iShares Inc Backtesting

EIS -- USA Etf  

USD 53.18  0.67  1.24%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of iShares Inc iShares MSCI Israel and determine expected loss or profit from investing in iShares Inc over given investment horizon. Additionally see iShares Inc Hype Analysis, iShares Inc Correlation, Portfolio Optimization, iShares Inc Volatility as well as analyze iShares Inc Alpha and Beta and iShares Inc Performance.
Horizon     30 Days    Login   to change

iShares Inc 'What if' Analysis

June 21, 2019
No Change 0.00  0.0%
In 2 months and 31 days
September 19, 2019
If you would invest  0.00  in iShares Inc on June 21, 2019 and sell it all today you would earn a total of 0.00 from holding iShares Inc iShares MSCI Israel or generate 0.0% return on investment in iShares Inc over 90 days. iShares Inc is related to or competes with iShares Inc, iShares MSCI, iShares MSCI, iShares MSCI, iShares Inc, iShares MSCI, and VanEck Vectors. The investment seeks to track the investment results of the MSCI Israel Capped Investable Market Index

iShares Inc Upside/Downside Indicators

Downside Deviation1.03
Information Ratio(0.005586)
Maximum Drawdown6.03
Value At Risk(1.27)
Potential Upside1.16

iShares Inc Market Premium Indicators

Risk Adjusted Performance0.0373
Jensen Alpha0.0352
Total Risk Alpha(0.0058)
Sortino Ratio(0.004894)
Treynor Ratio(0.13)

iShares iShares MSCI Backtested Returns

We consider iShares Inc very steady. iShares iShares MSCI shows Sharpe Ratio of 0.0187 which attests that the etf had 0.0187% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for iShares iShares MSCI which you can use to evaluate future volatility of the etf. Please check out iShares iShares MSCI Market Risk Adjusted Performance of (0.12), Mean Deviation of 0.6459 and Downside Deviation of 1.03 to validate if risk estimate we provide are consistent with the epected return of 0.0171%. The entity maintains market beta of -0.2218 which attests that as returns on market increase, returns on owning iShares Inc are expected to decrease at a much smaller rate. During bear market, iShares Inc is likely to outperform the market. Although it is extremely important to respect iShares iShares MSCI historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining iShares iShares MSCI technical indicators you can presently evaluate if the expected return of 0.0171% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.45) 
correlation synergy

Modest reverse predictability

iShares Inc iShares MSCI Israel has modest reverse predictability. Overlapping area represents the amount of predictability between iShares Inc time series from June 21, 2019 to August 5, 2019 and August 5, 2019 to September 19, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares iShares MSCI price movement. The serial correlation of -0.45 indicates that just about 45.0% of current iShares Inc price fluctuation can be explain by its past prices. Given that iShares Inc iShares MSCI Israel has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of iShares Inc for similar time interval.
Correlation Coefficient-0.45
Spearman Rank Test-0.22
Residual Average0.0
Price Variance0.81

iShares iShares MSCI lagged returns against current returns

 Current and Lagged Values 

iShares Inc regressed lagged prices vs. current prices

 Current vs Lagged Prices 

iShares Inc Lagged Returns

 Regressed Prices 

Current Sentiment - EIS

iShares iShares MSCI Investor Sentiment

Greater number of Macroaxis users are currently bullish on iShares Inc iShares MSCI Israel. What is your take regarding investing in iShares Inc iShares MSCI Israel? Are you bullish or bearish?
98% Bullish
2% Bearish

iShares Inc Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for iShares Inc and iShares iShares MSCI. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Additionally see iShares Inc Hype Analysis, iShares Inc Correlation, Portfolio Optimization, iShares Inc Volatility as well as analyze iShares Inc Alpha and Beta and iShares Inc Performance. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.