Flexshares Iboxx 3 Year Etf Price on September 25, 2024
| TDTT Etf | USD 23.75 0.02 0.08% |
Below is the normalized historical share price chart for FlexShares iBoxx 3 Year extending back to September 23, 2011. 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 FlexShares IBoxx stands at 23.75, as last reported on the 22nd of November, with the highest price reaching 23.79 and the lowest price hitting 23.74 during the day.
If you're considering investing in FlexShares Etf, it is important to understand the factors that can impact its price. Currently, FlexShares iBoxx 3 Year is very steady. FlexShares iBoxx 3 secures Sharpe Ratio (or Efficiency) of 0.0143, which denotes the etf had a 0.0143% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FlexShares iBoxx 3 Year, which you can use to evaluate the volatility of the entity. Please confirm FlexShares IBoxx's Mean Deviation of 0.1142, downside deviation of 0.1901, and Coefficient Of Variation of 1489.88 to check if the risk estimate we provide is consistent with the expected return of 0.0021%.
FlexShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 4.23 | 200 Day MA 23.6792 | 1 y Volatility 2.74 | 50 Day MA 23.88 | Inception Date 2011-09-19 |
FlexShares |
Sharpe Ratio = 0.0143
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average FlexShares IBoxx is performing at about 1% 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 FlexShares IBoxx by adding it to a well-diversified portfolio.
FlexShares IBoxx Valuation on September 25, 2024
It is possible to determine the worth of FlexShares IBoxx on a given historical date. On September 25, 2024 FlexShares was worth 23.99 at the beginning of the trading date compared to the closed value of 23.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FlexShares IBoxx etf. Still, in general, we apply an absolute valuation method to find FlexShares IBoxx'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 FlexShares IBoxx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FlexShares IBoxx's related companies.
| Open | High | Low | Close | Volume | |
| 23.96 | 24.02 | 23.96 | 24.01 | 211,046 | |
09/25/2024 | 23.99 | 24.00 | 23.96 | 23.96 | 94,405 |
| 23.94 | 23.96 | 23.92 | 23.92 | 153,814 |
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FlexShares IBoxx Trading Date Momentum on September 25, 2024
| On September 26 2024 FlexShares iBoxx 3 Year was traded for 23.92 at the closing time. The top price for the day was 23.96 and the lowest listed price was 23.92 . The trading volume for the day was 153.8 K. The trading history from September 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.17% . The overall trading delta against the current closing price is 0.67% . |
FlexShares iBoxx 3 Fundamentals Correlations and Trends
By evaluating FlexShares IBoxx'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 FlexShares IBoxx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FlexShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FlexShares IBoxx Etf history
FlexShares IBoxx 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 FlexShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FlexShares iBoxx 3 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 FlexShares IBoxx stock prices may prove useful in developing a viable investing in FlexShares IBoxx
The underlying index reflects the performance of a selection of inflation protected public obligations of the U.S. treasury, commonly known as TIPS, with a targeted average modified adjusted duration, as defined by the index provider, of approximately three years. Iboxx 3Yr is traded on NYSEARCA Exchange in the United States.
FlexShares IBoxx Etf Technical Analysis
FlexShares IBoxx 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
FlexShares IBoxx Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
FlexShares iBoxx 3 Year 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.
FlexShares IBoxx November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how FlexShares IBoxx etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FlexShares IBoxx shares will generate the highest return on investment. By undertsting and applying FlexShares IBoxx etf market strength indicators, traders can identify FlexShares iBoxx 3 Year entry and exit signals to maximize returns
FlexShares IBoxx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FlexShares IBoxx's price direction in advance. Along with the technical and fundamental analysis of FlexShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of FlexShares 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 | 0.0117 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.45) | |||
| Treynor Ratio | 0.0086 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FlexShares iBoxx 3 Year. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of FlexShares iBoxx 3 is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares IBoxx's value that differs from its market value or its book value, called intrinsic value, which is FlexShares IBoxx'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 FlexShares IBoxx's market value can be influenced by many factors that don't directly affect FlexShares IBoxx'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 FlexShares IBoxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares IBoxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares IBoxx'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.