Ishares Treasury Bond Etf Market Value
| GOVT Etf | USD 22.64 0.01 0.04% |
| Symbol | IShares |
The market value of iShares Treasury Bond 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 Treasury's value that differs from its market value or its book value, called intrinsic value, which is IShares Treasury'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 Treasury's market value can be influenced by many factors that don't directly affect IShares Treasury'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 Treasury's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Treasury is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Treasury'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 Treasury '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 Treasury'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 Treasury.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in IShares Treasury on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Treasury Bond or generate 0.0% return on investment in IShares Treasury over 30 days. IShares Treasury is related to or competes with IShares MBS, IShares Core, IShares 3, IShares 10, and IShares Short. The fund will invest at least 80 percent of its assets in the component securities of the underlying index and will inve... More
IShares Treasury 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 Treasury'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 Treasury Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.58) | |||
| Maximum Drawdown | 1.4 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.4411 |
IShares Treasury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Treasury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Treasury's standard deviation. In reality, there are many statistical measures that can use IShares Treasury historical prices to predict the future IShares Treasury's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.4343 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Treasury'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 Treasury Bond Backtested Returns
iShares Treasury Bond holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. iShares Treasury Bond exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Treasury's Market Risk Adjusted Performance of 0.4443, risk adjusted performance of (0.1), and Standard Deviation of 0.2781 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.0908, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Treasury are expected to decrease at a much lower rate. During the bear market, IShares Treasury is likely to outperform the market.
Auto-correlation | 0.15 |
Insignificant predictability
iShares Treasury Bond has insignificant predictability. Overlapping area represents the amount of predictability between IShares Treasury time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Treasury Bond price movement. The serial correlation of 0.15 indicates that less than 15.0% of current IShares Treasury price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
iShares Treasury Bond lagged returns against current returns
Autocorrelation, which is IShares Treasury 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 Treasury's etf expected returns. We can calculate the autocorrelation of IShares Treasury returns to help us make a trade decision. For example, suppose you find that IShares Treasury 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 Treasury 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 Treasury etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Treasury etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Treasury etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Treasury Lagged Returns
When evaluating IShares Treasury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Treasury etf have on its future price. IShares Treasury 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 Treasury autocorrelation shows the relationship between IShares Treasury etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Treasury Bond.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out IShares Treasury Correlation, IShares Treasury Volatility and IShares Treasury Alpha and Beta module to complement your research on IShares Treasury. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
IShares Treasury 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.