IShares ATX Financials
| EX01 Etf | EUR 37.77 0.18 0.48% |
IShares |
The data published in IShares ATX's official financial statements typically reflect IShares ATX's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IShares ATX's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares ATX's liquidity, profitability, and earnings quality within the context of the BlackRock Asset Management Deutschland AG space in which it operates.
IShares ATX Etf Summary
IShares ATX competes with IShares Core, and IShares EURO. iShares ATX is an exchange traded fund that aims to track the performance of the ATX Index as closely as possible. iShares ATX is traded on Vienna Stock Exchange in Austria.| Instrument | Austria Etf |
| Exchange | Vienna Exchange |
| ISIN | DE000A0D8Q23 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | BlackRock Asset Management Deutschland AG |
| Benchmark | Dow Jones Industrial |
| Currency | EUR - Euro |
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares ATX's current stock value. Our valuation model uses many indicators to compare IShares ATX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares ATX competition to find correlations between indicators driving IShares ATX's intrinsic value. More Info.iShares ATX UCITS is rated # 4 ETF in price to earning as compared to similar ETFs. It also is rated # 4 ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares ATX UCITS is roughly 12.55 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares ATX by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares ATX's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.iShares ATX UCITS Systematic Risk
IShares ATX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares ATX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on iShares ATX UCITS correlated with the market. If Beta is less than 0 IShares ATX generally moves in the opposite direction as compared to the market. If IShares ATX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares ATX UCITS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares ATX is generally in the same direction as the market. If Beta > 1 IShares ATX moves generally in the same direction as, but more than the movement of the benchmark.
IShares ATX December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares ATX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares ATX UCITS. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares ATX UCITS based on widely used predictive technical indicators. In general, we focus on analyzing IShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IShares ATX's daily price indicators and compare them against related drivers.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 4.76 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 1.36 |
Other Information on Investing in IShares Etf
IShares ATX financial ratios help investors to determine whether IShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IShares with respect to the benefits of owning IShares ATX security.