in IShares 1 on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding iShares 1 10Yr Laddered or generate 0.0% return on investment in IShares 1 over 540 days. IShares 1 is related to or competes with Global X, Brompton Flaherty, CIBC Core, IShares Canadian, PHN Multi, Altagas Cum, and EcoSynthetix. The investment seeks to replicate, net of expenses, the FTSE TMX Canada 1-10 Year Laddered Corporate Bond Index More
IShares 1 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 1'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 1 10Yr Laddered upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2187 | |||
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.08 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.3964 |
IShares 1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares 1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares 1's standard deviation. In reality, there are many statistical measures that can use IShares 1 historical prices to predict the future IShares 1's volatility.| Risk Adjusted Performance | 0.0456 | |||
| Jensen Alpha | 0.0051 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.48) | |||
| Treynor Ratio | 0.2351 |
iShares 1 10Yr Backtested Returns
As of now, IShares Etf is very steady. iShares 1 10Yr holds Efficiency (Sharpe) Ratio of 0.0996, which attests that the entity had a 0.0996% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for iShares 1 10Yr, which you can use to evaluate the volatility of the entity. Please check out IShares 1's Market Risk Adjusted Performance of 0.2451, risk adjusted performance of 0.0456, and Downside Deviation of 0.2187 to validate if the risk estimate we provide is consistent with the expected return of 0.0212%. The etf retains a Market Volatility (i.e., Beta) of 0.0424, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares 1's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares 1 is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
iShares 1 10Yr Laddered has very good predictability. Overlapping area represents the amount of predictability between IShares 1 time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 1 10Yr price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current IShares 1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
iShares 1 10Yr lagged returns against current returns
Autocorrelation, which is IShares 1 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 1's etf expected returns. We can calculate the autocorrelation of IShares 1 returns to help us make a trade decision. For example, suppose you find that IShares 1 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 1 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 1 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares 1 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares 1 etf over time.
Current vs Lagged Prices |
| Timeline |
IShares 1 Lagged Returns
When evaluating IShares 1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares 1 etf have on its future price. IShares 1 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 1 autocorrelation shows the relationship between IShares 1 etf current value and its past values and can show if there is a momentum factor associated with investing in iShares 1 10Yr Laddered.
Regressed Prices |
| Timeline |
Pair Trading with IShares 1
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 1 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 1 will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.89 | XCB | iShares Core Canadian | PairCorr |
| 0.94 | ZCM | BMO Mid Corporate | PairCorr |
| 0.8 | HAB | Global X Active | PairCorr |
| 0.75 | NSCC | NBI Sustainable Canadian | PairCorr |
The ability to find closely correlated positions to IShares 1 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 1 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 1 - 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 1 10Yr Laddered to buy it.
The correlation of IShares 1 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 1 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares 1 10Yr 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 1 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.Other Information on Investing in IShares Etf
IShares 1 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 1 security.