Ishares Convertible Bond Etf Performance
| CVD Etf | CAD 17.37 0.08 0.46% |
The etf retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Convertible is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in iShares Convertible Bond are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, IShares Convertible is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.08 |
IShares |
IShares Convertible Relative Risk vs. Return Landscape
If you would invest 1,703 in iShares Convertible Bond on September 4, 2024 and sell it today you would earn a total of 42.00 from holding iShares Convertible Bond or generate 2.47% return on investment over 90 days. iShares Convertible Bond is generating 0.0392% of daily returns assuming 0.4744% volatility of returns over the 90 days investment horizon. Simply put, 4% of all etfs have less volatile historical return distribution than IShares Convertible, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IShares Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Convertible's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Convertible Bond, and traders can use it to determine the average amount a IShares Convertible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0826
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CVD |
Estimated Market Risk
| 0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average IShares Convertible is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Convertible by adding it to a well-diversified portfolio.
IShares Convertible Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Convertible, and IShares Convertible fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Total Asset | 114.82 M | |||
About IShares Convertible Performance
By examining IShares Convertible's fundamental ratios, stakeholders can obtain critical insights into IShares Convertible's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that IShares Convertible is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The investment seeks to replicate, net of expenses, the FTSE TMX Canada Convertible Bondindex. ISHARES CONVERTIBLE is traded on Toronto Stock Exchange in Canada.| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares Convertible Bond. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.