IShares TecDAX (Switzerland) Performance
| TDXPEX Etf | EUR 30.77 0.33 1.06% |
The etf retains a Market Volatility (i.e., Beta) of -0.0618, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares TecDAX are expected to decrease at a much lower rate. During the bear market, IShares TecDAX is likely to outperform the market.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in iShares TecDAX UCITS are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, IShares TecDAX is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Fifty Two Week Low | 21.97 | |
| Fifty Two Week High | 26.96 |
IShares |
IShares TecDAX Relative Risk vs. Return Landscape
If you would invest 2,996 in iShares TecDAX UCITS on October 11, 2024 and sell it today you would earn a total of 81.00 from holding iShares TecDAX UCITS or generate 2.7% return on investment over 90 days. iShares TecDAX UCITS is generating 0.0493% of daily returns and assumes 0.8149% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than IShares, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IShares TecDAX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares TecDAX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares TecDAX UCITS, and traders can use it to determine the average amount a IShares TecDAX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0605
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TDXPEX |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average IShares TecDAX is performing at about 4% 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 TecDAX by adding it to a well-diversified portfolio.
IShares TecDAX Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares TecDAX, and IShares TecDAX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Total Asset | 866.1 M | |||
About IShares TecDAX Performance
By analyzing IShares TecDAX's fundamental ratios, stakeholders can gain valuable insights into IShares TecDAX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IShares TecDAX has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IShares TecDAX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
iShares TecDAX is an exchange traded fund that aims to track the performance of the TecDAX Index as closely as possible. iSh TecDAX is traded on Switzerland Exchange in Switzerland.Other Information on Investing in IShares Etf
IShares TecDAX 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 TecDAX security.