IShares Correlations
| IRBODelisted Etf | USD 31.51 0.15 0.48% |
The current 90-days correlation between IShares and First Trust Nasdaq is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IShares moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
IShares Correlation With Market
Good diversification
The correlation between IShares and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding IShares and DJI in the same portfolio, assuming nothing else is changed.
IShares |
Moving against IShares Etf
| 0.41 | HUM | Humana Inc Earnings Call This Week | PairCorr |
| 0.51 | JPM | JPMorgan Chase | PairCorr |
| 0.46 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.38 | BAC | Bank of America Sell-off Trend | PairCorr |
| 0.36 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Related Correlations Analysis
| 0.92 | 0.87 | 0.59 | 0.08 | ROBT | ||
| 0.92 | 0.87 | 0.68 | 0.32 | BOTZ | ||
| 0.87 | 0.87 | 0.63 | 0.15 | ROBO | ||
| 0.59 | 0.68 | 0.63 | 0.61 | IHAK | ||
| 0.08 | 0.32 | 0.15 | 0.61 | IDNA | ||
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IShares Constituents Risk-Adjusted Indicators
There is a big difference between IShares Etf performing well and IShares ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze IShares' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ROBT | 1.09 | 0.04 | 0.02 | 0.11 | 1.38 | 1.91 | 7.34 | |||
| BOTZ | 1.02 | 0.02 | 0.01 | 0.07 | 1.26 | 1.86 | 5.41 | |||
| ROBO | 0.85 | 0.02 | 0.01 | 0.08 | 1.06 | 1.43 | 4.89 | |||
| IHAK | 0.83 | (0.03) | 0.00 | (0.08) | 0.00 | 1.48 | 6.92 | |||
| IDNA | 1.03 | (0.17) | 0.00 | (0.70) | 0.00 | 1.55 | 5.86 |
Delisting Warning - IRBO
IShares was delisted
| The entity IShares with a symbol IRBO was delisted from NASDAQ Exchange. Please try iShares Future AI with a symbol ARTY from now on. Check all delisted instruments accross multiple markets. |
Still Interested in IShares?
Investing in delisted delisted etfs can be risky, as the etf is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.