IShares ESG Financials
| ELQD Etf | USD 82.29 0.24 0.29% |
Net Expense Ratio 0.0018 |
IShares |
The data published in IShares ESG's official financial statements typically reflect IShares ESG's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IShares ESG's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares ESG's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
Please note, the presentation of IShares ESG's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IShares ESG's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IShares ESG's management manipulating its earnings.
IShares ESG Etf Summary
IShares ESG competes with Schwab 1, Schwab Long, Schwab Intermediate, Schwab Short, and SPDR Portfolio. The underlying index is designed to apply climate-based and values-based screens to the Markit iBoxx USD Liquid Investment Grade Index , and also is designed to select issuers with average or above ESG ratings relative to their sector peers, as identified by MSCI ESG Research. Ishares ESG is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US46436E4373 |
| CUSIP | 46436E437 |
| Region | Global |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Corporate |
| Portfolio Concentration | Investment Grade |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares ESG's current stock value. Our valuation model uses many indicators to compare IShares ESG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares ESG competition to find correlations between indicators driving IShares ESG's intrinsic value. More Info.iShares ESG Advanced is rated # 2 ETF in one year return as compared to similar ETFs. It also is rated # 2 ETF in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares ESG by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.iShares ESG Advanced Systematic Risk
IShares ESG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares ESG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on iShares ESG Advanced correlated with the market. If Beta is less than 0 IShares ESG generally moves in the opposite direction as compared to the market. If IShares ESG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares ESG Advanced is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares ESG is generally in the same direction as the market. If Beta > 1 IShares ESG moves generally in the same direction as, but more than the movement of the benchmark.
About IShares ESG Financials
What exactly are IShares ESG Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include IShares ESG's income statement, its balance sheet, and the statement of cash flows. Potential IShares ESG investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IShares ESG investors may use each financial statement separately, they are all related. The changes in IShares ESG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares ESG's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.IShares ESG Thematic Clasifications
iShares ESG Advanced is part of several thematic ideas from Corporate ETFs to Investment Grade ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasIShares ESG November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares ESG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares ESG Advanced. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares ESG Advanced based on widely used predictive technical indicators. In general, we focus on analyzing IShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IShares ESG's daily price indicators and compare them against related drivers.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 2.01 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.6141 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares ESG Advanced. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of iShares ESG Advanced 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 ESG's value that differs from its market value or its book value, called intrinsic value, which is IShares ESG'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 ESG's market value can be influenced by many factors that don't directly affect IShares ESG'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 ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares ESG'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.