IShares China Beta vs. Net Asset

XCH Etf  CAD 21.03  0.24  1.13%   
Based on the key profitability measurements obtained from IShares China's financial statements, iShares China 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 China's ability to earn profits and add value for shareholders.
For IShares China profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IShares China to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iShares China utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IShares China's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iShares China over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between IShares China's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares China'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 China Net Asset vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining IShares China's current stock value. Our valuation model uses many indicators to compare IShares China value to that of its competitors to determine the firm's financial worth.
iShares China is rated first in beta as compared to similar ETFs. It is rated first in net asset as compared to similar ETFs making up about  44,358,491  of Net Asset per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares China by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares China'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 Net Asset 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 China

Beta

 = 

Covariance

Variance

 = 
1.06
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.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

IShares China

Net Asset

 = 

Current Market Value

-

Current Liabilities

 = 
47.02 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

IShares Net Asset Comparison

IShares China is currently under evaluation in net asset as compared to similar ETFs.

Beta Analysis

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

IShares China Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in IShares China, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IShares China will eventually generate negative long term returns. The profitability progress is the general direction of IShares China's change in net profit over the period of time. It can combine multiple indicators of IShares China, 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.
The investment seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the FTSE China 50 Index, net of expenses. ISHARES CHINA 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 China. 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 China 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 China's important profitability drivers and their relationship over time.

Use IShares China 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 China 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 China will appreciate offsetting losses from the drop in the long position's value.

IShares China Pair Trading

iShares China Pair Trading Analysis

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

In addition to having IShares China 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 Office Supplies Thematic Idea Now

Office Supplies
Office Supplies Theme
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 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 Office Supplies Theme or any other thematic opportunities.
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Other Information on Investing in IShares Etf

To fully project IShares China's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of iShares China 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 China's income statement, its balance sheet, and the statement of cash flows.
Potential IShares China investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although IShares China investors may work on each financial statement separately, they are all related. The changes in IShares China's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares China'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.