Global exchange-traded fund - ISHARES VI PLC ISHARES MSCI EUROPE MIN VOLATILITY
ISH EUR MIN VOL increases on weak volume 17 October, 2017
NEWS BITES - ETF
iShares MSCI Europe Minimum Volatility UCITS ETF (L:IMV), the 35th largest Exchange Traded Fund by market cap in the United Kingdom, has increased GBX8.0 (or 0.2%) from its last trading session of October 16, 2017 to close at GBX3,686.0. Compared with the Morgan Stanley Capital International United Kingdom Index which fell 20.2 points (0.2%) in the day, the relative price increase was 0.4%. The volume was 0.6 times the average daily trading of 12,393 units., ending a two-day streak of losses.
ISH EUR MIN VOL BULLISH SIGNALS
+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 3,677.68 minus the 26-day EMA of 3,661.38 is positive 16.31 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.
+ Rises to Falls: in the past month the number of rises outnumbered falls 14:8 or 1.8:1.
+ In the last three months the ETF has hit a new 52-week high twice.
+ The present value of GBP1,000 (PV1000) invested three years ago in ISH EUR MIN VOL is GBP1,536, for a capital gain of GBP536.
+ 3 years Multiplier in GBP = 1.536x
+ Compound Annual Growth Rate (CAGR) in GBP = 15.2%
Present Value of USD1,000 invested 3 years ago:
+ The present value of USD1,000 (PV1000) invested three years ago in ISH EUR MIN VOL is $US1,266, for a capital gain of $US266.
+ 3 years ago GBP 1 equalled USD 1.6
+ 3 years Multiplier in USD = 1.266x
+ Compound Annual Growth Rate (CAGR) in USD = 8.1%
1.2 High Performance Indicator:
|Description||Value||Rank In Market|
|Price/MAP50||1.01||In Top Quartile|
ISH EUR MIN VOL BEARISH SIGNALS
+ The price decreased 0.1% in the last week.
+ The 1.4% discount to 12-month high of GBX3,740.0 against the 16.8% premium to 12-month low of GBX3,156.50 suggests the climb might be peaking.
2.2 Overbought/Bearish/Resistance Signals:
+ The Relative Strength Index (RSI) of 74.6 has penetrated the overbought line of 70, suggesting the price gain of 3.1% in the last 14 days is unusually high.
+ The Stochastic indicator of 81.5 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.
2.3 Low Performance Indicator:
|Description||Value||Rank In Market|
|Volatility %||1.0||In Bottom Quartile|
PRICE VOLUME DYNAMICS
Year-on-Year Comparison (Trailing year - ended 29 Sep)
In the past 4 years, IMV has jumped 53.9% from 2,341 to 3,603, an average annual compound rise of 11.4%.
|% Price Change||18.2||15.1||4||8.7|
|Avg Daily Volume||19,755||26,321||25,061||3,717||1,819|
|Turnover Period||3 yrs 8 mo||2 yrs 3 mo||2 yrs 2 mo||5 yrs 18 d||8 yrs 17 d|
|Price Range||3,156.5 - 3,740||2,574 - 3,047||2,399.75 - 2,923.5||2,293.46 - 2,640||2,028 - 2,411.5|
In the past 4 years average daily volume has jumped 986% from 1,819 units to 19,755 units. Turnover period has decreased from 8 years 17 days to 3 years 8 months.
4.1 Global Rank out of 5,706 ETFs
Its 6-month relative strength (or price percentile rank) in USD is 18.
|Net Assets (US$)||1.4B||471||Top|
|Rel Strength 6 Mo (US$)||18||4655||Bottom|
* 1 year ago GBP 1 equalled USD 1.22
Oct 17, 2017: GBP 1 equals USD 1.3184
4.2 Rank in the Total United Kingdom ETF Market [out of 593 ETFs]
|Rel Strength 6 Mon (GBP)||83||100|
iShares MSCI Europe Minimum Volatility UCITS ETF is an open-end, UCITS compliant exchange traded fund incorporated in Ireland. The Fund aims to track the performance of the MSCI Europe Minimum Volatility Index. The fund reinvests income received back into the fund.
iShares MSCI Europe Minimum Volatility UCITS ETF (L:IMV)
|Inception Date||December 03, 2012|
|Expense Ratio||0.2% of average net assets|
|Asset Class||Equity ETF|
5.3 Management Fees
+ The management fee is 0.25% of total assets