Ishares Thematic Rotation Etf Ten Year Return
| THRO Etf | 34.93 0.15 0.43% |
iShares Thematic Rotation fundamentals help investors to digest information that contributes to IShares Thematic's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares Thematic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares Thematic etf.
IShares |
iShares Thematic Rotation ETF Ten Year Return Analysis
IShares Thematic's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
| Competition |
Based on the latest financial disclosure, iShares Thematic Rotation has a Ten Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Large Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
IShares Ten Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Thematic's direct or indirect competition against its Ten Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Thematic could also be used in its relative valuation, which is a method of valuing IShares Thematic by comparing valuation metrics of similar companies.IShares Thematic is currently under evaluation in ten year return as compared to similar ETFs.
IShares Fundamentals
| Retained Earnings | (514 K) | |||
| Current Liabilities | 76 K | |||
| One Year Return | 41.00 % |
About IShares Thematic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Thematic Rotation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Thematic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Thematic Rotation based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with IShares Thematic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares Thematic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares Thematic will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 1.0 | VTI | Vanguard Total Stock | PairCorr |
| 1.0 | SPY | SPDR SP 500 | PairCorr |
| 1.0 | IVV | iShares Core SP | PairCorr |
| 0.91 | VIG | Vanguard Dividend | PairCorr |
| 1.0 | VV | Vanguard Large Cap | PairCorr |
Moving against IShares Etf
The ability to find closely correlated positions to IShares Thematic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Thematic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Thematic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Thematic Rotation to buy it.
The correlation of IShares Thematic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Thematic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Thematic Rotation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares Thematic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out IShares Thematic Piotroski F Score and IShares Thematic Altman Z Score analysis. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.