Ishares Ig Corporate Etf Buy Hold or Sell Recommendation
| XIG Etf | CAD 19.71 0.02 0.10% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding iShares IG Corporate is 'Cautious Hold'. Macroaxis provides IShares IG buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding XIG positions. The advice algorithm takes into account all of IShares IG's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting IShares IG's buy or sell advice are summarized below:
Real Value 19.68 | Hype Value 19.69 | Market Value 19.71 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell iShares IG Corporate given historical horizon and risk tolerance towards IShares IG. When Macroaxis issues a 'buy' or 'sell' recommendation for iShares IG Corporate, the advice is generated through an automated system that utilizes algorithms and statistical models.
IShares |
Execute IShares IG 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 IG Corporate. Macroaxis does not own or have any residual interests in iShares IG Corporate or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IShares IG's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
IShares IG Trading Alerts and Improvement Suggestions
| iShares IG Corporate generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Ishares US IG Corporate Bond Index ETF Quote - Press Release - The Globe and Mail | |
| The fund generated three year return of -4.0% | |
| iShares IG Corporate keeps about 96.21% of its net assets in bonds |
IShares IG Returns Distribution Density
The distribution of IShares IG's historical returns is an attempt to chart the uncertainty of IShares IG's future price movements. The chart of the probability distribution of IShares IG daily returns describes the distribution of returns around its average expected value. We use iShares IG Corporate price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IShares IG returns is essential to provide solid investment advice for IShares IG.
| Mean Return | -0.03 | Value At Risk | -1 | Potential Upside | 0.56 | Standard Deviation | 0.46 |
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 IG 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 IG 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 IG 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 IG'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 | -0.04 | |
β | Beta against NYSE Composite | 0.1 | |
σ | Overall volatility | 0.44 | |
Ir | Information ratio | -0.25 |
IShares IG Volatility Alert
iShares IG Corporate exhibits very low volatility with skewness of -0.99 and kurtosis of 1.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IShares IG'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 IG'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 IG Fundamentals Vs Peers
Comparing IShares IG'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 IG's direct or indirect competition across all of the common fundamentals between IShares IG and the related equities. This way, we can detect undervalued stocks with similar characteristics as IShares IG or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of IShares IG's fundamental indicators could also be used in its relative valuation, which is a method of valuing IShares IG by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IShares IG to competition |
| Fundamentals | IShares IG | Peer Average |
| Beta | 1.21 | |
| One Year Return | 1.40 % | (0.97) % |
| Three Year Return | (4.30) % | 3.23 % |
| Five Year Return | 0.10 % | 1.12 % |
| Ten Year Return | 1.50 % | 1.20 % |
| Net Asset | 108.01 M | 2.29 B |
| Last Dividend Paid | 0.062 | 0.14 |
| Bond Positions Weight | 96.21 % | 8.16 % |
IShares IG 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.
| Accumulation Distribution | 53.63 | |||
| Daily Balance Of Power | 0.2857 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 19.68 | |||
| Day Typical Price | 19.69 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.02 |
About IShares IG Buy or Sell Advice
When is the right time to buy or sell iShares IG Corporate? 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 IG 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 IG 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 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.