Ishares Convertible Bond Etf Price on September 23, 2024
| CVD Etf | CAD 17.32 0.04 0.23% |
Below is the normalized historical share price chart for iShares Convertible Bond extending back to June 14, 2011. 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 Convertible stands at 17.32, as last reported on the 28th of November, with the highest price reaching 17.32 and the lowest price hitting 17.32 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. As of now, IShares Etf is very steady. iShares Convertible Bond holds Efficiency (Sharpe) Ratio of 0.0395, which attests that the entity had a 0.0395% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for iShares Convertible Bond, which you can use to evaluate the volatility of the entity. Please check out IShares Convertible's Risk Adjusted Performance of 0.0249, market risk adjusted performance of 0.1642, and Downside Deviation of 0.5282 to validate if the risk estimate we provide is consistent with the expected return of 0.0189%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 7.66 | 200 Day MA 16.9266 | 1 y Volatility 2.46 | 50 Day MA 17.4556 | Inception Date 2011-06-14 |
IShares |
Sharpe Ratio = 0.0395
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| Negative Returns | CVD |
Estimated Market Risk
| 0.48 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average IShares Convertible is performing at about 3% 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 Convertible by adding it to a well-diversified portfolio.
IShares Convertible Valuation on September 23, 2024
It is possible to determine the worth of IShares Convertible on a given historical date. On September 23, 2024 IShares was worth 17.23 at the beginning of the trading date compared to the closed value of 17.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Convertible etf. Still, in general, we apply an absolute valuation method to find IShares Convertible'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 Convertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Convertible's related companies.
| Open | High | Low | Close | Volume | |
| 17.19 | 17.24 | 17.11 | 17.18 | 7,600 | |
09/23/2024 | 17.23 | 17.35 | 17.23 | 17.35 | 200.00 |
| 17.36 | 17.36 | 17.36 | 17.36 | 1.00 |
| Backtest IShares Convertible | | | IShares Convertible History | | | IShares Convertible Valuation | Previous | Next |
IShares Convertible Trading Date Momentum on September 23, 2024
| On September 24 2024 iShares Convertible Bond was traded for 17.36 at the closing time. The maximum traded price for the trading interval was 17.36 and the lowest daily price was 17.36 . There was no trading activity during the period 1.0. Lack of trading volume on 24th of September 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.06% . The trading date delta to the closing price today is 0.23% . |
iShares Convertible Bond Fundamentals Correlations and Trends
By evaluating IShares Convertible'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 Convertible'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 Convertible Etf history
IShares Convertible 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 Convertible 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 Convertible stock prices may prove useful in developing a viable investing in IShares Convertible
IShares Convertible Etf Technical Analysis
IShares Convertible technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
IShares Convertible Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
iShares Convertible Bond cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 Convertible November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Convertible etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IShares Convertible shares will generate the highest return on investment. By undertsting and applying IShares Convertible etf market strength indicators, traders can identify iShares Convertible Bond entry and exit signals to maximize returns
IShares Convertible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Convertible's price direction in advance. Along with the technical and fundamental analysis of IShares Etf 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 | 0.0249 | |||
| Jensen Alpha | 0.0021 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.1542 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares Convertible Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.