IShares India Financials
| XID Etf | CAD 56.53 0.15 0.27% |
3 y Sharp Ratio 0.56 |
IShares |
The data published in IShares India's official financial statements typically reflect IShares India'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 India's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares India's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
IShares India Etf Summary
IShares India competes with IShares Canadian, PHN Multi, Altagas Cum, EcoSynthetix, and European Residential. The investment seeks to replicate, net of expenses, the Nifty 50 Index. iSHARES INDIA is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA46429R1064 |
| Region | Others |
| Investment Issuer | Others |
| Business Address | Toronto, ON MJ |
| Etf Family | iShares |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 866 486 4874 |
| Currency | CAD - Canadian Dollar |
You should never invest in IShares India without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of IShares Etf, because this is throwing your money away. Analyzing the key information contained in IShares India's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
IShares India Key Financial Ratios
IShares India's financial ratios allow both analysts and investors to convert raw data from IShares India's financial statements into concise, actionable information that can be used to evaluate the performance of IShares India over time and compare it to other companies across industries.IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares India's current stock value. Our valuation model uses many indicators to compare IShares India value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares India competition to find correlations between indicators driving IShares India's intrinsic value. More Info.iShares India Index is rated first in beta as compared to similar ETFs. It is rated first in one year return as compared to similar ETFs reporting about 41.82 of One Year Return per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares India by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares India'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 India Index Systematic Risk
IShares India's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares India 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on iShares India Index correlated with the market. If Beta is less than 0 IShares India generally moves in the opposite direction as compared to the market. If IShares India Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares India Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares India is generally in the same direction as the market. If Beta > 1 IShares India moves generally in the same direction as, but more than the movement of the benchmark.
IShares India December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares India help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares India Index. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares India Index 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 India's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6892 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.01 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.34 |
Other Information on Investing in IShares Etf
IShares India 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 India security.