(QDVH) iShares SP500 Financials - Ratings and Ratios

The iShares S&P500 Financials Sector UCITS ETF (XETRA:QDVH) is an exchange-traded fund that tracks the Morningstar Global Financial Services Index, providing investors with exposure to the financial services sector. The fund is domiciled in Germany and is designed to replicate the performance of the underlying index, which comprises stocks of companies operating in the financial services industry.

By investing in QDVH, investors gain access to a diversified portfolio of financial services companies, including banks, insurance companies, and other financial institutions. The funds underlying index is denominated in USD, but the fund itself is priced in EUR, which may result in currency exchange effects. The funds assets under management (AUM) stand at approximately 1.12 billion EUR, indicating a moderate level of liquidity.

From a technical analysis perspective, the funds price is currently at 12.77 EUR, with a short-term bullish trend indicated by the SMA20 being above the SMA50. However, the SMA200 at 13.09 EUR suggests that the long-term trend is still bearish. The Average True Range (ATR) of 0.18 EUR (1.43%) indicates moderate volatility. Given the current technical setup, a potential trading opportunity may arise if the price breaks above the SMA20 at 12.97 EUR, potentially targeting the 52-week high of 14.63 EUR.

Using a combination of technical and fundamental analysis, a forecast for QDVH can be made. Assuming a moderate recovery in the global financial services sector, driven by improving economic conditions, the funds price is likely to appreciate. Based on the current technical setup and fundamental data, a potential price target for QDVH could be around 14.00 EUR, representing a 9% increase from the current price. However, this forecast is contingent on the funds ability to break above the SMA20 and sustain a bullish trend.