Ishares Healthcare Etf Price on October 31, 2024
| IYH Etf | USD 60.74 0.09 0.15% |
Below is the normalized historical share price chart for iShares Healthcare ETF extending back to June 16, 2000. 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 Healthcare stands at 60.74, as last reported on the 25th of November, with the highest price reaching 61.05 and the lowest price hitting 60.66 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. iShares Healthcare ETF holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. iShares Healthcare ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Healthcare's Market Risk Adjusted Performance of (0.20), standard deviation of 0.6728, and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.79 | 200 Day MA 62.0866 | 1 y Volatility 12.37 | 50 Day MA 63.4472 | Inception Date 2000-06-12 |
IShares |
Sharpe Ratio = -0.1707
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Healthcare is not performing at its full potential. However, 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 Healthcare by adding IShares Healthcare to a well-diversified portfolio.
Average Mkt Cap Mil 146.7 K |
IShares Healthcare Valuation on October 31, 2024
It is possible to determine the worth of IShares Healthcare on a given historical date. On October 31, 2024 IShares was worth 62.25 at the beginning of the trading date compared to the closed value of 62.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Healthcare etf. Still, in general, we apply an absolute valuation method to find IShares Healthcare'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 Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 61.78 | 62.69 | 61.68 | 62.69 | 277,827 | |
10/31/2024 | 62.25 | 62.48 | 62.05 | 62.05 | 151,179 |
| 62.37 | 62.71 | 62.37 | 62.41 | 127,635 |
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IShares Healthcare Trading Date Momentum on October 31, 2024
| On November 01 2024 iShares Healthcare ETF was traded for 62.41 at the closing time. Highest IShares Healthcare's price during the trading hours was 62.71 and the lowest price during the day was 62.37 . The net volume was 127.6 K. The overall trading history on the 1st of November contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.58% . The trading date delta to current price is 1.95% . |
iShares Healthcare ETF Fundamentals Correlations and Trends
By evaluating IShares Healthcare'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 Healthcare'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 Healthcare Etf history
IShares Healthcare 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 Healthcare ETF 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 Healthcare stock prices may prove useful in developing a viable investing in IShares Healthcare
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. US Healthcare is traded on NYSEARCA Exchange in the United States.
IShares Healthcare Etf Technical Analysis
IShares Healthcare 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 Healthcare Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
iShares Healthcare ETF 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 Healthcare November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Healthcare 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 Healthcare shares will generate the highest return on investment. By undertsting and applying IShares Healthcare etf market strength indicators, traders can identify iShares Healthcare ETF entry and exit signals to maximize returns
IShares Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Healthcare'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 | (0.12) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.21) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Healthcare ETF. 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. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of iShares Healthcare ETF 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 Healthcare's value that differs from its market value or its book value, called intrinsic value, which is IShares Healthcare'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 Healthcare's market value can be influenced by many factors that don't directly affect IShares Healthcare'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 Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Healthcare'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.