Ishares Technology Etf Price on September 5, 2024
| IYW Etf | USD 158.97 1.06 0.67% |
Below is the normalized historical share price chart for iShares Technology ETF extending back to May 19, 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 Technology stands at 158.97, as last reported on the 22nd of November, with the highest price reaching 160.25 and the lowest price hitting 156.54 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 stage we consider IShares Etf to be very steady. iShares Technology ETF holds Efficiency (Sharpe) Ratio of 0.0933, which attests that the entity had a 0.0933% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Technology ETF, which you can use to evaluate the volatility of the entity. Please check out IShares Technology's Downside Deviation of 1.61, market risk adjusted performance of 0.0848, and Risk Adjusted Performance of 0.0565 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 23.8 | 200 Day MA 143.4043 | 1 y Volatility 17.72 | 50 Day MA 153.5608 | Inception Date 2000-05-15 |
IShares |
Sharpe Ratio = 0.0933
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Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average IShares Technology is performing at about 7% 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 Technology by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 600 K |
IShares Technology Valuation on September 5, 2024
It is possible to determine the worth of IShares Technology on a given historical date. On September 5, 2024 IShares was worth 140.06 at the beginning of the trading date compared to the closed value of 140.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Technology etf. Still, in general, we apply an absolute valuation method to find IShares Technology'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 Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Technology's related companies.
| Open | High | Low | Close | Volume | |
| 140.04 | 142.25 | 139.49 | 140.94 | 980,665 | |
09/05/2024 | 140.06 | 142.61 | 140.06 | 140.94 | 3,509,264 |
| 141.04 | 141.40 | 136.98 | 137.60 | 1,267,038 |
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IShares Technology Trading Date Momentum on September 5, 2024
| On September 06 2024 iShares Technology ETF was traded for 137.60 at the closing time. Highest IShares Technology's price during the trading hours was 141.40 and the lowest price during the day was 136.98 . The net volume was 1.3 M. The overall trading history on the 6th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.37% . The trading date delta to current price is 3.29% . |
iShares Technology ETF Fundamentals Correlations and Trends
By evaluating IShares Technology'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 Technology'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 Technology Etf history
IShares Technology 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 Technology 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 Technology stock prices may prove useful in developing a viable investing in IShares Technology
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 Technology is traded on NYSEARCA Exchange in the United States.
IShares Technology Etf Technical Analysis
IShares Technology 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 Technology Period Price Range
Low | November 22, 2024
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0.00 | 0.00 |
iShares Technology 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 Technology November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Technology 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 Technology shares will generate the highest return on investment. By undertsting and applying IShares Technology etf market strength indicators, traders can identify iShares Technology ETF entry and exit signals to maximize returns
IShares Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Technology'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 | 0.0565 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0748 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Technology 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of iShares Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is IShares Technology'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 Technology's market value can be influenced by many factors that don't directly affect IShares Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Technology'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.