(IWDD) iShares Core MSCI World - Ratings and Ratios

The iShares Core MSCI World UCITS ETF USD (Dist) is a globally diversified equity ETF that tracks the Morningstar Global TME NR USD index, offering broad exposure to large-cap stocks across developed markets. With its roots in the Netherlands, this ETF is designed to provide investors with a low-cost, efficient way to gain access to a wide range of international equities.

From a technical standpoint, the ETF has been exhibiting a bullish trend, with its short-term and medium-term moving averages (SMA20 and SMA50) indicating a potential upward momentum. The current price of 6.08 is above both the SMA20 (5.80) and SMA50 (5.96), suggesting a strong short-term outlook. However, the SMA200 (6.04) is slightly above the current price, indicating a potential resistance level. The Average True Range (ATR) of 0.13, representing 2.07% of the current price, suggests moderate volatility.

Fundamentally, the ETF has a substantial Assets Under Management (AUM) of 521.49M EUR, indicating a reasonable level of investor interest and liquidity. As the ETF is categorized under Global Large-Cap Blend Equity, it is likely to be less volatile than smaller-cap or sector-specific ETFs, making it a potentially attractive option for investors seeking broad, stable exposure to global equities.

Based on the available technical and fundamental data, a forecast for the iShares Core MSCI World UCITS ETF USD (Dist) could be constructed. Given the current bullish trend and the ETFs position relative to its moving averages, a potential target price could be around 6.40, representing a 4.9% increase from the current price. However, if the ETF encounters resistance at the SMA200 (6.04) and fails to break through, it may experience a correction, potentially dipping towards the SMA50 (5.96) or even the SMA20 (5.80) in a more bearish scenario. Investors should closely monitor the ETFs price action and adjust their strategies accordingly.