IShares IShares' market value is the price at which a share of IShares IShares trades on a public exchange. It measures the collective expectations of iShares iShares investors about its performance. IShares IShares is trading at 63.59 as of the 29th of November 2024, a 2.30 percent increase since the beginning of the trading day. The etf's open price was 62.16. With this module, you can estimate the performance of a buy and hold strategy of iShares iShares and determine expected loss or profit from investing in IShares IShares over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
IShares
IShares IShares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares IShares' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares IShares.
0.00
10/30/2024
No Change 0.00
0.0
In 31 days
11/29/2024
0.00
If you would invest 0.00 in IShares IShares on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding iShares iShares or generate 0.0% return on investment in IShares IShares over 30 days.
IShares IShares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares IShares' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares iShares upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares IShares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares IShares' standard deviation. In reality, there are many statistical measures that can use IShares IShares historical prices to predict the future IShares IShares' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IShares IShares. Your research has to be compared to or analyzed against IShares IShares' peers to derive any actionable benefits. When done correctly, IShares IShares' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in iShares iShares.
iShares iShares Backtested Returns
At this point, IShares IShares is very steady. iShares iShares holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares iShares, which you can use to evaluate the volatility of the entity. Please check out IShares IShares' Downside Deviation of 1.02, risk adjusted performance of 0.1827, and Market Risk Adjusted Performance of 1.22 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. The etf retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares IShares' returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares IShares is expected to be smaller as well.
Auto-correlation
-0.11
Insignificant reverse predictability
iShares iShares has insignificant reverse predictability. Overlapping area represents the amount of predictability between IShares IShares time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares iShares price movement. The serial correlation of -0.11 indicates that less than 11.0% of current IShares IShares price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.11
Spearman Rank Test
0.52
Residual Average
0.0
Price Variance
1.19
iShares iShares lagged returns against current returns
Autocorrelation, which is IShares IShares etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares IShares' etf expected returns. We can calculate the autocorrelation of IShares IShares returns to help us make a trade decision. For example, suppose you find that IShares IShares has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
IShares IShares regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares IShares etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares IShares etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares IShares etf over time.
Current vs Lagged Prices
Timeline
IShares IShares Lagged Returns
When evaluating IShares IShares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares IShares etf have on its future price. IShares IShares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares IShares autocorrelation shows the relationship between IShares IShares etf current value and its past values and can show if there is a momentum factor associated with investing in iShares iShares.
Regressed Prices
Timeline
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