Ishares Cmbs Etf Market Value
| CMBS Etf | USD 47.52 0.03 0.06% |
| Symbol | IShares |
The market value of iShares CMBS ETF 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 CMBS's value that differs from its market value or its book value, called intrinsic value, which is IShares CMBS'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 CMBS's market value can be influenced by many factors that don't directly affect IShares CMBS'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 CMBS's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares CMBS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares CMBS'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.
IShares CMBS '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 CMBS's 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 CMBS.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in IShares CMBS on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding iShares CMBS ETF or generate 0.0% return on investment in IShares CMBS over 30 days. IShares CMBS is related to or competes with IShares Agency, IShares GNMA, IShares JP, IShares Aaa, and IShares GovernmentCredit. The index measures the performance of investment-grade commercial mortgage-backed securities , which are classes of secu... More
IShares CMBS 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 CMBS's 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 CMBS ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.75 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.5507 |
IShares CMBS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares CMBS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares CMBS's standard deviation. In reality, there are many statistical measures that can use IShares CMBS historical prices to predict the future IShares CMBS's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 5.11 |
iShares CMBS ETF Backtested Returns
iShares CMBS ETF holds Efficiency (Sharpe) Ratio of -0.0223, which attests that the entity had a -0.0223% return per unit of risk over the last 3 months. iShares CMBS ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares CMBS's Risk Adjusted Performance of (0.04), market risk adjusted performance of 5.12, and Standard Deviation of 0.3445 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.0042, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares CMBS are expected to decrease at a much lower rate. During the bear market, IShares CMBS is likely to outperform the market.
Auto-correlation | -0.09 |
Very weak reverse predictability
iShares CMBS ETF has very weak reverse predictability. Overlapping area represents the amount of predictability between IShares CMBS 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 CMBS ETF price movement. The serial correlation of -0.09 indicates that less than 9.0% of current IShares CMBS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
iShares CMBS ETF lagged returns against current returns
Autocorrelation, which is IShares CMBS 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 CMBS's etf expected returns. We can calculate the autocorrelation of IShares CMBS returns to help us make a trade decision. For example, suppose you find that IShares CMBS 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 CMBS 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 CMBS etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares CMBS etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares CMBS etf over time.
Current vs Lagged Prices |
| Timeline |
IShares CMBS Lagged Returns
When evaluating IShares CMBS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares CMBS etf have on its future price. IShares CMBS 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 CMBS autocorrelation shows the relationship between IShares CMBS etf current value and its past values and can show if there is a momentum factor associated with investing in iShares CMBS ETF.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out IShares CMBS Correlation, IShares CMBS Volatility and IShares CMBS Alpha and Beta module to complement your research on IShares CMBS. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
IShares CMBS 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.