IShares SMI (Switzerland) Market Value

CSSMI Etf  CHF 134.76  1.70  1.25%   
IShares SMI's market value is the price at which a share of IShares SMI trades on a public exchange. It measures the collective expectations of iShares SMI ETF investors about its performance. IShares SMI is selling for under 134.76 as of the 5th of March 2025; that is 1.25% down since the beginning of the trading day. The etf's lowest day price was 134.66.
With this module, you can estimate the performance of a buy and hold strategy of iShares SMI ETF and determine expected loss or profit from investing in IShares SMI over a given investment horizon. Check out IShares SMI Correlation, IShares SMI Volatility and IShares SMI Alpha and Beta module to complement your research on IShares SMI.
Symbol

Please note, there is a significant difference between IShares SMI's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares SMI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares SMI's 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 SMI '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 SMI's 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 SMI.
0.00
02/03/2025
No Change 0.00  0.0 
In 30 days
03/05/2025
0.00
If you would invest  0.00  in IShares SMI on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding iShares SMI ETF or generate 0.0% return on investment in IShares SMI over 30 days. IShares SMI is related to or competes with IShares Core, UBS ETF, Vanguard FTSE, UBS ETF, and IShares Corp. ISh SMI is traded on Switzerland Exchange in Switzerland. More

IShares SMI 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 SMI's 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 SMI ETF upside and downside potential and time the market with a certain degree of confidence.

IShares SMI Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares SMI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares SMI's standard deviation. In reality, there are many statistical measures that can use IShares SMI historical prices to predict the future IShares SMI's volatility.
Hype
Prediction
LowEstimatedHigh
135.77136.46137.15
Details
Intrinsic
Valuation
LowRealHigh
133.46134.15150.11
Details
Naive
Forecast
LowNextHigh
137.01137.70138.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
115.72126.55137.37
Details

iShares SMI ETF Backtested Returns

Currently, iShares SMI ETF is very steady. iShares SMI ETF holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for iShares SMI ETF, which you can use to evaluate the volatility of the entity. Please check out IShares SMI's Downside Deviation of 0.8394, market risk adjusted performance of 4.63, and Risk Adjusted Performance of 0.1829 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The etf retains a Market Volatility (i.e., Beta) of 0.0345, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares SMI's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares SMI is expected to be smaller as well.

Auto-correlation

    
  0.72  

Good predictability

iShares SMI ETF has good predictability. Overlapping area represents the amount of predictability between IShares SMI time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th of March 2025. 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 SMI ETF price movement. The serial correlation of 0.72 indicates that around 72.0% of current IShares SMI price fluctuation can be explain by its past prices.
Correlation Coefficient0.72
Spearman Rank Test0.73
Residual Average0.0
Price Variance1.13

iShares SMI ETF lagged returns against current returns

Autocorrelation, which is IShares SMI 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 SMI's etf expected returns. We can calculate the autocorrelation of IShares SMI returns to help us make a trade decision. For example, suppose you find that IShares SMI 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   
       Timeline  

IShares SMI 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 SMI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares SMI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares SMI etf over time.
   Current vs Lagged Prices   
       Timeline  

IShares SMI Lagged Returns

When evaluating IShares SMI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares SMI etf have on its future price. IShares SMI 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 SMI autocorrelation shows the relationship between IShares SMI etf current value and its past values and can show if there is a momentum factor associated with investing in iShares SMI ETF.
   Regressed Prices   
       Timeline  

Also Currently Popular

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Other Information on Investing in IShares Etf

IShares SMI 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 SMI security.