Ishares Global Healthcare Etf Performance
| XHC Etf | CAD 67.71 0.49 0.72% |
The etf retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Global is expected to be smaller as well.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in iShares Global Healthcare are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, IShares Global is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
IShares |
IShares Global Relative Risk vs. Return Landscape
If you would invest 6,549 in iShares Global Healthcare on December 26, 2024 and sell it today you would earn a total of 271.00 from holding iShares Global Healthcare or generate 4.14% return on investment over 90 days. iShares Global Healthcare is generating 0.0691% of daily returns assuming 0.7258% volatility of returns over the 90 days investment horizon. Simply put, 6% of all etfs have less volatile historical return distribution than IShares Global, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IShares Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Global Healthcare, and traders can use it to determine the average amount a IShares Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0952
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | XHC | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average IShares Global is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Global by adding it to a well-diversified portfolio.
IShares Global Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Global, and IShares Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Total Asset | 288.49 M | |||
About IShares Global Performance
By examining IShares Global's fundamental ratios, stakeholders can obtain critical insights into IShares Global's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that IShares Global is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The investment seeks to replicate, net of expenses, the performance of the SP Global 1200 Health Care Sector Canadian Dollar Hedged index. iSHARES GLOBAL is traded on Toronto Stock Exchange in Canada.| The fund keeps 98.46% of its net assets in stocks |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares Global Healthcare. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.