IShares Edge Financials
| HYDB Etf | USD 47.85 0.17 0.36% |
Net Expense Ratio 0.0035 | 3 y Sharp Ratio 0.03 |
IShares |
The data published in IShares Edge's official financial statements typically reflect IShares Edge'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 Edge's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Edge's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
Please note, the presentation of IShares Edge'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 Edge's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IShares Edge's management manipulating its earnings.
IShares Edge Etf Summary
IShares Edge competes with IShares Edge, IShares Intl, and IShares JP. The fund will invest at least 80 percent of its assets in the component securities of the index, and the fund will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the index. High Yield is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US46435G2509 |
| Region | North America |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Corporate |
| Portfolio Concentration | High Yield |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IShares Edge Key Financial Ratios
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Edge's current stock value. Our valuation model uses many indicators to compare IShares Edge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Edge competition to find correlations between indicators driving IShares Edge's intrinsic value. More Info.iShares Edge High is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 17.16 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IShares Edge's earnings, one of the primary drivers of an investment's value.iShares Edge High Systematic Risk
IShares Edge's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Edge 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on iShares Edge High correlated with the market. If Beta is less than 0 IShares Edge generally moves in the opposite direction as compared to the market. If IShares Edge Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Edge High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Edge is generally in the same direction as the market. If Beta > 1 IShares Edge moves generally in the same direction as, but more than the movement of the benchmark.
About IShares Edge Financials
What exactly are IShares Edge 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 Edge's income statement, its balance sheet, and the statement of cash flows. Potential IShares Edge investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IShares Edge investors may use each financial statement separately, they are all related. The changes in IShares Edge's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares Edge'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 Edge Thematic Clasifications
iShares Edge High is part of several thematic ideas from Corporate ETFs to High Yield 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 Edge November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Edge help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Edge High. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Edge High 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 Edge's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2232 | |||
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 1.13 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.3615 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Edge High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of iShares Edge High 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 Edge's value that differs from its market value or its book value, called intrinsic value, which is IShares Edge'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 Edge's market value can be influenced by many factors that don't directly affect IShares Edge'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 Edge's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Edge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Edge'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.