Technical Analysis for iShares Digital Security UCITS ETF USD Dist GBP

Analysis Type	SHLD	IS4S.DE	SHLG.L	SHLD.L
d_volDaily Volatility	1.53%	1.40%	1.32%	1.44%
d_vol_tdTrailing Daily Volatility	24.30%	22.18%	20.98%	22.92%
d_vol_cdCurrent Daily Volatility	29.25%	26.69%	25.25%	27.58%
beta3yr3-Year Beta	0.482074	0.619100	0.596844	0.615830
d_alphaDaily Alpha	0.636723	0.069580	0.099000	0.126810
an_sharpe_ratioAnnual Sharpe Ratio	2.556280	0.392989	0.573295	0.679255
Best Exchange Ticker	SHLD	IS4S.DE	SHLG.L	SHLD.L

Metric Commentary

Volatility Metrics

Volatility metrics measure the degree of price fluctuation in the ETF, helping investors assess risk. Lower volatility is generally preferred for stability, while higher volatility may appeal to risk-tolerant investors.

Daily Volatility

Daily Volatility measures the standard deviation of daily returns, indicating the ETF’s price fluctuation on a daily basis. Lower values suggest stability, while higher values indicate greater risk.

SHLD: 1.53% - Moderate volatility (typical, 1–2%). This indicates a balanced risk profile, common for diversified ETFs.
IS4S.DE: 1.40% - Moderate volatility (typical, 1–2%). This indicates a balanced risk profile, common for diversified ETFs.
SHLG.L: 1.32% - Moderate volatility (typical, 1–2%). This indicates a balanced risk profile, common for diversified ETFs.
SHLD.L: 1.44% - Moderate volatility (typical, 1–2%). This indicates a balanced risk profile, common for diversified ETFs.

Trailing Daily Volatility

Trailing Daily Volatility annualizes daily price fluctuations over a trading year (252 days), providing a longer-term view of risk. Lower values are preferable for conservative strategies.

SHLD: 24.30% - Moderate volatility (trading days, 20–30%). This aligns with typical ETF behavior, balancing risk and return for most investors.
IS4S.DE: 22.18% - Moderate volatility (trading days, 20–30%). This aligns with typical ETF behavior, balancing risk and return for most investors.
SHLG.L: 20.98% - Moderate volatility (trading days, 20–30%). This aligns with typical ETF behavior, balancing risk and return for most investors.
SHLD.L: 22.92% - Moderate volatility (trading days, 20–30%). This aligns with typical ETF behavior, balancing risk and return for most investors.

Current Daily Volatility

Current Daily Volatility annualizes fluctuations over a calendar year (365 days), reflecting recent market conditions. It helps assess short-term risk exposure.

SHLD: 29.25% - Moderate volatility (calendar days, 25–35%). This reflects typical recent market behavior, suitable for balanced portfolios.
IS4S.DE: 26.69% - Moderate volatility (calendar days, 25–35%). This reflects typical recent market behavior, suitable for balanced portfolios.
SHLG.L: 25.25% - Moderate volatility (calendar days, 25–35%). This reflects typical recent market behavior, suitable for balanced portfolios.
SHLD.L: 27.58% - Moderate volatility (calendar days, 25–35%). This reflects typical recent market behavior, suitable for balanced portfolios.

Other Technical Metrics

These metrics provide insights into the ETF’s performance relative to the market, risk-adjusted returns, and excess returns, aiding in the evaluation of its investment potential.

3-Year Beta

3-Year Beta measures the ETF’s volatility relative to the market over three years. A beta near 1 indicates market-like behavior, while values above or below suggest higher or lower risk.

SHLD: 0.482074 - Low beta (less volatile than market, < 0.8). This indicates reduced exposure to market swings, ideal for defensive portfolios.
IS4S.DE: 0.619100 - Low beta (less volatile than market, < 0.8). This indicates reduced exposure to market swings, ideal for defensive portfolios.
SHLG.L: 0.596844 - Low beta (less volatile than market, < 0.8). This indicates reduced exposure to market swings, ideal for defensive portfolios.
SHLD.L: 0.615830 - Low beta (less volatile than market, < 0.8). This indicates reduced exposure to market swings, ideal for defensive portfolios.

Daily Alpha

Daily Alpha represents the ETF’s excess return over a benchmark, adjusted for risk. Positive alpha indicates outperformance, making it a key metric for active investors.

SHLD: 0.636723 - Strong outperformance (excellent, > 5%). This suggests the ETF is delivering significant value beyond market returns, ideal for active investors.
IS4S.DE: 0.069580 - Strong outperformance (excellent, > 5%). This suggests the ETF is delivering significant value beyond market returns, ideal for active investors.
SHLG.L: 0.099000 - Strong outperformance (excellent, > 5%). This suggests the ETF is delivering significant value beyond market returns, ideal for active investors.
SHLD.L: 0.126810 - Strong outperformance (excellent, > 5%). This suggests the ETF is delivering significant value beyond market returns, ideal for active investors.

Annual Sharpe Ratio

Annual Sharpe Ratio annualizes the risk-adjusted return, providing a long-term view of performance efficiency. Values above 1 are desirable for most investors.

SHLD: 2.556280 - Very good (> 2.0). This suggests strong risk-adjusted returns, appealing for growth-oriented portfolios.
IS4S.DE: 0.392989 - Sub-optimal (< 1.0). This suggests poor risk-adjusted returns, potentially indicating inefficiencies in the ETF.
SHLG.L: 0.573295 - Sub-optimal (< 1.0). This suggests poor risk-adjusted returns, potentially indicating inefficiencies in the ETF.
SHLD.L: 0.679255 - Sub-optimal (< 1.0). This suggests poor risk-adjusted returns, potentially indicating inefficiencies in the ETF.

Moving Averages Plot For SHLG.L (GBP)

Ticker	Currency	Exchange Rate (GBP)	Adjusted Close Price (GBP)
SHLD	USD	N/A	N/A
IS4S.DE	EUR	N/A	N/A
IS4S.DE	USD	N/A	N/A
SHLG.L	GBP	N/A	N/A
SHLG.L	USD	N/A	N/A
SHLD.L	USD	N/A	N/A

This chart displays the stock price of SHLG.L along with its 50-day and 200-day moving averages. Areas shaded in green indicate periods where the short-term trend is above the long-term trend (bullish), and red indicates the opposite (bearish).

Buy (↑) signals are generated when the 50-day moving average crosses above the 200-day moving average (Golden Cross).
Sell (↓) signals are triggered when the 50-day crosses below the 200-day (Death Cross).

Trade Signals

The following table lists historical trade signals based on moving average crossovers. Prices are shown in GBP and are based on the closing price for the day of the signal.

Sector Breakdown

Note: All information is provided as is without warranty and should be used for indicative purposes only. You should independently check data before making any investment decision. This information is derived from third party sources and we cannot guarantee that their data is current, accurate, complete, free from defects etc and we therefore accept no responsibility for how it may be used. We accept no liability.