Ishares Transportation Average Etf Buy Hold or Sell Recommendation
| IYT Etf | USD 74.47 0.17 0.23% |
Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding iShares Transportation Average is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell iShares Transportation Average given historical horizon and risk tolerance towards IShares Transportation. When Macroaxis issues a 'buy' or 'sell' recommendation for iShares Transportation Average, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out IShares Transportation Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as IShares and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards iShares Transportation Average. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
IShares |
Execute IShares Transportation Buy or Sell Advice
The IShares recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on iShares Transportation Average. Macroaxis does not own or have any residual interests in iShares Transportation Average or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IShares Transportation's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
IShares Transportation Trading Alerts and Improvement Suggestions
| Latest headline from zacks.com: Is SPDR SP Transportation ETF a Strong ETF Right Now | |
| The fund retains 99.89% of its assets under management (AUM) in equities |
IShares Transportation Returns Distribution Density
The distribution of IShares Transportation's historical returns is an attempt to chart the uncertainty of IShares Transportation's future price movements. The chart of the probability distribution of IShares Transportation daily returns describes the distribution of returns around its average expected value. We use iShares Transportation Average price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IShares Transportation returns is essential to provide solid investment advice for IShares Transportation.
| Mean Return | 0.19 | Value At Risk | -1.6 | Potential Upside | 2.01 | Standard Deviation | 1.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IShares Transportation historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
IShares Transportation Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IShares Transportation or iShares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IShares Transportation's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 1.21 | |
σ | Overall volatility | 1.26 | |
Ir | Information ratio | 0.05 |
IShares Transportation Volatility Alert
iShares Transportation Average has relatively low volatility with skewness of 0.9 and kurtosis of 2.93. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IShares Transportation's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact IShares Transportation's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.IShares Transportation Fundamentals Vs Peers
Comparing IShares Transportation's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze IShares Transportation's direct or indirect competition across all of the common fundamentals between IShares Transportation and the related equities. This way, we can detect undervalued stocks with similar characteristics as IShares Transportation or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of IShares Transportation's fundamental indicators could also be used in its relative valuation, which is a method of valuing IShares Transportation by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IShares Transportation to competition |
| Fundamentals | IShares Transportation | Peer Average |
| Price To Earning | 2.73 X | 3.15 X |
| Price To Book | 3.05 X | 0.39 X |
| Price To Sales | 1.21 X | 0.33 X |
| Beta | 1.31 | |
| One Year Return | 24.00 % | (0.97) % |
| Three Year Return | 5.10 % | 3.23 % |
| Five Year Return | 9.90 % | 1.12 % |
| Ten Year Return | 7.30 % | 1.20 % |
| Net Asset | 727.52 M | 2.29 B |
| Last Dividend Paid | 0.84 | 0.14 |
| Equity Positions Weight | 99.89 % | 52.82 % |
IShares Transportation Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IShares . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1805.03 | |||
| Daily Balance Of Power | (0.22) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 74.76 | |||
| Day Typical Price | 74.66 | |||
| Price Action Indicator | (0.37) | |||
| Period Momentum Indicator | (0.17) | |||
| Relative Strength Index | 74.16 |
About IShares Transportation Buy or Sell Advice
When is the right time to buy or sell iShares Transportation Average? Buying financial instruments such as IShares Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having IShares Transportation in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Printing and Publishing
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Printing and Publishing Theme or any other thematic opportunities.
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Check out IShares Transportation Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of iShares Transportation 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 Transportation's value that differs from its market value or its book value, called intrinsic value, which is IShares Transportation'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 Transportation's market value can be influenced by many factors that don't directly affect IShares Transportation'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 Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Transportation'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.