Ishares Blockchain And Etf Market Value
| IBLC Etf | USD 40.14 0.71 1.74% |
| Symbol | IShares |
The market value of iShares Blockchain and 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 Blockchain's value that differs from its market value or its book value, called intrinsic value, which is IShares Blockchain'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 Blockchain's market value can be influenced by many factors that don't directly affect IShares Blockchain'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 Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Blockchain'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 Blockchain '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 Blockchain'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 Blockchain.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in IShares Blockchain on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Blockchain and or generate 0.0% return on investment in IShares Blockchain over 30 days. IShares Blockchain is related to or competes with Fidelity Crypto, IShares Emergent, Valkyrie Bitcoin, VanEck Digital, and Global X. The fund invests at least 80 percent of its assets in the component securities of its index and in investments that have... More
IShares Blockchain 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 Blockchain'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 Blockchain and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.68 | |||
| Information Ratio | 0.1136 | |||
| Maximum Drawdown | 25.63 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 5.82 |
IShares Blockchain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Blockchain's standard deviation. In reality, there are many statistical measures that can use IShares Blockchain historical prices to predict the future IShares Blockchain's volatility.| Risk Adjusted Performance | 0.1103 | |||
| Jensen Alpha | 0.2416 | |||
| Total Risk Alpha | 0.0866 | |||
| Sortino Ratio | 0.135 | |||
| Treynor Ratio | 0.146 |
iShares Blockchain and Backtested Returns
IShares Blockchain appears to be not too volatile, given 3 months investment horizon. iShares Blockchain and 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. By evaluating IShares Blockchain's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize IShares Blockchain's Downside Deviation of 3.68, risk adjusted performance of 0.1103, and Market Risk Adjusted Performance of 0.156 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 3.99, 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 Blockchain will likely underperform.
Auto-correlation | 0.08 |
Virtually no predictability
iShares Blockchain and has virtually no predictability. Overlapping area represents the amount of predictability between IShares Blockchain time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Blockchain and price movement. The serial correlation of 0.08 indicates that barely 8.0% of current IShares Blockchain price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 3.66 |
iShares Blockchain and lagged returns against current returns
Autocorrelation, which is IShares Blockchain 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 Blockchain's etf expected returns. We can calculate the autocorrelation of IShares Blockchain returns to help us make a trade decision. For example, suppose you find that IShares Blockchain 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 Blockchain 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 Blockchain etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Blockchain etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Blockchain etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Blockchain Lagged Returns
When evaluating IShares Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Blockchain etf have on its future price. IShares Blockchain 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 Blockchain autocorrelation shows the relationship between IShares Blockchain etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Blockchain and.
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 Blockchain and offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Blockchain'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 Blockchain And Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Blockchain And Etf:Check out IShares Blockchain Correlation, IShares Blockchain Volatility and IShares Blockchain Alpha and Beta module to complement your research on IShares Blockchain. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
IShares Blockchain 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.