Ishares Telecommunications Etf Price on October 20, 2023
| IYZ Etf | USD 27.74 0.08 0.29% |
Below is the normalized historical share price chart for iShares Telecommunications ETF extending back to May 26, 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 Telecommunicatio stands at 27.74, as last reported on the 29th of November, with the highest price reaching 27.82 and the lowest price hitting 27.70 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. IShares Telecommunicatio appears to be very steady, given 3 months investment horizon. IShares Telecommunicatio holds Efficiency (Sharpe) Ratio of 0.35, which attests that the entity had a 0.35% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for IShares Telecommunicatio, which you can use to evaluate the volatility of the entity. Please utilize IShares Telecommunicatio's Risk Adjusted Performance of 0.2479, market risk adjusted performance of 0.3207, and Downside Deviation of 0.6328 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.
3 y Volatility 20.57 | 200 Day MA 22.9754 | 1 y Volatility 15.86 | 50 Day MA 26.0946 | Inception Date 2000-05-22 |
IShares |
Sharpe Ratio = 0.3544
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average IShares Telecommunicatio is performing at about 27% 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 Telecommunicatio by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 55.9 K |
IShares Telecommunicatio Valuation on October 20, 2023
It is possible to determine the worth of IShares Telecommunicatio on a given historical date. On October 20, 2023 IShares was worth 20.4 at the beginning of the trading date compared to the closed value of 20.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Telecommunicatio etf. Still, in general, we apply an absolute valuation method to find IShares Telecommunicatio'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 Telecommunicatio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Telecommunicatio's related companies.
| Open | High | Low | Close | Volume | |
| 20.74 | 20.77 | 20.42 | 20.44 | 334,955 | |
10/20/2023 | 20.40 | 20.54 | 20.25 | 20.27 | 219,912 |
| 20.13 | 20.24 | 20.00 | 20.02 | 409,765 |
| Backtest IShares Telecommunicatio | | | IShares Telecommunicatio History | | | IShares Telecommunicatio Valuation | Previous | Next |
IShares Telecommunicatio Trading Date Momentum on October 20, 2023
| On October 23 2023 iShares Telecommunications ETF was traded for 20.02 at the closing time. Highest IShares Telecommunicatio's price during the trading hours was 20.24 and the lowest price during the day was 20.00 . The net volume was 409.8 K. The overall trading history on the 23rd of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.23% . The trading date delta to current price is 3.60% . |
IShares Telecommunicatio Fundamentals Correlations and Trends
By evaluating IShares Telecommunicatio'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 Telecommunicatio'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 Telecommunicatio Etf history
IShares Telecommunicatio 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 Telecommunicatio 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 Telecommunicatio stock prices may prove useful in developing a viable investing in IShares Telecommunicatio
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 Telecommunicatio is traded on BATS Exchange in the United States.
IShares Telecommunicatio Etf Technical Analysis
IShares Telecommunicatio 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 Telecommunicatio Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
iShares Telecommunications ETF 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 Telecommunicatio November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Telecommunicatio 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 Telecommunicatio shares will generate the highest return on investment. By undertsting and applying IShares Telecommunicatio etf market strength indicators, traders can identify iShares Telecommunications ETF entry and exit signals to maximize returns
IShares Telecommunicatio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Telecommunicatio'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 | 0.2479 | |||
| Jensen Alpha | 0.1518 | |||
| Total Risk Alpha | 0.1244 | |||
| Sortino Ratio | 0.1993 | |||
| Treynor Ratio | 0.3107 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Telecommunications 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of IShares Telecommunicatio 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 Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is IShares Telecommunicatio'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 Telecommunicatio's market value can be influenced by many factors that don't directly affect IShares Telecommunicatio'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 Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Telecommunicatio'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.