Ishares Sptsx 60 Etf Profile
XIU Etf | CAD 32.94 0.08 0.24% |
Performance7 of 100
| Odds Of DistressLess than 9
|
IShares SPTSX is selling at 32.94 as of the 19th of April 2024; that is 0.24 percent increase since the beginning of the trading day. The etf's open price was 32.86. IShares SPTSX has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for iShares SPTSX 60 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
The investment seeks to replicate the performance, net of expenses, of the SPTSX 60 Index. ISHARES SP is traded on Toronto Stock Exchange in Canada. More on iShares SPTSX 60
Moving together with IShares Etf
0.99 | XIC | iShares Core SPTSX | PairCorr |
0.99 | ZCN | BMO SPTSX Capped | PairCorr |
1.0 | VCN | Vanguard FTSE Canada | PairCorr |
1.0 | HXT | Horizons SPTSX 60 | PairCorr |
0.99 | QCN | Mackenzie Canadian Equity | PairCorr |
0.96 | WXM | First Asset Morningstar | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares SPTSX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares SPTSX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | William Chinery |
Business Concentration | Canadian Equity, iShares (View all Sectors) |
Updated At | 18th of April 2024 |
iShares SPTSX 60 [XIU] is traded in Canada and was established 1999-09-28. The fund is listed under Canadian Equity category and is part of iShares family. iShares SPTSX 60 at this time have 8.77 B in net assets. , while the total return for the last 3 years was 7.2%.
Check IShares SPTSX Probability Of Bankruptcy
Top iShares SPTSX 60 Etf Constituents
CM | Canadian Imperial Bank | Stock | Financials |
ABX | Barrick Gold Corp | Stock | Materials |
BCE | BCE Inc | Stock | Communication Services |
BMO | Bank of Montreal | Stock | Financials |
BNS | Bank of Nova | Stock | Financials |
CNR | Canadian National Railway | Stock | Industrials |
CP | Canadian Pacific Railway | Stock | Industrials |
IShares SPTSX Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of IShares SPTSX jumping above the current price in 90 days from now is about 37.28%. The iShares SPTSX 60 probability density function shows the probability of IShares SPTSX etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon IShares SPTSX has a beta of 0.8614. This entails iShares SPTSX 60 market returns are highly reactive to returns on the market. As the market goes up or down, IShares SPTSX is expected to follow. Additionally, iShares SPTSX 60 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of IShares SPTSX to move above the current price in 90 days from now is about 37.28 (This iShares SPTSX 60 probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares SPTSX Top Holders
PFLS | Picton Mahoney Fortified | Etf | Alternative Equity Focused |
PFAE | Picton Mahoney Fortified | Etf | CA Etf |
iShares SPTSX 60 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares SPTSX market risk premium is the additional return an investor will receive from holding IShares SPTSX long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares SPTSX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares SPTSX's alpha and beta are two of the key measurements used to evaluate IShares SPTSX's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.4465 | |||
Semi Deviation | 0.6271 | |||
Standard Deviation | 0.6294 | |||
Variance | 0.3962 |
iShares SPTSX 60 Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. iShares SPTSX 60 Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe IShares SPTSX price patterns.
IShares SPTSX Against Markets
Picking the right benchmark for IShares SPTSX etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares SPTSX etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares SPTSX is critical whether you are bullish or bearish towards iShares SPTSX 60 at a given time. Please also check how IShares SPTSX's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares SPTSX without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares SPTSX, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares SPTSX. To buy IShares SPTSX etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares SPTSX. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares SPTSX etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares SPTSX 60 etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares SPTSX 60 etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares SPTSX 60, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in iShares SPTSX 60?
The danger of trading iShares SPTSX 60 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares SPTSX is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares SPTSX. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares SPTSX 60 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares SPTSX 60. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.