IShares SP (Switzerland) Market Value
| IUHC Etf | USD 11.37 0.16 1.43% |
| Symbol | IShares |
IShares SP 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares SP's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares SP.
| 03/23/2023 |
| 05/16/2024 |
If you would invest 0.00 in IShares SP on March 23, 2023 and sell it all today you would earn a total of 0.00 from holding iShares SP 500 or generate 0.0% return on investment in IShares SP over 420 days. IShares SP is related to or competes with UBSFund Solutions, Vanguard, IShares Core, Lyxor Japan, IShares Core, and IShares SP. The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the SP 500 Health Care Index iShares SP is traded on Switzerland Exchange in Switzerland. More
IShares SP Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares SP's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares SP 500 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.07 |
IShares SP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares SP's standard deviation. In reality, there are many statistical measures that can use IShares SP historical prices to predict the future IShares SP's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares SP's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
iShares SP 500 Backtested Returns
We consider IShares SP very steady. iShares SP 500 holds Efficiency (Sharpe) Ratio of 0.0076, which attests that the entity had a 0.0076% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for iShares SP 500, which you can use to evaluate the volatility of the entity. Please check out IShares SP's Market Risk Adjusted Performance of (0.14), risk adjusted performance of (0.01), and Standard Deviation of 0.6893 to validate if the risk estimate we provide is consistent with the expected return of 0.0055%. The etf retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares SP is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
iShares SP 500 has below average predictability. Overlapping area represents the amount of predictability between IShares SP time series from 23rd of March 2023 to 19th of October 2023 and 19th of October 2023 to 16th of May 2024. 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 SP 500 price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current IShares SP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
iShares SP 500 lagged returns against current returns
Autocorrelation, which is IShares SP etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares SP's etf expected returns. We can calculate the autocorrelation of IShares SP returns to help us make a trade decision. For example, suppose you find that IShares SP has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IShares SP regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares SP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares SP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares SP etf over time.
Current vs Lagged Prices |
| Timeline |
IShares SP Lagged Returns
When evaluating IShares SP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares SP etf have on its future price. IShares SP autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares SP autocorrelation shows the relationship between IShares SP etf current value and its past values and can show if there is a momentum factor associated with investing in iShares SP 500.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IShares SP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IShares SP's short interest history, or implied volatility extrapolated from IShares SP options trading.
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IShares SP technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.