Ishares Core Msci Etf Market Value

XEC Etf  CAD 30.02  0.48  1.57%   
IShares Core's market value is the price at which a share of IShares Core trades on a public exchange. It measures the collective expectations of iShares Core MSCI investors about its performance. IShares Core is selling at 30.02 as of the 11th of December 2024; that is 1.57 percent decrease since the beginning of the trading day. The etf's open price was 30.5.
With this module, you can estimate the performance of a buy and hold strategy of iShares Core MSCI and determine expected loss or profit from investing in IShares Core over a given investment horizon. Check out IShares Core Correlation, IShares Core Volatility and IShares Core Alpha and Beta module to complement your research on IShares Core.
Symbol

Please note, there is a significant difference between IShares Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Core'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 Core '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 Core'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 Core.
0.00
07/20/2023
No Change 0.00  0.0 
In 1 year 4 months and 25 days
12/11/2024
0.00
If you would invest  0.00  in IShares Core on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding iShares Core MSCI or generate 0.0% return on investment in IShares Core over 510 days. IShares Core is related to or competes with IShares Core, IShares Core, Vanguard Total, Vanguard FTSE, and IShares Core. The investment seeks to replicate, net of expenses, the performance of the MSCI Emerging Markets Investable Market Index More

IShares Core 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 Core'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 Core MSCI upside and downside potential and time the market with a certain degree of confidence.

IShares Core Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Core's standard deviation. In reality, there are many statistical measures that can use IShares Core historical prices to predict the future IShares Core's volatility.
Hype
Prediction
LowEstimatedHigh
29.0630.0230.98
Details
Intrinsic
Valuation
LowRealHigh
28.9729.9330.89
Details
Naive
Forecast
LowNextHigh
29.6730.6331.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.7029.5030.30
Details

iShares Core MSCI Backtested Returns

As of now, IShares Etf is very steady. iShares Core MSCI holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for iShares Core MSCI, which you can use to evaluate the volatility of the entity. Please check out IShares Core's Risk Adjusted Performance of 0.0954, downside deviation of 0.9071, and Market Risk Adjusted Performance of 1.18 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. The etf retains a Market Volatility (i.e., Beta) of 0.0958, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Core is expected to be smaller as well.

Auto-correlation

    
  0.35  

Below average predictability

iShares Core MSCI has below average predictability. Overlapping area represents the amount of predictability between IShares Core time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 Core MSCI price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current IShares Core price fluctuation can be explain by its past prices.
Correlation Coefficient0.35
Spearman Rank Test0.4
Residual Average0.0
Price Variance1.11

iShares Core MSCI lagged returns against current returns

Autocorrelation, which is IShares Core 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 Core's etf expected returns. We can calculate the autocorrelation of IShares Core returns to help us make a trade decision. For example, suppose you find that IShares Core 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 Core 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 Core etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Core etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Core etf over time.
   Current vs Lagged Prices   
       Timeline  

IShares Core Lagged Returns

When evaluating IShares Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Core etf have on its future price. IShares Core 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 Core autocorrelation shows the relationship between IShares Core etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Core MSCI.
   Regressed Prices   
       Timeline  

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

  0.97VEE Vanguard FTSE EmergingPairCorr
  0.99ZEM BMO MSCI EmergingPairCorr
  1.0XEM iShares MSCI EmergingPairCorr
  0.91ZLE BMO Low VolatilityPairCorr

Moving against IShares Etf

  0.49TCLB TD Canadian LongPairCorr
  0.31ZAG BMO Aggregate BondPairCorr
  0.31XBB iShares Canadian UniversePairCorr
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 MSCI 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 MSCI 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.
Pair CorrelationCorrelation Matching
When determining whether iShares Core MSCI is a strong investment it is important to analyze IShares Core's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Core's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:
Check out IShares Core Correlation, IShares Core Volatility and IShares Core Alpha and Beta module to complement your research on IShares Core.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
IShares Core technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of IShares Core technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IShares Core trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...