IShares Tech Financial Statements From 2010 to 2024
| TECB Etf | USD 54.90 0.19 0.35% |
Check IShares Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares Tech's main balance sheet or income statement drivers, such as , as well as many indicators such as . IShares financial statements analysis is a perfect complement when working with IShares Tech Valuation or Volatility modules.
IShares |
iShares Tech Breakthrough ETF Beta Analysis
IShares Tech's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current IShares Tech Beta | 1.23 |
Most of IShares Tech's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares Tech Breakthrough is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, iShares Tech Breakthrough has a Beta of 1.23. This is much higher than that of the iShares family and significantly higher than that of the Technology category. The beta for all United States etfs is notably lower than that of the firm.
About IShares Tech Financial Statements
IShares Tech stakeholders use historical fundamental indicators, such as IShares Tech's revenue or net income, to determine how well the company is positioned to perform in the future. Although IShares Tech investors may analyze each financial statement separately, they are all interrelated. For example, changes in IShares Tech's assets and liabilities are reflected in the revenues and expenses on IShares Tech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in iShares Tech Breakthrough. Please read more on our technical analysis and fundamental analysis pages.
The underlying index measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. Ishares US is traded on NYSEARCA Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether iShares Tech Breakthrough offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Tech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Tech Breakthrough Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Tech Breakthrough Etf:Check out the analysis of IShares Tech Correlation against competitors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of iShares Tech Breakthrough is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Tech's value that differs from its market value or its book value, called intrinsic value, which is IShares Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Tech's market value can be influenced by many factors that don't directly affect IShares Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.