Ishares Edge Msci Etf Market Value
| INTF Etf | USD 29.49 0.13 0.44% |
| Symbol | IShares |
The market value of iShares Edge MSCI 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 Edge's value that differs from its market value or its book value, called intrinsic value, which is IShares Edge'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 Edge's market value can be influenced by many factors that don't directly affect IShares Edge'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 Edge's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Edge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Edge'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 Edge '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 Edge'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 Edge.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in IShares Edge on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Edge MSCI or generate 0.0% return on investment in IShares Edge over 90 days. IShares Edge is related to or competes with IShares Equity, IShares MSCI, IShares MSCI, IShares MSCI, and IShares MSCI. The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and... More
IShares Edge 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 Edge'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 Edge MSCI upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 4.05 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.06 |
IShares Edge Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Edge's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Edge's standard deviation. In reality, there are many statistical measures that can use IShares Edge historical prices to predict the future IShares Edge's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Edge's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
iShares Edge MSCI Backtested Returns
iShares Edge MSCI holds Efficiency (Sharpe) Ratio of -0.0636, which attests that the entity had a -0.0636% return per unit of risk over the last 3 months. iShares Edge MSCI exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Edge's Market Risk Adjusted Performance of (0.18), risk adjusted performance of (0.07), and Standard Deviation of 0.8555 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Edge's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Edge is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
iShares Edge MSCI has poor reverse predictability. Overlapping area represents the amount of predictability between IShares Edge time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 Edge MSCI price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current IShares Edge price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
iShares Edge MSCI lagged returns against current returns
Autocorrelation, which is IShares Edge 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 Edge's etf expected returns. We can calculate the autocorrelation of IShares Edge returns to help us make a trade decision. For example, suppose you find that IShares Edge 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 Edge 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 Edge etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Edge etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Edge etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Edge Lagged Returns
When evaluating IShares Edge's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Edge etf have on its future price. IShares Edge 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 Edge autocorrelation shows the relationship between IShares Edge etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Edge MSCI.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether iShares Edge MSCI is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Edge Msci Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Edge Msci Etf:Check out IShares Edge Correlation, IShares Edge Volatility and IShares Edge Alpha and Beta module to complement your research on IShares Edge. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
IShares Edge 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.