Ishares Convertible Bond Etf Buy Hold or Sell Recommendation

ICVT Etf  USD 78.09  0.05  0.06%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding iShares Convertible Bond is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell iShares Convertible Bond given historical horizon and risk tolerance towards IShares Convertible. When Macroaxis issues a 'buy' or 'sell' recommendation for iShares Convertible Bond, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out IShares Convertible 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, 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 Convertible Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.

Execute IShares Convertible 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 Convertible Bond. Macroaxis does not own or have any residual interests in iShares Convertible Bond or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IShares Convertible's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell IShares ConvertibleBuy IShares Convertible
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon iShares Convertible Bond has a Risk Adjusted Performance of 0.0023, Jensen Alpha of (0), Total Risk Alpha of (0), Sortino Ratio of 0.0012 and Treynor Ratio of (0.01)
Macroaxis provides unbiased trade recommendations on IShares Convertible that should be used to complement current analysts and expert consensus on iShares Convertible Bond. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. Please utilize iShares Convertible Bond one year return and bond positions weight to make buy, hold, or sell decision on IShares Convertible.

IShares Convertible Trading Alerts and Improvement Suggestions

IShares Convertible generated a negative expected return over the last 90 days
Latest headline from seekingalpha.com: iShares Convertible Bond ETF declares monthly distribution of 0.1539
The fund created three year return of -4.0%
iShares Convertible Bond retains most of the assets under management (AUM) in different types of exotic instruments.

IShares Convertible Returns Distribution Density

The distribution of IShares Convertible's historical returns is an attempt to chart the uncertainty of IShares Convertible's future price movements. The chart of the probability distribution of IShares Convertible daily returns describes the distribution of returns around its average expected value. We use iShares Convertible Bond price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IShares Convertible returns is essential to provide solid investment advice for IShares Convertible.
Mean Return
0
Value At Risk
-0.93
Potential Upside
0.87
Standard Deviation
0.49
   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 Convertible 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 Convertible 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 Convertible 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 Convertible'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 Dow Jones
-0.0026
β
Beta against Dow Jones0.49
σ
Overall volatility
0.49
Ir
Information ratio 0

IShares Convertible Volatility Alert

iShares Convertible Bond exhibits very low volatility with skewness of -0.14 and kurtosis of -0.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IShares Convertible'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 Convertible'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 Convertible Fundamentals Vs Peers

Comparing IShares Convertible'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 Convertible's direct or indirect competition across all of the common fundamentals between IShares Convertible and the related equities. This way, we can detect undervalued stocks with similar characteristics as IShares Convertible or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of IShares Convertible's fundamental indicators could also be used in its relative valuation, which is a method of valuing IShares Convertible by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare IShares Convertible to competition
FundamentalsIShares ConvertiblePeer Average
Beta0.81
One Year Return5.80 %(0.97) %
Three Year Return(4.40) %3.23 %
Five Year Return9.40 %1.12 %
Net Asset1.76 B2.29 B
Last Dividend Paid0.08080.14
Equity Positions Weight0.08 %52.82 %
Bond Positions Weight0.27 %8.16 %

IShares Convertible 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 Convertible Buy or Sell Advice

When is the right time to buy or sell iShares Convertible Bond? 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 Convertible 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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Additional Information and Resources on Investing in IShares Etf

When determining whether iShares Convertible Bond is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Convertible Bond Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Convertible Bond Etf:
Check out IShares Convertible 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of iShares Convertible Bond 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 Convertible's value that differs from its market value or its book value, called intrinsic value, which is IShares Convertible'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 Convertible's market value can be influenced by many factors that don't directly affect IShares Convertible'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 Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Convertible'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.