Ishares Municipal Bond Fund Price on November 5, 2024
| BIDKX Fund | USD 11.17 0.02 0.18% |
Below is the normalized historical share price chart for Ishares Municipal Bond extending back to November 21, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ishares Municipal stands at 11.17, as last reported on the 2nd of December, with the highest price reaching 11.17 and the lowest price hitting 11.17 during the day.
If you're considering investing in Ishares Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Ishares Mutual Fund to be very steady. Ishares Municipal Bond holds Efficiency (Sharpe) Ratio of 0.0769, which attests that the entity had a 0.0769% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ishares Municipal Bond, which you can use to evaluate the volatility of the entity. Please check out Ishares Municipal's Downside Deviation of 0.3793, risk adjusted performance of 0.0487, and Market Risk Adjusted Performance of (0.13) to validate if the risk estimate we provide is consistent with the expected return of 0.0186%.
Ishares Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Ishares |
Sharpe Ratio = 0.0769
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| Negative Returns | BIDKX |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ishares Municipal is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ishares Municipal by adding it to a well-diversified portfolio.
Ishares Municipal Valuation on November 5, 2024
It is possible to determine the worth of Ishares Municipal on a given historical date. On November 5, 2024 Ishares was worth 11.04 at the beginning of the trading date compared to the closed value of 11.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ishares Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Ishares Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ishares Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ishares Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 11.04 | 11.04 | 11.04 | 11.04 | 1.00 | |
11/05/2024 | 11.04 | 11.04 | 11.04 | 11.04 | 1.00 |
| 10.93 | 10.93 | 10.93 | 10.93 | 1.00 |
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Ishares Municipal Trading Date Momentum on November 5, 2024
| On November 06 2024 Ishares Municipal Bond was traded for 10.93 at the closing time. The highest daily price throughout the period was 10.93 and the lowest price was 10.93 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.00% . The trading delta at closing time to current closing price is 0.18% . |
Ishares Municipal Bond Fundamentals Correlations and Trends
By evaluating Ishares Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ishares Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ishares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ishares Municipal Mutual Fund history
Ishares Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ishares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ishares Municipal Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ishares Municipal stock prices may prove useful in developing a viable investing in Ishares Municipal
The fund generally invests at least 80 percent of its assets, plus the amount of any borrowings for investment purposes, in securities or other financial instruments that are components of or have economic characteristics similar to the securities in the index. The index tracks the performance of U.S. dollar denominated investment grade tax-exempt debt publicly issued by U.S. states and territories, and their political subdivisions, in the U.S. domestic market.
Ishares Municipal Mutual Fund Technical Analysis
Ishares Municipal technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Ishares Municipal Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Ishares Municipal Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ishares Municipal December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Ishares Municipal mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ishares Municipal shares will generate the highest return on investment. By undertsting and applying Ishares Municipal mutual fund market strength indicators, traders can identify Ishares Municipal Bond entry and exit signals to maximize returns
Ishares Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ishares Municipal's price direction in advance. Along with the technical and fundamental analysis of Ishares Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ishares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0487 | |||
| Jensen Alpha | 0.0235 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.14) |
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| Volume Indicators |
Other Information on Investing in Ishares Mutual Fund
Ishares Municipal financial ratios help investors to determine whether Ishares Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ishares with respect to the benefits of owning Ishares Municipal security.
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