Ishares Sp Mid Cap Etf Equity Positions Weight
| XMC Etf | CAD 36.54 0.05 0.14% |
iShares SP Mid Cap fundamentals help investors to digest information that contributes to IShares SP'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 SP'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 SP etf.
IShares |
iShares SP Mid Cap ETF Equity Positions Weight Analysis
IShares SP's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Current IShares SP Equity Positions Weight | 99.77 % |
Most of IShares SP's fundamental indicators, such as Equity Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares SP Mid Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, iShares SP Mid Cap has an Equity Positions Weight of 99%. This is 24.23% higher than that of the iShares family and significantly higher than that of the US Small/Mid Cap Equity category. The equity positions weight for all Canada etfs is 88.89% lower than that of the firm.
IShares Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares SP's direct or indirect competition against its Equity 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 SP could also be used in its relative valuation, which is a method of valuing IShares SP by comparing valuation metrics of similar companies.IShares SP is currently under evaluation in equity positions weight as compared to similar ETFs.
Fund Asset Allocation for IShares SP
The fund invests 99.77% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides IShares SP's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
IShares Fundamentals
| Return On Asset | 8.27 | |||
| Profit Margin | 156.31 % | |||
| Operating Margin | (14.07) % | |||
| Current Valuation | 42.22 M | |||
| Shares Outstanding | 27.29 M | |||
| Price To Earning | 20.55 X | |||
| Price To Book | 2.26 X | |||
| Price To Sales | 1.30 X | |||
| Revenue | 4.54 M | |||
| Net Income | 7.1 M | |||
| Cash And Equivalents | 12.44 M | |||
| Cash Per Share | 0.46 X | |||
| Total Debt | 8.53 M | |||
| Debt To Equity | 0.14 % | |||
| Current Ratio | 61.95 X | |||
| Cash Flow From Operations | (8.64 M) | |||
| Earnings Per Share | 0.23 X | |||
| Number Of Employees | 27 | |||
| Beta | 1.06 | |||
| Market Capitalization | 46.12 M | |||
| Total Asset | 72.01 M | |||
| One Year Return | 37.00 % | |||
| Three Year Return | 11.60 % | |||
| Five Year Return | 13.10 % | |||
| Net Asset | 72.01 M | |||
| Last Dividend Paid | 0.14 | |||
| Equity Positions Weight | 99.77 % |
About IShares SP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares SP Mid Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares SP Mid Cap 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 SP
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 SP 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 SP will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.96 | XSU | iShares Small Cap | PairCorr |
| 0.98 | XMH | iShares SP Mid | PairCorr |
| 0.96 | UMI | CI MidCap Dividend | PairCorr |
| 0.98 | MUMC | Manulife Multifactor Mid | PairCorr |
Moving against IShares Etf
The ability to find closely correlated positions to IShares SP 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 SP 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 SP - 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 SP Mid Cap to buy it.
The correlation of IShares SP 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 SP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares SP Mid 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 SP 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares SP Mid Cap. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.