Ishares Canadian Universe Etf Performance
| XBB Etf | CAD 27.81 0.01 0.04% |
The etf retains a Market Volatility (i.e., Beta) of -0.0159, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Canadian are expected to decrease at a much lower rate. During the bear market, IShares Canadian is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days iShares Canadian Universe has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy fundamental drivers, IShares Canadian is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.05 |
IShares |
IShares Canadian Relative Risk vs. Return Landscape
If you would invest 2,794 in iShares Canadian Universe on April 21, 2025 and sell it today you would lose (13.00) from holding iShares Canadian Universe or give up 0.47% of portfolio value over 90 days. iShares Canadian Universe is producing return of less than zero assuming 0.3056% volatility of returns over the 90 days investment horizon. Simply put, 2% of all etfs have less volatile historical return distribution than IShares Canadian, 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 Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Canadian Universe, and traders can use it to determine the average amount a IShares Canadian'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 = -0.0223
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XBB |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Canadian is not performing at its full potential. However, 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 Canadian by adding IShares Canadian to a well-diversified portfolio.
IShares Canadian Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Canadian, and IShares Canadian 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.
| Price To Earning | 18.80 X | |||
| Earnings Per Share | 0.40 X | |||
| Total Asset | 4.69 B | |||
About IShares Canadian Performance
By examining IShares Canadian's fundamental ratios, stakeholders can obtain critical insights into IShares Canadian'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 Canadian 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 provide income by replicating the performance of the FTSE TMX Canada Universe Bond Index, net of expenses. ISHARES CORE is traded on Toronto Stock Exchange in Canada.| IShares Canadian generated a negative expected return over the last 90 days | |
| The fund generated five year return of -1.0% | |
| iShares Canadian Universe keeps about 96.86% of its net assets in bonds |
Other Information on Investing in IShares Etf
IShares Canadian 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 Canadian security.