IShares VII (Germany) Market Value
| SXRZ Etf | EUR 239.25 2.65 1.12% |
| Symbol | IShares |
IShares VII '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 VII'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 VII.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in IShares VII on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding iShares VII PLC or generate 0.0% return on investment in IShares VII over 30 days. IShares VII is related to or competes with UBS Fund, IShares Core, and IShares Core. The investment objective of the Fund is to deliver the net total return performance of the Reference Index , less the fe... More
IShares VII 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 VII'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 VII PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.43 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.19 |
IShares VII Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares VII's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares VII's standard deviation. In reality, there are many statistical measures that can use IShares VII historical prices to predict the future IShares VII's volatility.| Risk Adjusted Performance | 0.005 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0.01) |
iShares VII PLC Backtested Returns
At this point, IShares VII is very steady. iShares VII PLC holds Efficiency (Sharpe) Ratio of 0.0116, which attests that the entity had a 0.0116% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for iShares VII PLC, which you can use to evaluate the volatility of the entity. Please check out IShares VII's Downside Deviation of 1.27, risk adjusted performance of 0.005, and Market Risk Adjusted Performance of 0.0021 to validate if the risk estimate we provide is consistent with the expected return of 0.0141%. The etf retains a Market Volatility (i.e., Beta) of 0.99, which attests to possible diversification benefits within a given portfolio. IShares VII returns are very sensitive to returns on the market. As the market goes up or down, IShares VII is expected to follow.
Auto-correlation | 0.60 |
Good predictability
iShares VII PLC has good predictability. Overlapping area represents the amount of predictability between IShares VII time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 VII PLC price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current IShares VII price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 3.37 |
iShares VII PLC lagged returns against current returns
Autocorrelation, which is IShares VII 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 VII's etf expected returns. We can calculate the autocorrelation of IShares VII returns to help us make a trade decision. For example, suppose you find that IShares VII 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 VII 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 VII etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares VII etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares VII etf over time.
Current vs Lagged Prices |
| Timeline |
IShares VII Lagged Returns
When evaluating IShares VII's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares VII etf have on its future price. IShares VII 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 VII autocorrelation shows the relationship between IShares VII etf current value and its past values and can show if there is a momentum factor associated with investing in iShares VII PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in IShares Etf
IShares VII 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 VII security.