Ishares Small Cap Etf Fundamentals
| XSU Etf | CAD 47.17 0.43 0.92% |
iShares Small Cap fundamentals help investors to digest information that contributes to IShares Small'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 Small'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 Small etf.
IShares |
iShares Small Cap ETF Price To Earning Analysis
IShares Small's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current IShares Small Price To Earning | 21.75 X |
Most of IShares Small's fundamental indicators, such as Price To Earning, 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 Small Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, iShares Small Cap has a Price To Earning of 21.75 times. This is much higher than that of the iShares family and significantly higher than that of the US Small/Mid Cap Equity category. The price to earning for all Canada etfs is notably lower than that of the firm.
iShares Small Cap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Small's current stock value. Our valuation model uses many indicators to compare IShares Small value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Small competition to find correlations between indicators driving IShares Small's intrinsic value. More Info.iShares Small Cap is rated first in price to earning as compared to similar ETFs. It is rated first in price to book as compared to similar ETFs fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares Small Cap is roughly 11.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value IShares Small by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for IShares Small'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 Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Small's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Small could also be used in its relative valuation, which is a method of valuing IShares Small by comparing valuation metrics of similar companies.IShares Small is currently under evaluation in price to earning as compared to similar ETFs.
Fund Asset Allocation for IShares Small
The fund consists of 97.06% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides IShares Small'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
| Price To Earning | 21.75 X | |||
| Price To Book | 1.91 X | |||
| Price To Sales | 1.15 X | |||
| Beta | 1.36 | |||
| Total Asset | 250.57 M | |||
| One Year Return | 34.60 % | |||
| Three Year Return | 2.70 % | |||
| Five Year Return | 7.70 % | |||
| Ten Year Return | 7.20 % | |||
| Net Asset | 250.57 M | |||
| Last Dividend Paid | 0.22 | |||
| Holdings Turnover | 67.67 % | |||
| Equity Positions Weight | 97.06 % |
About IShares Small Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Small Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Small using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Small 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.The investment seeks to replicate, net of expenses, the Russell 2000 Index Canadian Dollar Hedged. ISHARES US is traded on Toronto Stock Exchange in Canada.
Pair Trading with IShares Small
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 Small 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 Small will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.96 | XMC | iShares SP Mid | PairCorr |
| 0.98 | XMH | iShares SP Mid | PairCorr |
| 0.93 | UMI | CI MidCap Dividend | PairCorr |
| 0.96 | MUMC | Manulife Multifactor Mid | PairCorr |
Moving against IShares Etf
The ability to find closely correlated positions to IShares Small 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 Small 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 Small - 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 Small Cap to buy it.
The correlation of IShares Small 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 Small moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Small Cap 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 Small 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 Small 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.