Ishares Canadian Universe Etf Price on September 5, 2024

XBB Etf  CAD 28.68  0.31  1.09%   
Below is the normalized historical share price chart for iShares Canadian Universe extending back to November 23, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IShares Canadian stands at 28.68, as last reported on the 30th of November, with the highest price reaching 28.69 and the lowest price hitting 28.48 during the day.
3 y Volatility
7.41
200 Day MA
27.8734
1 y Volatility
6.75
50 Day MA
28.3126
Inception Date
2000-11-20
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. As of now, IShares Etf is very steady. iShares Canadian Universe holds Efficiency (Sharpe) Ratio of 0.0872, which attests that the entity had a 0.0872% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Canadian Universe, which you can use to evaluate the volatility of the entity. Please check out IShares Canadian's Market Risk Adjusted Performance of 0.2917, risk adjusted performance of 0.0594, and Downside Deviation of 0.3619 to validate if the risk estimate we provide is consistent with the expected return of 0.0314%.
  
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0872

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Estimated Market Risk

 0.36
  actual daily
3
97% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average IShares Canadian is performing at about 6% of its full potential. 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 Canadian by adding it to a well-diversified portfolio.

IShares Canadian Valuation on September 5, 2024

It is possible to determine the worth of IShares Canadian on a given historical date. On September 5, 2024 IShares was worth 28.3 at the beginning of the trading date compared to the closed value of 28.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Canadian etf. Still, in general, we apply an absolute valuation method to find IShares Canadian's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Canadian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Canadian's related companies.
 Open High Low Close Volume
  28.17    28.27    28.16    28.26    174,900  
09/05/2024
  28.30    28.32    28.23    28.30    158,600  
  28.30    28.41    28.23    28.33    227,400  
Backtest IShares Canadian  |  IShares Canadian History  |  IShares Canadian Valuation   PreviousNext  
Open Value
28.3
28.3
Closing Value
29.38
Upside

IShares Canadian Trading Date Momentum on September 5, 2024

On September 06 2024 iShares Canadian Universe was traded for  28.33  at the closing time. The maximum traded price for the trading interval was 28.41  and the lowest daily price was  28.23 . The daily volume was recorded at 227.4 K. The volume of trading on 6th of September 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 0.11% . The trading date delta to the closing price today is 0.85% .

iShares Canadian Universe Fundamentals Correlations and Trends

By evaluating IShares Canadian's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IShares Canadian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IShares Canadian Etf history

IShares Canadian investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares Canadian Universe will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IShares Canadian stock prices may prove useful in developing a viable investing in IShares Canadian

IShares Canadian Etf Technical Analysis

IShares Canadian 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.
A focus of IShares Canadian technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IShares Canadian trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

IShares Canadian Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

iShares Canadian Universe cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

IShares Canadian November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how IShares Canadian etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IShares Canadian shares will generate the highest return on investment. By undertsting and applying IShares Canadian etf market strength indicators, traders can identify iShares Canadian Universe entry and exit signals to maximize returns

IShares Canadian Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IShares Canadian's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in IShares Etf

IShares Canadian 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 Canadian security.