Ishares Thematic Rotation Etf Price on October 3, 2024
| THRO Etf | 34.93 0.15 0.43% |
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IShares Thematic stands at 34.93, as last reported on the 13th of December 2024, with the highest price reaching 35.07 and the lowest price hitting 34.93 during the day. As of now, IShares Etf is very steady. iShares Thematic Rotation 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 Thematic Rotation, which you can use to evaluate the volatility of the entity. Please check out IShares Thematic's Downside Deviation of 0.7242, risk adjusted performance of 0.1628, and Market Risk Adjusted Performance of 0.2154 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IShares |
Sharpe Ratio = 0.1972
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| Cash | THRO | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average IShares Thematic 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 Thematic by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 197.4 K |
IShares Thematic Valuation on October 3, 2024
It is possible to determine the worth of IShares Thematic on a given historical date. On October 3, 2024 IShares was worth 32.29 at the beginning of the trading date compared to the closed value of 32.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Thematic etf. Still, in general, we apply an absolute valuation method to find IShares Thematic'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 Thematic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Thematic's related companies.
| Open | High | Low | Close | Volume | |
| 32.46 | 32.48 | 32.45 | 32.45 | 14,773 | |
10/03/2024 | 32.29 | 32.34 | 32.29 | 32.34 | 3,276 |
| 32.64 | 32.67 | 32.63 | 32.67 | 1,561 |
| Backtest IShares Thematic | | | IShares Thematic History | | | IShares Thematic Valuation | Previous | Next |
IShares Thematic Trading Date Momentum on October 3, 2024
| On October 04 2024 iShares Thematic Rotation was traded for 32.67 at the closing time. The top price for the day was 32.67 and the lowest listed price was 32.63 . The trading volume for the day was 1.6 K. The trading history from October 4, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 1.02% . The trading date delta against the current closing price is 3.68% . |
About IShares Thematic Etf history
IShares Thematic 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 Thematic Rotation 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 Thematic stock prices may prove useful in developing a viable investing in IShares Thematic
IShares Thematic Etf Technical Analysis
IShares Thematic 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 Thematic Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
iShares Thematic Rotation 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 Thematic December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Thematic 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 Thematic shares will generate the highest return on investment. By undertsting and applying IShares Thematic etf market strength indicators, traders can identify iShares Thematic Rotation entry and exit signals to maximize returns
IShares Thematic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Thematic'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 | 0.1628 | |||
| Jensen Alpha | 0.0798 | |||
| Total Risk Alpha | 0.0528 | |||
| Sortino Ratio | 0.0779 | |||
| Treynor Ratio | 0.2054 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in iShares Thematic Rotation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of iShares Thematic Rotation 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 Thematic's value that differs from its market value or its book value, called intrinsic value, which is IShares Thematic'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 Thematic's market value can be influenced by many factors that don't directly affect IShares Thematic'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 Thematic's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Thematic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Thematic'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.