iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB:EUR1,196.50) increases 0.8% on weak volume 18 January 2021

NEWS BITES - ETF

iShares FTSE MIB UCITS ETF EUR (Dist) (L:IMIB), the 2nd largest Exchange Traded Fund by market cap in the United Kingdom, has increased EUR9.50 (or 0.8%) from its last trading session of January 15 to close at EUR1,196.50, ending a two-day streak of losses.

Its MCap is EUR9.7 billion ($11.8 billion).

The volume was 0.6 times the average daily trading of 147,603 units.

THE PAST WEEK [Price down 1.6% to EUR1,187.0]

In the past week the ETF fell on 3 days, and was untraded on 2 days.

DAYHeadlineClose price [EUR]Price Change %Comment
Jan 15(IMIB:EUR1,187.0) in 2nd consecutive fall, nears one-month low1,187-1.09Steepest Fall
Jan 14(IMIB:EUR1,200.10) decreases 0.5% on strong volume1,200.1-0.51Top Rise
Jan 12(IMIB:EUR1,206.30) falls in 4 out of last 5 days1,206.3-1.03

SECTION 1

ISHARES FTSE MIB UCITS ETF EUR (DIST) BULLISH SIGNALS

1.1 Technicals:

+ The 5.9% discount to 12-month high of EUR1,271.80 against the 52.9% premium to 12-month low of EUR782.50 suggests the ETF continues to push for new highs.

+ The present value of EUR1,000 (PV1000) invested five years ago in iShares FTSE MIB UCITS ETF EUR (Dist) is EUR1,366, including a capital gain of EUR365 and dividend reinvested of 54c.

+ 5 years Multiplier in EUR = 1.366x

+ Compound Annual Growth Rate (CAGR) in EUR = 6.4%

Present Value of USD1,000 invested 5 years ago:

+ The present value of USD1,000 (PV1000) invested five years ago in iShares FTSE MIB UCITS ETF EUR (Dist) is $1,304, including a capital gain of $304 and dividend reinvested of 52c.

+ 5 years ago EUR 1 equalled USD 1.2792

+ 5 years Multiplier in USD = 1.304x

+ Compound Annual Growth Rate (CAGR) in USD = 5.5%

1.2 High Performance Indicators:

DescriptionValueRank In Market
% Prem to Vol Wtd Price8,837.8In Top 1%
Price Change %0.8In Top Quartile

SECTION 2

ISHARES FTSE MIB UCITS ETF EUR (DIST) BEARISH SIGNALS

Technicals:

+ The price decreased 1.8% in the last week.

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Present Value of EUR1000 invested in the past:

+ The present value of EUR1,000 (PV1000) invested one year ago in iShares FTSE MIB UCITS ETF EUR (Dist) is EUR985, for a capital loss of EUR15.

A comparison with Morgan Stanley Capital International World Index [MSCI World] is shown below:

PV10001-week1-month1-year
IMIB.L9821,012985
MSCI World

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverEUR1.2 million ($1.4 million)In 2nd Quartile

3.3 Trailing 3 months

Turnover$61.7 million
Volume3,951,609
Volume Index (1 is avg)0.4

3.4 Trailing Price Change %

Price Change %QuarterYear3 Years
IMIB12.8-1.5-4.7
MSCI World---

3.5 Year-on-Year Comparison (Trailing year - ended 31 Dec)

In the past 5 years, IMIB has jumped 20.5% from 986.92 to 1,189.7, an average annual compound rise of 3.8%.

20202019201820172016
Close1,189.71,191.9987.951,166.7986.92
% Price Change5.637.9-17.8-6.430.5
Avg Daily Volume258,222284,098864,367553,400637,917
VWP1,186.23931.85908.02972.14983.58
Turnover Period1 yr 54 d1 yr 2 mo3 mo6 mo8 mo
Price Range782.5 - 1,271.8978.3 - 1,243.6953.4 - 1,296.4779.14 - 1,239.55740.71 - 1,110.57

In the past 4 years average daily volume has declined 59.5% from 637,917 units to 258,222 units. Turnover period has increased from 8 months to 1 year 54 days. This indicates a larger number of core investors, making a long-term investment safer.

Aggregate Volumes, Prices and Turnover Period:

[Volume Index or VI in brackets; 1 is average]

+ Italy: IMIB.MI 83,561 [VI of 0.8] volume 95.37% of aggregate. Price: EUR13.45.

+ United Kingdom: IMIB.L 4,057 [VI of 0.2] volume 4.63% of aggregate. Price: GBX1,196.50.

+ Aggregate volume: there were 87,618 units of iShares FTSE MIB UCITS ETF EUR (Dist) worth EUR1.2 million traded today. The aggregate volume was 0.7 times average trading of 120,000 units.

SECTION 4

RANKING

4.1 Global Rank out of 5,066 ETFs

The present value of $US1,000 invested a year ago is $US1,079, ranking it 2052 out of 5,066 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 58.

DescriptionValueRankQuartile
Net Assets (US$)302.5M1243Top
Rel Strength 6 Mo (US$)582118Second
PV$1000 (1Year) US$*1,0792052Second

* 1 year ago EUR 1 equalled USD 1.1149

Jan 18, 2021: EUR 1 equals USD 1.2214

4.2 Rank in the Total United Kingdom ETF Market [out of 377 ETFs]

DescriptionValueRank
Rel Strength 6 Mon (GBP)51185
PV1000-1Year (GBP)985152

SECTION 5

PROFILE

5.1 Description

iShares FTSE MIB UCITS ETF EUR (Dist) is an open-end, UCITS compliant exchange traded fund incorporated in Ireland. The Fund tracks the FTSE MIB Index.

5.2 SNAPSHOT

iShares FTSE MIB UCITS ETF EUR (Dist) (L:IMIB)

ISIN: IE00B1XNH568

Inception DateJuly 06, 2007
Expense Ratio0.3% of average net assets
CategoryItaly Equity
Asset ClassEquity ETF

5.3 IMIB ETF Dashboard [traded in Euro, EUR]

CurrencyEUR 1 = USD 1.22
Jan 18 closeEUR1,196.50
Ave Daily Volume147,603 units
52-Week Range (In EUR)782.50 - 1,271.80
Units Outstanding8,100,000
Market CapEUR9.7 billion [$11.8 billion]

5.4 Management Fees

+ The management fee is 0.35% of total assets

IMIB.L

Source: www.BuySellSignals.com