Ishares Blockchain And Etf Price on August 8, 2024
| IBLC Etf | USD 40.14 0.71 1.74% |
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IShares Blockchain stands at 40.14, as last reported on the 22nd of November, with the highest price reaching 43.62 and the lowest price hitting 39.30 during the day. IShares Blockchain appears to be not too volatile, given 3 months investment horizon. iShares Blockchain and holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. By evaluating IShares Blockchain's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize IShares Blockchain's Market Risk Adjusted Performance of 0.156, downside deviation of 3.68, and Risk Adjusted Performance of 0.1103 to validate if our risk estimates are consistent with your expectations.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IShares |
Sharpe Ratio = 0.1219
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Estimated Market Risk
| 4.38 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average IShares Blockchain is performing at about 9% 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 Blockchain by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 8.6 K |
IShares Blockchain Valuation on August 8, 2024
It is possible to determine the worth of IShares Blockchain on a given historical date. On August 8, 2024 IShares was worth 27.19 at the beginning of the trading date compared to the closed value of 28.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Blockchain etf. Still, in general, we apply an absolute valuation method to find IShares Blockchain'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 Blockchain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Blockchain's related companies.
| Open | High | Low | Close | Volume | |
| 28.33 | 28.33 | 26.22 | 26.22 | 5,676 | |
08/08/2024 | 27.19 | 28.56 | 26.96 | 28.54 | 8,878 |
| 28.35 | 28.35 | 27.74 | 27.97 | 4,400 |
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IShares Blockchain Trading Date Momentum on August 8, 2024
| On August 09 2024 iShares Blockchain and was traded for 27.97 at the closing time. The top price for the day was 28.35 and the lowest listed price was 27.74 . The trading volume for the day was 4.4 K. The trading history from August 9, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.00% . The trading date delta against the current closing price is 0.74% . |
iShares Blockchain and Fundamentals Correlations and Trends
By evaluating IShares Blockchain'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 Blockchain'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 Blockchain Etf history
IShares Blockchain 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 Blockchain and 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 Blockchain stock prices may prove useful in developing a viable investing in IShares Blockchain
The fund invests at least 80 percent of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in theindex. Ishares Blockchain is traded on NYSEARCA Exchange in the United States.
IShares Blockchain Etf Technical Analysis
IShares Blockchain 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 Blockchain Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
iShares Blockchain and cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 Blockchain November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Blockchain 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 Blockchain shares will generate the highest return on investment. By undertsting and applying IShares Blockchain etf market strength indicators, traders can identify iShares Blockchain and entry and exit signals to maximize returns
IShares Blockchain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Blockchain'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 | 0.1103 | |||
| Jensen Alpha | 0.2416 | |||
| Total Risk Alpha | 0.0866 | |||
| Sortino Ratio | 0.135 | |||
| Treynor Ratio | 0.146 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Blockchain and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of iShares Blockchain and 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 Blockchain's value that differs from its market value or its book value, called intrinsic value, which is IShares Blockchain'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 Blockchain's market value can be influenced by many factors that don't directly affect IShares Blockchain'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 Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Blockchain'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.