IShares ATX (Austria) Market Value
| EX01 Etf | EUR 45.69 0.23 0.51% |
| Symbol | IShares |
IShares ATX '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 ATX'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 ATX.
| 02/15/2025 |
| 03/17/2025 |
If you would invest 0.00 in IShares ATX on February 15, 2025 and sell it all today you would earn a total of 0.00 from holding iShares ATX UCITS or generate 0.0% return on investment in IShares ATX over 30 days. IShares ATX is related to or competes with IShares Core, RATH Aktiengesellscha, Semperit Aktiengesellscha, Oesterr Post, Warimpex Finanz, and Anheuser Busch. iShares ATX is an exchange traded fund that aims to track the performance of the ATX Index as closely as possible More
IShares ATX 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 ATX'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 ATX UCITS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.3188 | |||
| Maximum Drawdown | 6.39 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 2.11 |
IShares ATX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares ATX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares ATX's standard deviation. In reality, there are many statistical measures that can use IShares ATX historical prices to predict the future IShares ATX's volatility.| Risk Adjusted Performance | 0.2074 | |||
| Jensen Alpha | 0.3066 | |||
| Total Risk Alpha | 0.4172 | |||
| Sortino Ratio | 0.3273 | |||
| Treynor Ratio | 0.7738 |
iShares ATX UCITS Backtested Returns
IShares ATX appears to be very steady, given 3 months investment horizon. iShares ATX UCITS holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for iShares ATX UCITS, which you can use to evaluate the volatility of the entity. Please utilize IShares ATX's Downside Deviation of 1.15, risk adjusted performance of 0.2074, and Market Risk Adjusted Performance of 0.7838 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares ATX's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares ATX is expected to be smaller as well.
Auto-correlation | -0.3 |
Weak reverse predictability
iShares ATX UCITS has weak reverse predictability. Overlapping area represents the amount of predictability between IShares ATX time series from 15th of February 2025 to 2nd of March 2025 and 2nd of March 2025 to 17th 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 ATX UCITS price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current IShares ATX price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
iShares ATX UCITS lagged returns against current returns
Autocorrelation, which is IShares ATX 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 ATX's etf expected returns. We can calculate the autocorrelation of IShares ATX returns to help us make a trade decision. For example, suppose you find that IShares ATX 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 ATX 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 ATX etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares ATX etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares ATX etf over time.
Current vs Lagged Prices |
| Timeline |
IShares ATX Lagged Returns
When evaluating IShares ATX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares ATX etf have on its future price. IShares ATX 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 ATX autocorrelation shows the relationship between IShares ATX etf current value and its past values and can show if there is a momentum factor associated with investing in iShares ATX UCITS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in IShares Etf
IShares ATX 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 ATX security.