Global exchange-traded fund - ISHARES PLC ISHARES GLOBAL CORPORATE BOND
ISH GLOBAL CORP hits year-low 1st time in three months 17 January, 2018
NEWS BITES - ETF
ISHARES PLC ISHARES GLOBAL CORPORATE BOND (L:CRPS), the 42nd largest Exchange Traded Fund by market cap in the United Kingdom, hit a 52-week low of GBP72.59 during the day. In the last three months the ETF has hit a new 52-week low once. The ETF price has decreased 27.0 GBX (or 0.4%) from its last trading session of January 16, 2018 to close at GBP72.81.
ISH GLOBAL CORP BEARISH SIGNALS
+ The price decreased 1.4% in the last week and dropped 2.3% in the last month.
+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 73.5 minus the 26-day EMA of 73.83 is negative 0.33 suggesting a bearish signal. Both EMA prices are falling, another bearish signal.
+ Falls to Rises: in the past month the number of falls outnumbered rises 13:8 or 1.6:1.
1.2 Low Performance Indicator:
|Description||Value||Rank In Market|
|Volatility %||1.2||In Bottom Quartile|
ISH GLOBAL CORP BULLISH SIGNALS
+ The present value of GBP1,000 (PV1000) invested five years ago in ISH GLOBAL CORP is GBP1,227, including a capital gain of GBP141 and dividend reinvested of GBP87.
+ 5 years Multiplier in GBP = 1.227x
+ Compound Annual Growth Rate (CAGR) in GBP = 4.2%
Present Value of USD1,000 invested 5 years ago:
+ The present value of USD1,000 (PV1000) invested five years ago in ISH GLOBAL CORP is $US1,053, including a capital loss of $US22 and dividend reinvested of $US74.
+ 5 years ago GBP 1 equalled USD 1.6079
+ 5 years Multiplier in USD = 1.053x
+ Compound Annual Growth Rate (CAGR) in USD = 1.0%
2.2 Oversold/Bullish/Support Signals:
+ The Relative Strength Index (RSI) of 23.4 has breached the oversold line of 30, suggesting the price decrease of 1.8% in the last 14 days is unusually high.
+ The ETF is oversold according to the Williams % R indicator of -89.5, suggesting the price is close to its 14-day low of GBP72.59.
PRICE VOLUME DYNAMICS
+ Volume: there were 5,123 units worth GBP373,774 (US$515,520) traded today. In the past week, volume was 0.6 times average and the units were down 1.4%. The volume was 0.8 times the average daily trading of 6,411 units.
+ ISH GLOBAL CORP is at a discount of 7.3% to its 12-month high of GBP78.56 on August 24, 2017. It is also at a premium of 0.3% to the 12-month low of GBP72.59 on January 17.
+ The present value of GBP1,000 (PV1000) invested one year ago in ISH GLOBAL CORP is GBP959, comprising a capital loss of GBP56 and dividend reinvested of GBP15.
|Morgan Stanley Capital International World Index [MSCI World]||1,000||1,004||1,182|
3.2 Performance Indicator:
|Description||Value||Rank In Market|
|Today's Turnover||GBP373,774 (US$515,520)||In 2nd Quartile|
3.3 Year-on-Year Comparison (Trailing year - ended 29 Dec)
In the past 5 years, CRPS has jumped 23.0% from 60.26 to 74.11, an average annual compound rise of 4.2%.
|% Price Change||-3.7||21.5||-1.1||6.4||-4.8|
|Avg Daily Volume||6,599||9,413||4,807||2,759||1,431|
|Turnover Period||2 yrs 6 mo||2 yrs 13 d||3 yrs 10 mo||7 yrs 5 mo||19 yrs 9 mo|
|Price Range||72.65 - 79.5||39.34 - 80.74||60.29 - 66.64||59.78 - 64.21||60.26 - 67.91|
In the past 4 years average daily volume has jumped 361.1% from 1,431 units to 6,599 units. Turnover period has decreased from 19 years 9 months to 2 years 6 months.
4.1 Global Rank out of 5,648 ETFs
The present value of $US1,000 invested a year ago is $US1,086, ranking it 3585 out of 5,648 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 23.
|Net Assets (US$)||2B||366||Top|
|Rel Strength 6 Mo (US$)||23||4354||Bottom|
|PV$1000 (1Year) US$*||1,086||3585||Third|
* 1 year ago GBP 1 equalled USD 1.2181
Jan 17, 2018: GBP 1 equals USD 1.3792
4.2 Rank in the Total United Kingdom ETF Market [out of 561 ETFs]
|Rel Strength 6 Mon (GBP)||90||56|
iShares Global Corporate Bond UCITS ETF is an open-end, UCITS compliant exchange traded fund incorporated in Ireland. The Fund aims to track the performance of the Barclays Global Aggregate Corporate Bond Index. The fund distributes income received to shareholders.
ISHARES PLC ISHARES GLOBAL CORPORATE BOND (L:CRPS)
|Inception Date||September 25, 2012|
|Expense Ratio||0.2% of average net assets|
|Asset Class||Fixed Income ETF|
5.3 Management Fees
+ The management fee is 0.2% of total assets
|Dividend Date:||March 16, 2017|