IShares Healthcare Financials
| IHF Etf | USD 52.91 0.23 0.44% |
Net Expense Ratio 0.004 | 3 y Sharp Ratio (0.50) |
IShares |
The data published in IShares Healthcare's official financial statements typically reflect IShares Healthcare'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 Healthcare's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Healthcare's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
IShares Healthcare Etf Summary
IShares Healthcare competes with IShares Pharmaceuticals, IShares Medical, IShares Healthcare, IShares Broker, and IShares Insurance. The index measures the performance of the healthcare providers sector of the U.S. equity market, as defined by SPDJI. US Healthcare is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US4642888287 |
| CUSIP | 464288828 |
| Region | North America |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Sector |
| Portfolio Concentration | Health Care |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IShares Healthcare Key Financial Ratios
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Healthcare's current stock value. Our valuation model uses many indicators to compare IShares Healthcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Healthcare competition to find correlations between indicators driving IShares Healthcare's intrinsic value. More Info.iShares Healthcare Providers is rated fifth overall ETF in price to earning as compared to similar ETFs. It also is rated fifth overall ETF in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares Healthcare Providers is roughly 9.37 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares Healthcare 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 Healthcare Systematic Risk
IShares Healthcare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Healthcare 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 fourty-five with a total number of output elements of sixteen. The Beta measures systematic risk based on how returns on iShares Healthcare correlated with the market. If Beta is less than 0 IShares Healthcare generally moves in the opposite direction as compared to the market. If IShares Healthcare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Healthcare is generally in the same direction as the market. If Beta > 1 IShares Healthcare moves generally in the same direction as, but more than the movement of the benchmark.
About IShares Healthcare Financials
What exactly are IShares Healthcare 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 Healthcare's income statement, its balance sheet, and the statement of cash flows. Potential IShares Healthcare investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IShares Healthcare investors may use each financial statement separately, they are all related. The changes in IShares Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares Healthcare'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 Healthcare Thematic Clasifications
iShares Healthcare Providers is part of several thematic ideas from Sector ETFs to Health Care 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 Healthcare January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Healthcare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Healthcare Providers. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Healthcare Providers 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 Healthcare's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.27 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.36 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.22 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Healthcare Providers. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of iShares Healthcare 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 Healthcare's value that differs from its market value or its book value, called intrinsic value, which is IShares Healthcare'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 Healthcare's market value can be influenced by many factors that don't directly affect IShares Healthcare'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 Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Healthcare'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.