(IVLU) iShares Edge MSCI Intl - Ratings and Ratios

The iShares Edge MSCI Intl Value Factor ETF (IVLU) is an exchange-traded fund that tracks the MSCI World ex USA Value Index, focusing on international value stocks. By investing at least 80% of its assets in the underlying indexs component securities or similar investments, the fund provides broad exposure to developed international markets, excluding the US. The remaining 20% can be allocated to derivatives, cash, and other securities not included in the index, allowing for some flexibility in managing the portfolio.

The underlying MSCI World ex USA Index is a market capitalization-weighted index that represents the performance of developed markets outside the US. The value factor tilt of IVLU means it targets stocks with lower valuations, potentially offering a value premium over the broader market. This strategy is based on the premise that value stocks, which are often undervalued by the market, will outperform growth stocks over the long term.

From a technical analysis perspective, IVLUs price action indicates a bullish trend, with the short-term Simple Moving Average (SMA20) at $32.85 and the long-term SMA200 at $29.13, suggesting an upward trajectory. The Average True Range (ATR) of 0.28, or 0.83%, indicates relatively moderate volatility. Given the current price of $33.44, near its 52-week high, and the positive slope of the moving averages, the technical outlook is favorable.

Fundamentally, IVLU has a substantial Assets Under Management (AUM) of $2.24 billion, indicating a decent level of investor interest and liquidity. The funds focus on international value stocks could be attractive in a global investment landscape where value is expected to rotate back into favor. Considering the current valuation metrics and the technical trend, a potential forecast could be that IVLU continues to appreciate, potentially reaching $35.00 in the next 6-12 months, driven by a rebound in international value stocks and a continuation of the current uptrend.

To validate this forecast, its essential to monitor both the macroeconomic environment, particularly factors influencing international markets and the value premium, and technical indicators, such as the SMA20 and SMA50 crossovers, and the Relative Strength Index (RSI) to gauge the momentum and potential overbought or oversold conditions. Adjustments to the forecast should be made based on significant changes in these factors.