Ishares High Yield Etf Market Value
| HIMU Etf | 49.07 0.02 0.04% |
| Symbol | IShares |
The market value of iShares High Yield 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 High's value that differs from its market value or its book value, called intrinsic value, which is IShares High'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 High's market value can be influenced by many factors that don't directly affect IShares High'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 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares High'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 High '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 High'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 High.
| 11/14/2025 |
| 01/13/2026 |
If you would invest 0.00 in IShares High on November 14, 2025 and sell it all today you would earn a total of 0.00 from holding iShares High Yield or generate 0.0% return on investment in IShares High over 60 days. IShares High is related to or competes with NuShares ETF, Eaton Vance, Invesco Taxable, Putnam ETF, VanEck High, Overlay Shares, and Invesco VRDO. IShares High is entity of United States. It is traded as Etf on BATS exchange. More
IShares High 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 High'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 High Yield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1545 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 0.8276 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.2869 |
IShares High Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares High's standard deviation. In reality, there are many statistical measures that can use IShares High historical prices to predict the future IShares High's volatility.| Risk Adjusted Performance | 0.1137 | |||
| Jensen Alpha | 0.0208 | |||
| Total Risk Alpha | 0.0036 | |||
| Sortino Ratio | (0.42) | |||
| Treynor Ratio | 1.33 |
iShares High Yield Backtested Returns
Currently, iShares High Yield is very steady. iShares High Yield 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. We have found twenty-seven technical indicators for iShares High Yield, which you can use to evaluate the volatility of the entity. Please check out IShares High's Market Risk Adjusted Performance of 1.34, coefficient of variation of 494.97, and Risk Adjusted Performance of 0.1137 to validate if the risk estimate we provide is consistent with the expected return of 0.0176%. The etf retains a Market Volatility (i.e., Beta) of 0.0167, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares High's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares High is expected to be smaller as well.
Auto-correlation | -0.67 |
Very good reverse predictability
iShares High Yield has very good reverse predictability. Overlapping area represents the amount of predictability between IShares High time series from 14th of November 2025 to 14th of December 2025 and 14th of December 2025 to 13th of January 2026. 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 High Yield price movement. The serial correlation of -0.67 indicates that around 67.0% of current IShares High price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
iShares High Yield lagged returns against current returns
Autocorrelation, which is IShares High 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 High's etf expected returns. We can calculate the autocorrelation of IShares High returns to help us make a trade decision. For example, suppose you find that IShares High 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 High 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 High etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares High etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares High etf over time.
Current vs Lagged Prices |
| Timeline |
IShares High Lagged Returns
When evaluating IShares High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares High etf have on its future price. IShares High 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 High autocorrelation shows the relationship between IShares High etf current value and its past values and can show if there is a momentum factor associated with investing in iShares High Yield.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out IShares High Correlation, IShares High Volatility and IShares High Alpha and Beta module to complement your research on IShares High. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
IShares High 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.