Ishares Currency Hedged Etf Performance
| HSCZ Etf | USD 31.38 0.00 0.00% |
The etf retains a Market Volatility (i.e., Beta) of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Currency's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Currency 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 Currency Hedged are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong fundamental indicators, IShares Currency is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Investment Report - Stock Traders Daily.com | 02/20/2024 |
2 | On The My Stocks Page - News Stock Traders Daily | 04/22/2024 |
| In Threey Sharp Ratio | 0.32 |
IShares |
IShares Currency Relative Risk vs. Return Landscape
If you would invest 2,951 in iShares Currency Hedged on January 30, 2024 and sell it today you would earn a total of 186.73 from holding iShares Currency Hedged or generate 6.33% return on investment over 90 days. iShares Currency Hedged is currently generating 0.0975% in daily expected returns and assumes 0.5594% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than IShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
IShares Currency Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Currency's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Currency Hedged, and traders can use it to determine the average amount a IShares Currency'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 = 0.1742
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average IShares Currency is performing at about 13% 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 Currency by adding it to a well-diversified portfolio.
IShares Currency Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Currency, and IShares Currency 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.
| Price To Earning | 14.99 X | |||
| Price To Book | 1.35 X | |||
| Price To Sales | 0.76 X | |||
| Total Asset | 107.09 M | |||
About IShares Currency Performance
To evaluate iShares Currency Hedged Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IShares Currency generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand iShares Currency Hedged market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund generally will invest at least 80 percent of its assets in the component securities and other instruments of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. EAFE Small-Cap is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: On The My Stocks Page - News Stock Traders Daily | |
| The fund retains 98.59% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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 main economic indicators. Note that the iShares Currency Hedged information on this page should be used as a complementary analysis to other IShares Currency's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.