Ishares Global Healthcare Etf Profile
| XHC Etf | CAD 68.38 0.03 0.04% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares Global is selling at 68.38 as of the 19th of April 2024; that is 0.04% increase since the beginning of the trading day. The etf's open price was 68.35. IShares Global has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for iShares Global Healthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The investment seeks to replicate, net of expenses, the performance of the SP Global 1200 Health Care Sector Canadian Dollar Hedged index. iSHARES GLOBAL is traded on Toronto Stock Exchange in Canada. More on iShares Global Healthcare
Moving together with IShares Etf
| 0.92 | ZUH | BMO Equal Weight | PairCorr |
| 0.72 | TXF | First Asset Tech | PairCorr |
| 0.64 | TEC | TD Global Technology | PairCorr |
Moving against IShares Etf
| 0.54 | HUN | Horizons Natural Gas | PairCorr |
IShares 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. IShares Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Sector Equity, iShares (View all Sectors) |
| Updated At | 18th of April 2024 |
iShares Global Healthcare [XHC] is traded in Canada and was established 2011-04-12. The fund is listed under Sector Equity category and is part of iShares family. iShares Global Healthcare at this time have 288.49 M in net assets. , while the total return for the last 3 years was 5.0%.
Check IShares Global Probability Of Bankruptcy
IShares Global Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of IShares Global jumping above the current price in 90 days from now is about 92.13%. The iShares Global Healthcare probability density function shows the probability of IShares Global etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon IShares Global has a beta of 0.6487. This entails as returns on the market go up, IShares Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iShares Global Healthcare will be expected to be much smaller as well. Additionally, iShares Global Healthcare 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 IShares Global to move above the current price in 90 days from now is about 92.13 (This iShares Global Healthcare probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
iShares Global Healthcare Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Global market risk premium is the additional return an investor will receive from holding IShares Global 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 IShares Global. 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 IShares Global's alpha and beta are two of the key measurements used to evaluate IShares Global's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4351 | |||
| Standard Deviation | 0.5706 | |||
| Variance | 0.3256 | |||
| Risk Adjusted Performance | (0) |
iShares Global Healthcare Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. iShares Global Healthcare Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe IShares Global price patterns.
IShares Global Against Markets
Picking the right benchmark for IShares Global 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 IShares Global 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 IShares Global is critical whether you are bullish or bearish towards iShares Global Healthcare at a given time. Please also check how IShares Global'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 IShares Global 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 IShares Etf?
Before investing in IShares Global, 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 IShares Global. To buy IShares Global etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Global. 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 IShares Global etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Global Healthcare 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 iShares Global Healthcare 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 iShares Global Healthcare, 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 IShares Etf please use our How to Invest in IShares Global guide.
Already Invested in iShares Global Healthcare?
The danger of trading iShares Global Healthcare 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 IShares Global 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 IShares Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Global Healthcare 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 iShares Global Healthcare 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 Global Healthcare Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Global Healthcare Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares Global Healthcare. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the iShares Global Healthcare information on this page should be used as a complementary analysis to other IShares Global'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..