Ishares Select Dividend Etf Market Value
| DVY Etf | USD 135.70 1.05 0.78% |
| Symbol | IShares |
The market value of iShares Select Dividend 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 Select's value that differs from its market value or its book value, called intrinsic value, which is IShares Select'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 Select's market value can be influenced by many factors that don't directly affect IShares Select'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 Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Select'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 Select '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 Select'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 Select.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in IShares Select on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Select Dividend or generate 0.0% return on investment in IShares Select over 30 days. IShares Select is related to or competes with SPDR SP, Vanguard Dividend, IShares Core, IShares Preferred, and IShares International. The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and... More
IShares Select 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 Select'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 Select Dividend upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8925 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 5.56 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.29 |
IShares Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Select's standard deviation. In reality, there are many statistical measures that can use IShares Select historical prices to predict the future IShares Select's volatility.| Risk Adjusted Performance | 0.0098 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.0006) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Select's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
iShares Select Dividend Backtested Returns
At this stage we consider IShares Etf to be very steady. iShares Select Dividend holds Efficiency (Sharpe) Ratio of 0.0579, which attests that the entity had a 0.0579 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for iShares Select Dividend, which you can use to evaluate the volatility of the entity. Please check out IShares Select's Risk Adjusted Performance of 0.0098, downside deviation of 0.8925, and Market Risk Adjusted Performance of 0.0094 to validate if the risk estimate we provide is consistent with the expected return of 0.0508%. The etf retains a Market Volatility (i.e., Beta) of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Select is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
iShares Select Dividend has poor reverse predictability. Overlapping area represents the amount of predictability between IShares Select time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. 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 Select Dividend price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current IShares Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
iShares Select Dividend lagged returns against current returns
Autocorrelation, which is IShares Select 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 Select's etf expected returns. We can calculate the autocorrelation of IShares Select returns to help us make a trade decision. For example, suppose you find that IShares Select 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 Select 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 Select etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Select etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Select etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Select Lagged Returns
When evaluating IShares Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Select etf have on its future price. IShares Select 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 Select autocorrelation shows the relationship between IShares Select etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Select Dividend.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether iShares Select Dividend offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Select's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Select Dividend Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Select Dividend Etf:Check out IShares Select Correlation, IShares Select Volatility and IShares Select Alpha and Beta module to complement your research on IShares Select. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
IShares Select 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.