Ishares Medical Devices Etf Buy Hold or Sell Recommendation
| IHI Etf | USD 54.78 0.78 1.40% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding iShares Medical Devices is 'Strong Hold'. Macroaxis provides IShares Medical buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IHI positions. The advice algorithm takes into account all of IShares Medical's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting IShares Medical's buy or sell advice are summarized below:
Real Value 53.27 | Hype Value 54.78 | Market Value 54.78 | Naive Value 54.13 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell iShares Medical Devices given historical horizon and risk tolerance towards IShares Medical. When Macroaxis issues a 'buy' or 'sell' recommendation for iShares Medical Devices, the advice is generated through an automated system that utilizes algorithms and statistical models.
IShares |
Execute IShares Medical 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 Medical Devices. Macroaxis does not own or have any residual interests in iShares Medical Devices or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IShares Medical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details |
IShares Medical Trading Alerts and Improvement Suggestions
| IShares Medical generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Perigon Wealth Management LLC Cuts Position in iShares U.S. Medical Devices ETF - Defense World | |
| The fund generated three year return of -1.0% | |
| iShares Medical Devices retains 99.78% of its assets under management (AUM) in equities |
IShares Medical Returns Distribution Density
The distribution of IShares Medical's historical returns is an attempt to chart the uncertainty of IShares Medical's future price movements. The chart of the probability distribution of IShares Medical daily returns describes the distribution of returns around its average expected value. We use iShares Medical Devices price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IShares Medical returns is essential to provide solid investment advice for IShares Medical.
| Mean Return | -0.0078 | Value At Risk | -1.42 | Potential Upside | 1.38 | Standard Deviation | 0.91 |
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 Medical 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 Medical 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 Medical 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 Medical'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 | -0.06 | |
β | Beta against NYSE Composite | 0.99 | |
σ | Overall volatility | 0.92 | |
Ir | Information ratio | -0.07 |
IShares Medical Volatility Alert
iShares Medical Devices exhibits very low volatility with skewness of 0.11 and kurtosis of -0.65. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IShares Medical'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 Medical'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 Medical Fundamentals Vs Peers
Comparing IShares Medical'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 Medical's direct or indirect competition across all of the common fundamentals between IShares Medical and the related equities. This way, we can detect undervalued stocks with similar characteristics as IShares Medical or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of IShares Medical's fundamental indicators could also be used in its relative valuation, which is a method of valuing IShares Medical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IShares Medical to competition |
| Fundamentals | IShares Medical | Peer Average |
| Price To Earning | 24.14 X | 3.15 X |
| Price To Book | 3.03 X | 0.39 X |
| Price To Sales | 3.38 X | 0.33 X |
| Beta | 1.05 | |
| One Year Return | 1.30 % | (0.97) % |
| Three Year Return | (1.40) % | 3.23 % |
| Five Year Return | 8.80 % | 1.12 % |
| Ten Year Return | 13.80 % | 1.20 % |
| Net Asset | 5.79 B | 2.29 B |
| Last Dividend Paid | 0.19 | 0.14 |
| Equity Positions Weight | 99.78 % | 52.82 % |
Note: Acquisition by Jarrett Keith B of 300 shares of IShares US at 15.94 subject to Rule 16b-3 [view details]
IShares Medical 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 Medical Buy or Sell Advice
When is the right time to buy or sell iShares Medical Devices? 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.
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In addition to having IShares Medical 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?
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Check out IShares Medical 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. Note that the iShares Medical Devices information on this page should be used as a complementary analysis to other IShares Medical'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of iShares Medical Devices 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 Medical's value that differs from its market value or its book value, called intrinsic value, which is IShares Medical'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 Medical's market value can be influenced by many factors that don't directly affect IShares Medical'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 Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Medical'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.