(IWDE) iShares MSCI World EUR - Ratings and Ratios

The iShares MSCI World EUR Hedged UCITS ETF (Acc) is an exchange-traded fund listed on the Amsterdam stock exchange, providing investors with exposure to a diversified portfolio of international equities. The fund tracks the MSCI World Index, which comprises large and mid-cap stocks from developed markets worldwide, while hedging the currency risk to euros.

From a technical analysis perspective, the ETFs price action indicates a bullish trend, with the short-term Simple Moving Average (SMA20) at €94.19 and the long-term SMA200 at €91.70. The current price of €95.39 is above both SMAs, suggesting a potential continuation of the upward trend. The Average True Range (ATR) of 0.92 indicates a relatively low volatility, which may attract risk-averse investors.

Fundamentally, the ETF has a substantial Assets Under Management (AUM) of €3.53 billion, demonstrating its popularity among investors. The funds underlying index, MSCI World, is a widely followed benchmark for international equities, providing broad diversification across sectors and geographies.

Combining technical and fundamental insights, a forecast for the IWDE ETF can be derived. Based on the bullish trend and relatively low volatility, we can expect the ETFs price to continue its upward trajectory. Assuming the MSCI World Index maintains its current momentum, the IWDE ETF may reach €100 in the next 6-12 months, representing a potential gain of 4.8% from the current price. However, investors should be cautious of potential market downturns and currency fluctuations, despite the hedging strategy in place.

To capitalize on this potential opportunity, investors may consider accumulating the IWDE ETF on dips, using the SMA20 as a reference point for potential buying opportunities. A stop-loss below the SMA50 (€90.03) could be employed to limit potential losses in case of a trend reversal.