Ishares Currency Hedged Etf Buy Hold or Sell Recommendation

HEWG Etf  USD 35.51  0.34  0.97%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding IShares Currency Hedged is 'Buy'. Macroaxis provides IShares Currency buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HEWG positions. The advice algorithm takes into account all of IShares Currency's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting IShares Currency's buy or sell advice are summarized below:
Real Value
35.69
Hype Value
35.51
Market Value
35.51
Naive Value
35.52
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell IShares Currency Hedged given historical horizon and risk tolerance towards IShares Currency. When Macroaxis issues a 'buy' or 'sell' recommendation for IShares Currency Hedged, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out IShares Currency Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as IShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards IShares Currency Hedged. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

Execute IShares Currency Buy or Sell Advice

The IShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on IShares Currency Hedged. Macroaxis does not own or have any residual interests in IShares Currency Hedged or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IShares Currency's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell IShares CurrencyBuy IShares Currency
Buy

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon IShares Currency Hedged has a Risk Adjusted Performance of 0.1293, Jensen Alpha of 0.043, Total Risk Alpha of (0.01), Sortino Ratio of 0.0304 and Treynor Ratio of 0.1783
IShares Currency Hedged investment recommendation module can be used to check and cross-verify current trade recommendations provided by analysts evaluating the entity's potential to grow using all of fundamental, technical, data market data available at the time. Use IShares Currency number of employees, three year return, as well as the relationship between the Three Year Return and last dividend paid to ensure your buy or sell decision on IShares Currency Hedged is adequate.

IShares Currency Trading Alerts and Improvement Suggestions

The fund retains 98.81% of its assets under management (AUM) in equities

IShares Currency Returns Distribution Density

The distribution of IShares Currency's historical returns is an attempt to chart the uncertainty of IShares Currency's future price movements. The chart of the probability distribution of IShares Currency daily returns describes the distribution of returns around its average expected value. We use IShares Currency Hedged price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IShares Currency returns is essential to provide solid investment advice for IShares Currency.
Mean Return
0.15
Value At Risk
-0.87
Potential Upside
1.22
Standard Deviation
0.66
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IShares Currency historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

IShares Currency Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IShares Currency or iShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IShares Currency's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.04
β
Beta against NYSE Composite0.80
σ
Overall volatility
0.68
Ir
Information ratio 0.03

IShares Currency Volatility Alert

IShares Currency Hedged exhibits very low volatility with skewness of -0.02 and kurtosis of -0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IShares Currency's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact IShares Currency's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

IShares Currency Fundamentals Vs Peers

Comparing IShares Currency's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze IShares Currency's direct or indirect competition across all of the common fundamentals between IShares Currency and the related equities. This way, we can detect undervalued stocks with similar characteristics as IShares Currency or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of IShares Currency's fundamental indicators could also be used in its relative valuation, which is a method of valuing IShares Currency by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare IShares Currency to competition
FundamentalsIShares CurrencyPeer Average
Price To Earning14.30 X3.15 X
Price To Book1.51 X0.39 X
Price To Sales0.75 X0.33 X
Beta0.99
One Year Return22.20 %(0.97) %
Three Year Return6.80 %3.23 %
Five Year Return9.40 %1.12 %
Ten Year Return7.10 %1.20 %
Net Asset37.27 M2.29 B
Last Dividend Paid0.350.14
Equity Positions Weight98.81 %52.82 %

IShares Currency Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About IShares Currency Buy or Sell Advice

When is the right time to buy or sell IShares Currency Hedged? Buying financial instruments such as IShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having IShares Currency 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.

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Climate Change
Climate Change Theme
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 41 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 Climate Change Theme or any other thematic opportunities.
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When determining whether IShares Currency Hedged offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Currency's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Currency Hedged Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Currency Hedged Etf:
Check out IShares Currency Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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The market value of IShares Currency Hedged is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Currency's value that differs from its market value or its book value, called intrinsic value, which is IShares Currency's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Currency's market value can be influenced by many factors that don't directly affect IShares Currency's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Currency's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Currency is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Currency'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.