IShares Global's market value is the price at which a share of IShares Global trades on a public exchange. It measures the collective expectations of iShares Global High investors about its performance. IShares Global is selling for under 77.35 as of the 19th of January 2025; that is 0.09% up since the beginning of the trading day. The etf's lowest day price was 77.19. With this module, you can estimate the performance of a buy and hold strategy of iShares Global High and determine expected loss or profit from investing in IShares Global over a given investment horizon. Check out IShares Global Correlation, IShares Global Volatility and IShares Global Alpha and Beta module to complement your research on IShares Global.
Please note, there is a significant difference between IShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global'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 Global '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 Global'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 Global.
0.00
01/30/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/19/2025
0.00
If you would invest 0.00 in IShares Global on January 30, 2023 and sell it all today you would earn a total of 0.00 from holding iShares Global High or generate 0.0% return on investment in IShares Global over 720 days. IShares Global is related to or competes with IShares Corp, IShares Emerging, IShares VII, IShares Asia, IShares MSCI, IShares SP, and IShares MSCI. The fund is an exchange traded fund that aims to track the performance of the Markit iBoxx Global Developed Markets Liqu... More
IShares Global 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 Global'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 Global High upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Global's standard deviation. In reality, there are many statistical measures that can use IShares Global historical prices to predict the future IShares Global's volatility.
At this stage we consider IShares Etf to be very steady. iShares Global High holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Global High, which you can use to evaluate the volatility of the entity. Please check out IShares Global's Downside Deviation of 0.3789, market risk adjusted performance of 12.64, and Risk Adjusted Performance of 0.132 to validate if the risk estimate we provide is consistent with the expected return of 0.0483%. The etf retains a Market Volatility (i.e., Beta) of 0.0042, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Global is expected to be smaller as well.
Auto-correlation
0.14
Insignificant predictability
iShares Global High has insignificant predictability. Overlapping area represents the amount of predictability between IShares Global time series from 30th of January 2023 to 25th of January 2024 and 25th of January 2024 to 19th of January 2025. 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 Global High price movement. The serial correlation of 0.14 indicates that less than 14.0% of current IShares Global price fluctuation can be explain by its past prices.
Correlation Coefficient
0.14
Spearman Rank Test
0.19
Residual Average
0.0
Price Variance
2.31
iShares Global High lagged returns against current returns
Autocorrelation, which is IShares Global 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 Global's etf expected returns. We can calculate the autocorrelation of IShares Global returns to help us make a trade decision. For example, suppose you find that IShares Global 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 Global 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 Global etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Global etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Global etf over time.
Current vs Lagged Prices
Timeline
IShares Global Lagged Returns
When evaluating IShares Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Global etf have on its future price. IShares Global 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 Global autocorrelation shows the relationship between IShares Global etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Global High.
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.
IShares Global financial ratios help investors to determine whether IShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IShares with respect to the benefits of owning IShares Global security.