Ishares Aerospace Defense Etf Price on November 3, 2023
| ITA Etf | USD 155.57 1.71 1.11% |
Below is the normalized historical share price chart for iShares Aerospace Defense extending back to May 05, 2006. 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 Aerospace stands at 155.57, as last reported on the 1st of December, with the highest price reaching 155.60 and the lowest price hitting 154.50 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. At this point, IShares Aerospace is very steady. iShares Aerospace Defense holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Aerospace Defense, which you can use to evaluate the volatility of the entity. Please check out IShares Aerospace's Risk Adjusted Performance of 0.0744, downside deviation of 1.38, and Market Risk Adjusted Performance of 0.1108 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.4 | 200 Day MA 138.7996 | 1 y Volatility 14.66 | 50 Day MA 151.1984 | Inception Date 2006-05-01 |
IShares |
Sharpe Ratio = 0.1252
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average IShares Aerospace 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 Aerospace by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 56 K |
IShares Aerospace Valuation on November 3, 2023
It is possible to determine the worth of IShares Aerospace on a given historical date. On November 3, 2023 IShares was worth 112.82 at the beginning of the trading date compared to the closed value of 112.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Aerospace etf. Still, in general, we apply an absolute valuation method to find IShares Aerospace'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 Aerospace where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Aerospace's related companies.
| Open | High | Low | Close | Volume | |
| 110.39 | 111.92 | 110.39 | 111.80 | 823,100 | |
11/03/2023 | 112.82 | 113.42 | 112.36 | 112.38 | 622,551 |
| 112.81 | 112.81 | 111.79 | 112.08 | 656,787 |
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IShares Aerospace Trading Date Momentum on November 3, 2023
| On November 06 2023 iShares Aerospace Defense was traded for 112.08 at the closing time. Highest IShares Aerospace's price during the trading hours was 112.81 and the lowest price during the day was 111.79 . The net volume was 656.8 K. The overall trading history on the 6th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.27% . The trading date delta to current price is 1.10% . |
iShares Aerospace Defense Fundamentals Correlations and Trends
By evaluating IShares Aerospace'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 Aerospace'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 Aerospace Etf history
IShares Aerospace 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 Aerospace Defense 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 Aerospace stock prices may prove useful in developing a viable investing in IShares Aerospace
IShares Aerospace Etf Technical Analysis
IShares Aerospace 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 Aerospace Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
iShares Aerospace Defense cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Aerospace December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Aerospace 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 Aerospace shares will generate the highest return on investment. By undertsting and applying IShares Aerospace etf market strength indicators, traders can identify iShares Aerospace Defense entry and exit signals to maximize returns
IShares Aerospace Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Aerospace'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 | 0.0744 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1008 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Aerospace Defense. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. 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 Aerospace Defense 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 Aerospace's value that differs from its market value or its book value, called intrinsic value, which is IShares Aerospace'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 Aerospace's market value can be influenced by many factors that don't directly affect IShares Aerospace'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 Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Aerospace'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.