Ishares Core Canadian Etf Performance
| XLB Etf | CAD 19.70 0.06 0.31% |
The etf retains a Market Volatility (i.e., Beta) of 0.19, 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.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in iShares Core Canadian are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental drivers, IShares Core is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Noteworthy ETF Outflows XLY, LOW, BKNG, TJX - Nasdaq | 09/19/2024 |
2 | Short sellers boost bets against materials stocks amid demand uncertainty - Seeking Alpha | 11/13/2024 |
| In Threey Sharp Ratio | -0.45 |
IShares |
IShares Core Relative Risk vs. Return Landscape
If you would invest 1,947 in iShares Core Canadian on August 31, 2024 and sell it today you would earn a total of 23.00 from holding iShares Core Canadian or generate 1.18% return on investment over 90 days. iShares Core Canadian is generating 0.021% of daily returns assuming 0.6407% volatility of returns over the 90 days investment horizon. Simply put, 5% of all etfs have less volatile historical return distribution than IShares Core, 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 Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Core's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Core Canadian, and traders can use it to determine the average amount a IShares Core'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 = 0.0327
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XLB |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average IShares Core is performing at about 2% 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 Core by adding it to a well-diversified portfolio.
IShares Core Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Core, and IShares Core 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 | 735.4 M | |||
About IShares Core Performance
By examining IShares Core's fundamental ratios, stakeholders can obtain critical insights into IShares Core'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 Core 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 the performance, net of expenses, of the FTSE TMX Canada Long Term Overall Bond Index. ISHARES CORE is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Short sellers boost bets against materials stocks amid demand uncertainty - Seeking Alpha | |
| iShares Core Canadian generated five year return of -2.0% | |
| This fund keeps about 100.01% of its net assets in bonds |
Other Information on Investing in IShares Etf
IShares Core 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 Core security.