IShares ESG Beta vs. Three Year Return

GBAL Etf  CAD 52.56  0.07  0.13%   
Considering the key profitability indicators obtained from IShares ESG's historical financial statements, iShares ESG Balanced may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess IShares ESG's ability to earn profits and add value for shareholders.
For IShares ESG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares ESG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares ESG Balanced utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares ESG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares ESG Balanced over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between IShares ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares ESG'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 ESG Balanced Three Year Return vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining IShares ESG's current stock value. Our valuation model uses many indicators to compare IShares ESG value to that of its competitors to determine the firm's financial worth.
iShares ESG Balanced is rated # 2 ETF in beta as compared to similar ETFs. It is one of the top ETFs in three year return as compared to similar ETFs reporting about  6.25  of Three Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares ESG by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares ESG's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

IShares Three Year Return vs. Beta

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

IShares ESG

Beta

 = 

Covariance

Variance

 = 
1.12
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

IShares ESG

Three Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
7.00 %
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.

IShares Three Year Return Comparison

IShares ESG is currently under evaluation in three year return as compared to similar ETFs.

Beta Analysis

IShares ESG returns are very sensitive to returns on the market. As the market goes up or down, IShares ESG is expected to follow.

IShares ESG Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in IShares ESG, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares ESG will eventually generate negative long term returns. The profitability progress is the general direction of IShares ESG's change in net profit over the period of time. It can combine multiple indicators of IShares ESG, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
ISHARES ESG is traded on Toronto Stock Exchange in Canada.

IShares Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on IShares ESG. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of IShares ESG position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the IShares ESG's important profitability drivers and their relationship over time.

Use IShares ESG in pair-trading

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 ESG 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 ESG will appreciate offsetting losses from the drop in the long position's value.

IShares ESG Pair Trading

iShares ESG Balanced Pair Trading Analysis

The ability to find closely correlated positions to IShares ESG 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 ESG 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 ESG - 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 ESG Balanced to buy it.
The correlation of IShares ESG 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 ESG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares ESG Balanced 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 ESG 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

Use Investing Themes to Complement your IShares ESG position

In addition to having IShares ESG in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Small Blend Funds Thematic Idea Now

Small Blend Funds
Small Blend Funds Theme
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Blend Funds Theme or any other thematic opportunities.
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Other Information on Investing in IShares Etf

To fully project IShares ESG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of iShares ESG Balanced at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include IShares ESG's income statement, its balance sheet, and the statement of cash flows.
Potential IShares ESG investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although IShares ESG investors may work on each financial statement separately, they are all related. The changes in IShares ESG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares ESG's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.