IShares IG Financial Statements From 2010 to 2024
XIG Etf | CAD 19.67 0.08 0.41% |
Market Capitalisation {Big=0, Small=0, Mega=0.02247, Medium=0, Micro=0} |
Check IShares IG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . IShares financial statements analysis is a perfect complement when working with IShares IG Valuation or Volatility modules.
IShares |
iShares IG Corporate ETF Beta Analysis
IShares IG's 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.
Current IShares IG Beta | 1.23 |
Most of IShares IG's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares IG Corporate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition |
In accordance with the recently published financial statements, iShares IG Corporate has a Beta of 1.23. This is much higher than that of the iShares family and significantly higher than that of the Global Corporate Fixed Income category. The beta for all Canada etfs is notably lower than that of the firm.
About IShares IG Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include IShares IG income statement, its balance sheet, and the statement of cash flows. IShares IG investors use historical funamental indicators, such as IShares IG's revenue or net income, to determine how well the company is positioned to perform in the future. Although IShares IG investors may use each financial statement separately, they are all related. The changes in IShares IG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares IG'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. We offer a historical overview of the basic patterns found on IShares IG Financial Statements. Understanding these patterns can help to make the right decision on long term investment in IShares IG. Please read more on our technical analysis and fundamental analysis pages.
The investment seeks to replicate, net of expenses, the Markit iBoxx USD Liquid Investment Grade Total Return Index hedged in CAD. iSHARES US is traded on Toronto Stock Exchange in Canada.
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Try AI Portfolio ArchitectCheck out the analysis of IShares IG Correlation against competitors. Note that the iShares IG Corporate information on this page should be used as a complementary analysis to other IShares IG'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.