Ishares New York Etf Performance
| NYF Etf | USD 54.02 0.06 0.11% |
The etf retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares New are expected to decrease at a much lower rate. During the bear market, IShares New is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in iShares New York are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, IShares New is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Atomi Financial Group Inc. Cuts Stake in iShares New York Muni Bond ETF | 10/11/2024 |
2 | Investment Report - Stock Traders Daily | 11/14/2024 |
| In Threey Sharp Ratio | -0.56 |
IShares |
IShares New Relative Risk vs. Return Landscape
If you would invest 5,362 in iShares New York on August 28, 2024 and sell it today you would earn a total of 40.00 from holding iShares New York or generate 0.75% return on investment over 90 days. iShares New York is generating 0.0119% of daily returns assuming volatility of 0.2479% on return distribution over 90 days investment horizon. In other words, 2% of etfs are less volatile than IShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IShares New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares New's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares New York, and traders can use it to determine the average amount a IShares New's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0481
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NYF |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average IShares New is performing at about 3% 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 New by adding it to a well-diversified portfolio.
IShares New Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares New, and IShares New fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Total Asset | 499.5 M | |||
About IShares New Performance
By analyzing IShares New's fundamental ratios, stakeholders can gain valuable insights into IShares New's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IShares New has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IShares New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund will invest at least 80 percent of its assets in the component securities of the index, and it will invest at least 90 percent of its assets in fixed income securities of the types included in the index that BFA believes will help it track the index. New York is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Investment Report - Stock Traders Daily | |
| The fund maintains all of the assets in different exotic instruments |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in iShares New York. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of iShares New York 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 New's value that differs from its market value or its book value, called intrinsic value, which is IShares New'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 New's market value can be influenced by many factors that don't directly affect IShares New'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 New's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares New'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.