Flexshares Stoxx Global Etf Profile
| ESGG Etf | USD 157.86 1.78 1.14% |
Performance6 of 100
| Odds Of DistressLess than 9
|
FlexShares STOXX is trading at 157.86 as of the 25th of April 2024. This is a 1.14 percent up since the beginning of the trading day. The etf's lowest day price was 157.86. FlexShares STOXX has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for FlexShares STOXX Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The index is designed to reflect the performance of a selection of companies that, in aggregate, score better with respect to a set of ESG KPIs relative to the STOXX Global 1800 Index, a float-adjusted market-capitalization weighted index of companies incorporated in the U.S. More on FlexShares STOXX Global
Moving together with FlexShares Etf
| 0.99 | VT | Vanguard Total World Sell-off Trend | PairCorr |
| 0.99 | ACWI | iShares MSCI ACWI Sell-off Trend | PairCorr |
| 0.89 | ACWV | iShares MSCI Global | PairCorr |
| 0.93 | IOO | iShares Global 100 | PairCorr |
| 0.99 | URTH | iShares MSCI World | PairCorr |
| 0.99 | CRBN | iShares MSCI ACWI | PairCorr |
| 0.95 | GLOV | Goldman Sachs ActiveBeta | PairCorr |
FlexShares 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. FlexShares STOXX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FlexShares STOXX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Global Large-Stock Blend, Flexshares Trust (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 5.75 |
| Name | FlexShares STOXX Global ESG Select Index Fund |
| Currency Code | USD |
| In Threey Volatility | 16.93 |
| 1y Volatility | 13.19 |
| 200 Day M A | 146.64 |
| 50 Day M A | 159.6 |
| Code | ESGG |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.45 |
| Type | ETF |
FlexShares STOXX Global [ESGG] is traded in USA and was established 2016-07-13. The fund is listed under Global Large-Stock Blend category and is part of Flexshares Trust family. FlexShares STOXX Global currently have 137.18 M in assets under management (AUM). , while the total return for the last 3 years was 6.5%.
Check FlexShares STOXX Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on FlexShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FlexShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as FlexShares STOXX Global Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top FlexShares STOXX Global Etf Constituents
| MA | Mastercard | Stock | Financials |
| XOM | Exxon Mobil Corp | Stock | Energy |
| INTC | Intel | Stock | Information Technology |
| VZ | Verizon Communications | Stock | Communication Services |
| TSLA | Tesla Inc | Stock | Consumer Discretionary |
| T | ATT Inc | Stock | Communication Services |
| ROG | Rogers | Stock | Information Technology |
FlexShares STOXX Target Price Odds Analysis
In reference to a normal probability distribution, the odds of FlexShares STOXX jumping above the current price in 90 days from now is about 51.6%. The FlexShares STOXX Global probability density function shows the probability of FlexShares STOXX etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days FlexShares STOXX has a beta of 0.9538 suggesting FlexShares STOXX Global market returns are reactive to returns on the market. As the market goes up or down, FlexShares STOXX is expected to follow. Additionally, flexShares STOXX Global 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 FlexShares STOXX to move above the current price in 90 days from now is about 51.6 (This FlexShares STOXX Global probability density function shows the probability of FlexShares Etf to fall within a particular range of prices over 90 days) .
FlexShares STOXX Global Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. FlexShares STOXX market risk premium is the additional return an investor will receive from holding FlexShares STOXX 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 FlexShares STOXX. 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 FlexShares STOXX's alpha and beta are two of the key measurements used to evaluate FlexShares STOXX's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0685 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.03) |
FlexShares STOXX Against Markets
Picking the right benchmark for FlexShares STOXX 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 FlexShares STOXX 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 FlexShares STOXX is critical whether you are bullish or bearish towards FlexShares STOXX Global at a given time. Please also check how FlexShares STOXX'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 FlexShares STOXX 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 FlexShares Etf?
Before investing in FlexShares STOXX, 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 FlexShares STOXX. To buy FlexShares STOXX etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of FlexShares STOXX. 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 FlexShares STOXX etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located FlexShares STOXX Global 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 FlexShares STOXX Global 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 FlexShares STOXX Global, 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. For more information on how to buy FlexShares Etf please use our How to Invest in FlexShares STOXX guide.
Already Invested in FlexShares STOXX Global?
The danger of trading FlexShares STOXX Global 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 FlexShares STOXX 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 FlexShares STOXX. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FlexShares STOXX Global 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.
When determining whether FlexShares STOXX Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FlexShares STOXX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flexshares Stoxx Global Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Flexshares Stoxx Global Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FlexShares STOXX Global. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the FlexShares STOXX Global information on this page should be used as a complementary analysis to other FlexShares STOXX'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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
The market value of FlexShares STOXX Global is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares STOXX's value that differs from its market value or its book value, called intrinsic value, which is FlexShares STOXX'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 FlexShares STOXX's market value can be influenced by many factors that don't directly affect FlexShares STOXX'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 FlexShares STOXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares STOXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares STOXX'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.