iShares Short-Term National Muni Bond ETF Reaches New 1-Year High at 106.04
| SUB Etf | USD 105.81 0.06 0.06% |
About 56% of IShares Short's investor base is looking to short. The current sentiment regarding investing in iShares Short Term National etf implies that many traders are alarmed. The current market sentiment, together with IShares Short's historical and current headlines, can help investors time the market. In addition, many technical investors use iShares Short Term etf news signals to limit their universe of possible portfolio assets.
IShares |
iShares Short-Term National Muni Bond ETF s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as 106.04 and last traded at 106.02, with a volume of 152682 shares traded. The stock had previously closed at 105.97. iShares Short-Term National Muni Bond
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IShares Short Fundamental Analysis
We analyze IShares Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Short using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IShares Short 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
IShares Short is currently under evaluation in probability of bankruptcy as compared to similar ETFs. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
iShares Short Term Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IShares Short etf to make a market-neutral strategy. Peer analysis of IShares Short could also be used in its relative valuation, which is a method of valuing IShares Short by comparing valuation metrics with similar companies.
Peers
IShares Short Related Equities
| AGZ | IShares Agency | 0.31 | ||||
| MUB | IShares National | 0.23 | ||||
| CMF | IShares California | 0.19 | ||||
| NYF | IShares New | 0.17 | ||||
| SHM | SPDR Nuveen | 0.13 |
Check out IShares Short Hype Analysis, IShares Short Correlation and IShares Short Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of iShares Short Term 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 Short's value that differs from its market value or its book value, called intrinsic value, which is IShares Short'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 Short's market value can be influenced by many factors that don't directly affect IShares Short'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 Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Short'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.