Ishares Regional Banks Etf Market Value
| IAT Etf | USD 56.68 0.22 0.39% |
| Symbol | IShares |
The market value of iShares Regional Banks 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 Regional's value that differs from its market value or its book value, called intrinsic value, which is IShares Regional'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 Regional's market value can be influenced by many factors that don't directly affect IShares Regional'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 Regional's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Regional is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Regional'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 Regional '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 Regional'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 Regional.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in IShares Regional on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Regional Banks or generate 0.0% return on investment in IShares Regional over 30 days. IShares Regional is related to or competes with IShares Broker, IShares Insurance, IShares Financial, IShares Financials, and IShares Oil. The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and... More
IShares Regional 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 Regional'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 Regional Banks upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0857 | |||
| Maximum Drawdown | 14.35 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.63 |
IShares Regional Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Regional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Regional's standard deviation. In reality, there are many statistical measures that can use IShares Regional historical prices to predict the future IShares Regional's volatility.| Risk Adjusted Performance | 0.124 | |||
| Jensen Alpha | 0.0474 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1356 | |||
| Treynor Ratio | 0.1446 |
iShares Regional Banks Backtested Returns
IShares Regional appears to be very steady, given 3 months investment horizon. iShares Regional Banks holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Regional Banks, which you can use to evaluate the volatility of the entity. Please utilize IShares Regional's Risk Adjusted Performance of 0.124, market risk adjusted performance of 0.1546, and Downside Deviation of 1.2 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 1.96, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IShares Regional will likely underperform.
Auto-correlation | 0.83 |
Very good predictability
iShares Regional Banks has very good predictability. Overlapping area represents the amount of predictability between IShares Regional time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Regional Banks price movement. The serial correlation of 0.83 indicates that around 83.0% of current IShares Regional price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.97 |
iShares Regional Banks lagged returns against current returns
Autocorrelation, which is IShares Regional 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 Regional's etf expected returns. We can calculate the autocorrelation of IShares Regional returns to help us make a trade decision. For example, suppose you find that IShares Regional 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 Regional 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 Regional etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Regional etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Regional etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Regional Lagged Returns
When evaluating IShares Regional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Regional etf have on its future price. IShares Regional 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 Regional autocorrelation shows the relationship between IShares Regional etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Regional Banks.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out IShares Regional Correlation, IShares Regional Volatility and IShares Regional Alpha and Beta module to complement your research on IShares Regional. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
IShares Regional 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.