IShares Tech Financials
| TECB Etf | USD 54.90 0.19 0.35% |
Net Expense Ratio 0.004 | 3 y Sharp Ratio 0.22 |
IShares |
The data published in IShares Tech's official financial statements typically reflect IShares Tech'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 Tech's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Tech's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
Please note, the presentation of IShares Tech'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 Tech's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IShares Tech's management manipulating its earnings.
IShares Tech Etf Summary
IShares Tech competes with Nexalin Technology, Kilroy Realty, Highwoods Properties, Karat Packaging, and Brookfield Real. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US46436E5024 |
| CUSIP | 46436E502 |
| Region | North America |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IShares Tech Key Financial Ratios
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Tech's current stock value. Our valuation model uses many indicators to compare IShares Tech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Tech competition to find correlations between indicators driving IShares Tech's intrinsic value. More Info.iShares Tech Breakthrough is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs reporting about 29.92 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 Tech's earnings, one of the primary drivers of an investment's value.iShares Tech Breakthrough Systematic Risk
IShares Tech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Tech 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on iShares Tech Breakthrough correlated with the market. If Beta is less than 0 IShares Tech generally moves in the opposite direction as compared to the market. If IShares Tech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Tech Breakthrough is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Tech is generally in the same direction as the market. If Beta > 1 IShares Tech moves generally in the same direction as, but more than the movement of the benchmark.
About IShares Tech Financials
What exactly are IShares Tech 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 Tech's income statement, its balance sheet, and the statement of cash flows. Potential IShares Tech investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IShares Tech investors may use each financial statement separately, they are all related. The changes in IShares Tech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares Tech'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 Tech Thematic Clasifications
iShares Tech Breakthrough is part of several thematic ideas from Strategy ETFs to Theme 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 Tech November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Tech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Tech Breakthrough. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Tech Breakthrough 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 Tech's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.0252 | |||
| Maximum Drawdown | 4.75 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.47 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in iShares Tech Breakthrough. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.