Ishares Global Clean Etf Performance
| ICLN Etf | USD 13.14 0.12 0.90% |
The etf retains a Market Volatility (i.e., Beta) of 1.53, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IShares Global will likely underperform.
Risk-Adjusted Performance
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Over the last 90 days iShares Global Clean has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy essential indicators, IShares Global is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Bank Julius Baer Co. Ltd Zurich Acquires 11,646 Shares of iShares Global Clean Energy ETF | 02/15/2024 |
2 | iShares Global Clean Energy ETF Stake Increased by Stelac Advisory Services LLC | 02/21/2024 |
3 | Sand Hill Global Advisors LLC Grows Stock Position in iShares Global Clean Energy ETF | 02/26/2024 |
4 | Waverly Advisors LLC Raises Stock Position in iShares Global Clean Energy ETF | 03/01/2024 |
5 | Laurel Wealth Advisors LLC Has 456,000 Position in iShares Global Clean Energy ETF | 03/05/2024 |
6 | ASB Consultores LLC Has 1.40 Million Holdings in iShares Global Clean Energy ETF | 03/12/2024 |
7 | Nextrackers Solar Ascendancy Analyst Forecasts Doubling of Addressable Market Despite Valuation Hurdles | 03/22/2024 |
8 | The king of insider trading is back with multiple suspicious trades | 04/01/2024 |
9 | Stratos Wealth Partners LTD. Has 379000 Position in iShares Global Clean Energy ETF - Defense World | 04/15/2024 |
10 | ICLN Clean Energy Will Provide Massive Returns Globally, Just Not Yet - Seeking Alpha | 04/22/2024 |
| In Threey Sharp Ratio | -0.56 |
IShares |
IShares Global Relative Risk vs. Return Landscape
If you would invest 1,400 in iShares Global Clean on January 25, 2024 and sell it today you would lose (86.00) from holding iShares Global Clean or give up 6.14% of portfolio value over 90 days. iShares Global Clean is currently does not generate positive expected returns and assumes 1.6093% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of etfs are less volatile than IShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
IShares Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Global Clean, and traders can use it to determine the average amount a IShares Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0546
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| Negative Returns | ICLN |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Global by adding IShares Global to a well-diversified portfolio.
IShares Global Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Global, and IShares Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Price To Earning | 12.29 X | |||
| Price To Book | 0.97 X | |||
| Price To Sales | 0.72 X | |||
| Total Asset | 4.85 B | |||
About IShares Global Performance
To evaluate iShares Global Clean Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IShares Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand iShares Global Clean market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The index is designed to track the performance of approximately 100 clean energy-related companies. Global Clean is traded on NASDAQ Exchange in the United States.| iShares Global Clean generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: ICLN Clean Energy Will Provide Massive Returns Globally, Just Not Yet - Seeking Alpha | |
| The fund created three year return of -17.0% | |
| iShares Global Clean retains 99.65% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Clean. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of iShares Global Clean 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 Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global'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 Global's market value can be influenced by many factors that don't directly affect IShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global'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.