Ishares Intermediate Governmentcredit Etf Market Value
| GVI Etf | USD 105.03 0.48 0.46% |
| Symbol | IShares |
The market value of iShares Intermediate 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 Intermediate's value that differs from its market value or its book value, called intrinsic value, which is IShares Intermediate'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 Intermediate's market value can be influenced by many factors that don't directly affect IShares Intermediate'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 Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Intermediate'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 Intermediate '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 Intermediate'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 Intermediate.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in IShares Intermediate on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Intermediate GovernmentCredit or generate 0.0% return on investment in IShares Intermediate over 30 days. IShares Intermediate is related to or competes with IShares GovernmentCredit, IShares Agency, IShares New, IShares MBS, and IShares 10. The fund will invest at least 80 percent of its assets in the component securities of the index, and it will invest at l... More
IShares Intermediate 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 Intermediate'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 Intermediate GovernmentCredit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.73) | |||
| Maximum Drawdown | 0.8488 | |||
| Value At Risk | (0.29) | |||
| Potential Upside | 0.2838 |
IShares Intermediate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Intermediate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Intermediate's standard deviation. In reality, there are many statistical measures that can use IShares Intermediate historical prices to predict the future IShares Intermediate's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.4437 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Intermediate'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 Intermediate Backtested Returns
iShares Intermediate holds Efficiency (Sharpe) Ratio of -0.0427, which attests that the entity had a -0.0427% return per unit of risk over the last 3 months. iShares Intermediate exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Intermediate's Risk Adjusted Performance of (0.07), market risk adjusted performance of 0.4537, and Standard Deviation of 0.1878 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.0416, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Intermediate are expected to decrease at a much lower rate. During the bear market, IShares Intermediate is likely to outperform the market.
Auto-correlation | -0.08 |
Very weak reverse predictability
iShares Intermediate GovernmentCredit has very weak reverse predictability. Overlapping area represents the amount of predictability between IShares Intermediate time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Intermediate price movement. The serial correlation of -0.08 indicates that barely 8.0% of current IShares Intermediate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
iShares Intermediate lagged returns against current returns
Autocorrelation, which is IShares Intermediate 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 Intermediate's etf expected returns. We can calculate the autocorrelation of IShares Intermediate returns to help us make a trade decision. For example, suppose you find that IShares Intermediate 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 |
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IShares Intermediate 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 Intermediate etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Intermediate etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Intermediate etf over time.
Current vs Lagged Prices |
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IShares Intermediate Lagged Returns
When evaluating IShares Intermediate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Intermediate etf have on its future price. IShares Intermediate 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 Intermediate autocorrelation shows the relationship between IShares Intermediate etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Intermediate GovernmentCredit.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether iShares Intermediate offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Intermediate'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 Intermediate Governmentcredit Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Intermediate Governmentcredit Etf:Check out IShares Intermediate Correlation, IShares Intermediate Volatility and IShares Intermediate Alpha and Beta module to complement your research on IShares Intermediate. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
IShares Intermediate 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.