(SAWD) iShares MSCI World ESG - Ratings and Ratios

The iShares MSCI World ESG Screened UCITS ETF USD (Acc) is a Swiss-originated, globally diversified equity ETF that tracks the Morningstar Global TME NR USD Index, providing investors with exposure to large-cap stocks worldwide while adhering to ESG (Environmental, Social, and Governance) screening criteria.

By focusing on companies that meet specific ESG standards, this ETF aims to offer a more sustainable investment option. The funds investment strategy is geared towards long-term growth, making it suitable for investors seeking to balance financial returns with responsible investing principles.

From a technical standpoint, the ETFs price action indicates a bullish trend, with its current price of 10.77 being above both its 20-day (10.55) and 50-day (10.04) simple moving averages, as well as its 200-day SMA (10.15). The Average True Range (ATR) of 0.09, or 0.83%, suggests relatively stable price movements. Given the current technical indicators, a potential forecast could be that the ETF continues its upward trajectory, potentially testing new 52-week highs above 10.77, driven by the momentum indicated by its SMA crossovers.

Fundamentally, the ETFs Assets Under Management (AUM) stand at approximately $4.2 billion USD, indicating a significant investor base and liquidity. Combining this fundamental strength with the technical trend, a plausible forecast is that the ETF could continue to attract investors, potentially driving its price higher as it benefits from both its ESG appeal and its technical momentum.

Forecasting further, if the ETF maintains its current trend and the global equity markets continue to favor ESG-compliant companies, the iShares MSCI World ESG Screened UCITS ETF could see its price appreciate. A potential target could be in the range of 11.20 to 11.50, representing a 4-7% increase from its current price, assuming the continuation of the current technical and fundamental trends.