Ishares North American Etf Market Value
| IGE Etf | USD 56.55 0.04 0.07% |
| Symbol | IShares |
The market value of iShares North American 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 North's value that differs from its market value or its book value, called intrinsic value, which is IShares North'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 North's market value can be influenced by many factors that don't directly affect IShares North'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 North's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares North'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 North '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 North'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 North.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in IShares North on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding iShares North American or generate 0.0% return on investment in IShares North over 90 days. IShares North is related to or competes with IShares Currency, IShares Global, IShares Telecommunicatio, IShares Basic, WisdomTree International, IShares Insurance, and WisdomTree SmallCap. The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in ... More
IShares North 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 North'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 North American upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.0 | |||
| Information Ratio | 0.2049 | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.58 |
IShares North Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares North's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares North's standard deviation. In reality, there are many statistical measures that can use IShares North historical prices to predict the future IShares North's volatility.| Risk Adjusted Performance | 0.2131 | |||
| Jensen Alpha | 0.2371 | |||
| Total Risk Alpha | 0.1778 | |||
| Sortino Ratio | 0.202 | |||
| Treynor Ratio | 0.5366 |
IShares North January 27, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2131 | |||
| Market Risk Adjusted Performance | 0.5466 | |||
| Mean Deviation | 0.8093 | |||
| Semi Deviation | 0.693 | |||
| Downside Deviation | 1.0 | |||
| Coefficient Of Variation | 348.59 | |||
| Standard Deviation | 0.9872 | |||
| Variance | 0.9746 | |||
| Information Ratio | 0.2049 | |||
| Jensen Alpha | 0.2371 | |||
| Total Risk Alpha | 0.1778 | |||
| Sortino Ratio | 0.202 | |||
| Treynor Ratio | 0.5366 | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.58 | |||
| Downside Variance | 1.0 | |||
| Semi Variance | 0.4803 | |||
| Expected Short fall | (0.91) | |||
| Skewness | (0.45) | |||
| Kurtosis | (0.25) |
iShares North American Backtested Returns
IShares North appears to be very steady, given 3 months investment horizon. iShares North American holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares North American, which you can use to evaluate the volatility of the entity. Please utilize IShares North's Market Risk Adjusted Performance of 0.5466, risk adjusted performance of 0.2131, and Downside Deviation of 1.0 to validate if our risk estimates are consistent with your expectations. The etf retains a Market Volatility (i.e., Beta) of 0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares North's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares North is expected to be smaller as well.
Auto-correlation | 0.80 |
Very good predictability
iShares North American has very good predictability. Overlapping area represents the amount of predictability between IShares North time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. 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 North American price movement. The serial correlation of 0.8 indicates that around 80.0% of current IShares North price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 5.2 |
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.| HITI | High Tide | |
| HITI | High Tide | |
| BAC | Bank of America |
Check out IShares North Correlation, IShares North Volatility and IShares North Alpha and Beta module to complement your research on IShares North. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
IShares North 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.