Ishares PLC (Germany) Market Value
| IBC1 Etf | EUR 107.60 0.11 0.10% |
| Symbol | Ishares |
Please note, there is a significant difference between Ishares PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ishares PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ishares PLC'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 PLC '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 PLC'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 PLC.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Ishares PLC on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Ishares PLC or generate 0.0% return on investment in Ishares PLC over 30 days. More
Ishares PLC 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 PLC'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 PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.845 | |||
| Information Ratio | 0.0174 | |||
| Maximum Drawdown | 4.14 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 2.13 |
Ishares PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ishares PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ishares PLC's standard deviation. In reality, there are many statistical measures that can use Ishares PLC historical prices to predict the future Ishares PLC's volatility.| Risk Adjusted Performance | 0.121 | |||
| Jensen Alpha | 0.1356 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0186 | |||
| Treynor Ratio | (3.35) |
Ishares PLC Backtested Returns
Currently, Ishares PLC is very steady. Ishares PLC 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 twenty-nine technical indicators for Ishares PLC, which you can use to evaluate the volatility of the entity. Please check out Ishares PLC's Downside Deviation of 0.845, risk adjusted performance of 0.121, and Market Risk Adjusted Performance of (3.34) to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The etf retains a Market Volatility (i.e., Beta) of -0.0391, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ishares PLC are expected to decrease at a much lower rate. During the bear market, Ishares PLC is likely to outperform the market.
Auto-correlation | -0.39 |
Poor reverse predictability
Ishares PLC has poor reverse predictability. Overlapping area represents the amount of predictability between Ishares PLC 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 PLC price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Ishares PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Ishares PLC lagged returns against current returns
Autocorrelation, which is Ishares PLC 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 PLC's etf expected returns. We can calculate the autocorrelation of Ishares PLC returns to help us make a trade decision. For example, suppose you find that Ishares PLC 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 PLC 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 PLC etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ishares PLC etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ishares PLC etf over time.
Current vs Lagged Prices |
| Timeline |
Ishares PLC Lagged Returns
When evaluating Ishares PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ishares PLC etf have on its future price. Ishares PLC 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 PLC autocorrelation shows the relationship between Ishares PLC etf current value and its past values and can show if there is a momentum factor associated with investing in Ishares PLC .
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Ishares Etf
Ishares PLC 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 PLC security.