Ishares Bb Rated Etf Market Value
| HYBB Etf | USD 46.83 0.12 0.26% |
| Symbol | IShares |
The market value of iShares BB Rated 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 BB's value that differs from its market value or its book value, called intrinsic value, which is IShares BB'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 BB's market value can be influenced by many factors that don't directly affect IShares BB'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 BB's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares BB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares BB'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 BB '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 BB'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 BB.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in IShares BB on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding iShares BB Rated or generate 0.0% return on investment in IShares BB over 30 days. IShares BB is related to or competes with IShares Edge, and IShares JP. The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and the fund... More
IShares BB 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 BB'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 BB Rated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.204 | |||
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 0.8369 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.3462 |
IShares BB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares BB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares BB's standard deviation. In reality, there are many statistical measures that can use IShares BB historical prices to predict the future IShares BB's volatility.| Risk Adjusted Performance | 0.0422 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.52) | |||
| Treynor Ratio | 0.0963 |
iShares BB Rated Backtested Returns
At this point, IShares BB is very steady. iShares BB Rated holds Efficiency (Sharpe) Ratio of 0.0952, which attests that the entity had a 0.0952% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares BB Rated, which you can use to evaluate the volatility of the entity. Please check out IShares BB's Risk Adjusted Performance of 0.0422, market risk adjusted performance of 0.1063, and Downside Deviation of 0.204 to validate if the risk estimate we provide is consistent with the expected return of 0.0193%. The etf retains a Market Volatility (i.e., Beta) of 0.0875, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares BB's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares BB is expected to be smaller as well.
Auto-correlation | 0.68 |
Good predictability
iShares BB Rated has good predictability. Overlapping area represents the amount of predictability between IShares BB time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 BB Rated price movement. The serial correlation of 0.68 indicates that around 68.0% of current IShares BB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
iShares BB Rated lagged returns against current returns
Autocorrelation, which is IShares BB 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 BB's etf expected returns. We can calculate the autocorrelation of IShares BB returns to help us make a trade decision. For example, suppose you find that IShares BB 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 BB 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 BB etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares BB etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares BB etf over time.
Current vs Lagged Prices |
| Timeline |
IShares BB Lagged Returns
When evaluating IShares BB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares BB etf have on its future price. IShares BB 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 BB autocorrelation shows the relationship between IShares BB etf current value and its past values and can show if there is a momentum factor associated with investing in iShares BB Rated.
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 BB Rated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares BB'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 Bb Rated Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Bb Rated Etf:Check out IShares BB Correlation, IShares BB Volatility and IShares BB Alpha and Beta module to complement your research on IShares BB. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
IShares BB 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.