(IWDE) iShares MSCI World EUR - Ratings and Ratios

The iShares MSCI World EUR Hedged UCITS ETF (Acc) is an exchange-traded fund that provides investors with exposure to a diversified portfolio of global equities, hedged against euro currency fluctuations. As a Switzerland-domiciled ETF, it is designed to track the performance of the MSCI World Index, which comprises large- and mid-cap stocks from developed markets worldwide.

From a technical analysis perspective, the ETFs price action indicates a bullish trend, as the short-term Simple Moving Average (SMA20) is above the long-term SMA50 and SMA200. The Average True Range (ATR) suggests a relatively stable volatility profile, with a daily price movement of 0.73%. Given the current price of 95.20, we can expect a potential breakout above the 52-week high of 96.62, driven by the upward momentum.

Fundamentally, the ETFs Assets Under Management (AUM) stand at approximately 3.54 billion EUR, indicating a significant investor base and liquidity. As the ETF tracks the MSCI World Index, its performance is closely tied to the global economic outlook. With the current global economic trends and the hedging strategy in place, we can anticipate a continued upward trajectory for the ETF.

Forecasting the ETFs future performance using a combination of technical and fundamental analysis, we can expect the price to reach 100 EUR within the next 6-12 months, driven by the bullish trend, stable volatility, and the underlying global equity market performance. However, it is essential to monitor the ETFs tracking error, fees, and overall market conditions to adjust the investment strategy accordingly.