Ishares Convertible Bond Etf Bond Positions Weight
| CVD Etf | CAD 17.45 0.12 0.69% |
iShares Convertible Bond fundamentals help investors to digest information that contributes to IShares Convertible's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares Convertible's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares Convertible etf.
IShares |
iShares Convertible Bond ETF Bond Positions Weight Analysis
IShares Convertible's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
| Competition |
In accordance with the recently published financial statements, iShares Convertible Bond has a Bond Positions Weight of 0.0%. This is 100.0% lower than that of the iShares family and about the same as High Yield Fixed Income (which currently averages 0.0) category. The bond positions weight for all Canada etfs is 100.0% higher than that of the company.
IShares Bond Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Convertible's direct or indirect competition against its Bond Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Convertible could also be used in its relative valuation, which is a method of valuing IShares Convertible by comparing valuation metrics of similar companies.IShares Convertible is currently under evaluation in bond positions weight as compared to similar ETFs.
IShares Fundamentals
| Beta | 0.09 | |||
| Total Asset | 114.82 M | |||
| One Year Return | 18.30 % | |||
| Three Year Return | 2.70 % | |||
| Five Year Return | 3.70 % | |||
| Ten Year Return | 3.70 % | |||
| Net Asset | 114.82 M | |||
| Last Dividend Paid | 0.069 |
About IShares Convertible Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Convertible Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Convertible using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Convertible Bond based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with IShares Convertible
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares Convertible position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares Convertible will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IShares Convertible could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Convertible when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Convertible - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Convertible Bond to buy it.
The correlation of IShares Convertible is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Convertible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Convertible Bond moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares Convertible can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares Convertible Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.