What is IShares Swiss (CH:CHDVD) Market Value 2024? - Macroaxis

IShares Swiss (Switzerland) Market Value

CHDVD Etf  CHF 159.46  0.88  0.55%   
IShares Swiss' market value is the price at which a share of IShares Swiss trades on a public exchange. It measures the collective expectations of iShares Swiss Dividend investors about its performance. IShares Swiss is selling for under 159.46 as of the 14th of December 2024; that is 0.55% up since the beginning of the trading day. The etf's lowest day price was 158.52.
With this module, you can estimate the performance of a buy and hold strategy of iShares Swiss Dividend and determine expected loss or profit from investing in IShares Swiss over a given investment horizon. Check out IShares Swiss Correlation, IShares Swiss Volatility and IShares Swiss Alpha and Beta module to complement your research on IShares Swiss.
Symbol

Please note, there is a significant difference between IShares Swiss' value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Swiss is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Swiss' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

IShares Swiss 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares Swiss' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares Swiss.
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11/14/2024
No Change 0.00  0.0 
In 31 days
12/14/2024
0.00
If you would invest  0.00  in IShares Swiss on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Swiss Dividend or generate 0.0% return on investment in IShares Swiss over 30 days. IShares Swiss is related to or competes with Baloise Holding, UBS ETF, BB Biotech, Amundi Index, MULTI UNITS, Jungfraubahn Holding, and Hubersuhner. The Fund aims to achieve a return on your investment which reflects the return of the SPISelect Dividend 20 Index, the F... More

IShares Swiss Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares Swiss' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares Swiss Dividend upside and downside potential and time the market with a certain degree of confidence.

IShares Swiss Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Swiss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Swiss' standard deviation. In reality, there are many statistical measures that can use IShares Swiss historical prices to predict the future IShares Swiss' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Swiss' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
158.83159.46160.09
Details
Intrinsic
Valuation
LowRealHigh
143.51160.12160.75
Details

iShares Swiss Dividend Backtested Returns

iShares Swiss Dividend holds Efficiency (Sharpe) Ratio of -0.0512, which attests that the entity had a -0.0512% return per unit of risk over the last 3 months. iShares Swiss Dividend exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Swiss' Standard Deviation of 0.63, market risk adjusted performance of (0.84), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.0518, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Swiss' returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Swiss is expected to be smaller as well.

Auto-correlation

    
  -0.61  

Very good reverse predictability

iShares Swiss Dividend has very good reverse predictability. Overlapping area represents the amount of predictability between IShares Swiss time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares Swiss Dividend price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current IShares Swiss price fluctuation can be explain by its past prices.
Correlation Coefficient-0.61
Spearman Rank Test-0.71
Residual Average0.0
Price Variance1.51
IShares ReturnsIShares Lagged ReturnsDiversified AwayIShares ReturnsIShares Lagged ReturnsDiversified Away100%

iShares Swiss Dividend lagged returns against current returns

Autocorrelation, which is IShares Swiss etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares Swiss' etf expected returns. We can calculate the autocorrelation of IShares Swiss returns to help us make a trade decision. For example, suppose you find that IShares Swiss has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
JavaScript chart by amCharts 3.21.15Nov 29DecDec 03Dec 05Dec 07Dec 09Dec 11Dec 13-1.5%-1.0%-0.5%0%0.5%1.0% 50100200300400500600700800
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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IShares Swiss regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares Swiss etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Swiss etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Swiss etf over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Nov 29DecDec 03Dec 05Dec 07Dec 09Dec 11Dec 13158.5159.0159.5160.0160.5161.0161.5162.0
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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IShares Swiss Lagged Returns

When evaluating IShares Swiss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Swiss etf have on its future price. IShares Swiss autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares Swiss autocorrelation shows the relationship between IShares Swiss etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Swiss Dividend.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Nov 14Nov 18Nov 22Nov 26Nov 30DecDec 08Dec 12158.0158.5159.0159.5160.0160.5161.0161.5162.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
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Other Information on Investing in IShares Etf

IShares Swiss 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 Swiss security.
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