IShares Trust (Mexico) Market Value

EFA Etf  MXN 1,591  14.54  0.92%   
IShares Trust's market value is the price at which a share of IShares Trust trades on a public exchange. It measures the collective expectations of iShares Trust investors about its performance. IShares Trust is trading at 1591.11 as of the 30th of November 2024; that is 0.92 percent increase since the beginning of the trading day. The etf's open price was 1576.57.
With this module, you can estimate the performance of a buy and hold strategy of iShares Trust and determine expected loss or profit from investing in IShares Trust over a given investment horizon. Check out IShares Trust Correlation, IShares Trust Volatility and IShares Trust Alpha and Beta module to complement your research on IShares Trust.
For more information on how to buy IShares Etf please use our How to Invest in IShares Trust guide.
Symbol

Please note, there is a significant difference between IShares Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Trust'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 Trust '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 Trust'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 Trust.
0.00
10/31/2024
No Change 0.00  0.0 
In 30 days
11/30/2024
0.00
If you would invest  0.00  in IShares Trust on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Trust or generate 0.0% return on investment in IShares Trust over 30 days. IShares Trust is related to or competes with IShares Trust, IShares Trust, IShares Trust, IShares Trust, IShares IShares, IShares Trust, and IShares Trust. The investment seeks to track the investment results of the MSCI EAFE Index composed of large- and mid-capitalization de... More

IShares Trust 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 Trust'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 Trust upside and downside potential and time the market with a certain degree of confidence.

IShares Trust Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Trust's standard deviation. In reality, there are many statistical measures that can use IShares Trust historical prices to predict the future IShares Trust's volatility.
Hype
Prediction
LowEstimatedHigh
1,5901,5911,592
Details
Intrinsic
Valuation
LowRealHigh
1,5841,5851,750
Details
Naive
Forecast
LowNextHigh
1,5971,5981,599
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,5811,5901,599
Details

iShares Trust Backtested Returns

iShares Trust holds Efficiency (Sharpe) Ratio of -0.0413, which attests that the entity had a -0.0413% return per unit of risk over the last 3 months. iShares Trust exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Trust's Market Risk Adjusted Performance of 0.2579, downside deviation of 1.45, and Risk Adjusted Performance of 0.0129 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.0109, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Trust is expected to be smaller as well.

Auto-correlation

    
  -0.88  

Excellent reverse predictability

iShares Trust has excellent reverse predictability. Overlapping area represents the amount of predictability between IShares Trust time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Trust price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current IShares Trust price fluctuation can be explain by its past prices.
Correlation Coefficient-0.88
Spearman Rank Test0.89
Residual Average0.0
Price Variance20.84

iShares Trust lagged returns against current returns

Autocorrelation, which is IShares Trust 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 Trust's etf expected returns. We can calculate the autocorrelation of IShares Trust returns to help us make a trade decision. For example, suppose you find that IShares Trust 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 Trust 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 Trust etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Trust etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Trust etf over time.
   Current vs Lagged Prices   
       Timeline  

IShares Trust Lagged Returns

When evaluating IShares Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Trust etf have on its future price. IShares Trust 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 Trust autocorrelation shows the relationship between IShares Trust etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Trust .
   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.

Additional Information and Resources on Investing in IShares Etf

When determining whether iShares Trust is a strong investment it is important to analyze IShares Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Trust's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:
Check out IShares Trust Correlation, IShares Trust Volatility and IShares Trust Alpha and Beta module to complement your research on IShares Trust.
For more information on how to buy IShares Etf please use our How to Invest in IShares Trust guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
IShares Trust 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.
A focus of IShares Trust technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IShares Trust trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...