Ishares Tech Breakthrough Etf Price on November 5, 2024
| TECB Etf | USD 54.90 0.19 0.35% |
Below is the normalized historical share price chart for iShares Tech Breakthrough extending back to January 13, 2020. 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 Tech stands at 54.90, as last reported on the 30th of November, with the highest price reaching 55.09 and the lowest price hitting 54.73 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 Tech is very steady. iShares Tech Breakthrough holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Tech Breakthrough, which you can use to evaluate the volatility of the entity. Please check out IShares Tech's Downside Deviation of 1.14, market risk adjusted performance of 0.169, and Risk Adjusted Performance of 0.1267 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 23.36 | 200 Day MA 49.3524 | 1 y Volatility 17.35 | 50 Day MA 52.6182 | Inception Date 2020-01-08 |
IShares |
Sharpe Ratio = 0.2027
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average IShares Tech is performing at about 15% 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 Tech by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 224.6 K |
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IShares Tech Valuation on November 5, 2024
It is possible to determine the worth of IShares Tech on a given historical date. On November 5, 2024 IShares was worth 51.91 at the beginning of the trading date compared to the closed value of 52.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Tech etf. Still, in general, we apply an absolute valuation method to find IShares Tech'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 Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Tech's related companies.
| Open | High | Low | Close | Volume | |
| 51.70 | 51.94 | 51.57 | 51.74 | 10,266 | |
11/05/2024 | 51.91 | 52.31 | 51.91 | 52.31 | 23,921 |
| 53.38 | 53.73 | 53.26 | 53.73 | 22,333 |
| Backtest IShares Tech | | | IShares Tech History | | | IShares Tech Valuation | Previous | Next |
IShares Tech Trading Date Momentum on November 5, 2024
| On November 06 2024 iShares Tech Breakthrough was traded for 53.73 at the closing time. The top price for the day was 53.73 and the lowest listed price was 53.26 . The trading volume for the day was 22.3 K. The trading history from November 6, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 2.71% . The trading date delta against the current closing price is 3.33% . |
iShares Tech Breakthrough Fundamentals Correlations and Trends
By evaluating IShares Tech'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 Tech'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 Tech Etf history
IShares Tech 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 Tech Breakthrough 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 Tech stock prices may prove useful in developing a viable investing in IShares Tech
The underlying index measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. Ishares US is traded on NYSEARCA Exchange in the United States.
IShares Tech Etf Technical Analysis
IShares Tech 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 Tech Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
iShares Tech Breakthrough 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 Tech November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Tech 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 Tech shares will generate the highest return on investment. By undertsting and applying IShares Tech etf market strength indicators, traders can identify iShares Tech Breakthrough entry and exit signals to maximize returns
IShares Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Tech'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 | 0.1267 | |||
| Jensen Alpha | 0.0302 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0222 | |||
| Treynor Ratio | 0.159 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in iShares Tech Breakthrough. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of iShares Tech Breakthrough 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 Tech's value that differs from its market value or its book value, called intrinsic value, which is IShares Tech'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 Tech's market value can be influenced by many factors that don't directly affect IShares Tech'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 Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Tech'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.