Ishares International Developed Etf Market Value
| ISVL Etf | USD 35.57 0.14 0.40% |
| Symbol | IShares |
The market value of iShares International 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 International's value that differs from its market value or its book value, called intrinsic value, which is IShares International'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 International's market value can be influenced by many factors that don't directly affect IShares International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares International'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 International '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 International'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 International.
| 08/26/2024 |
| 11/24/2024 |
If you would invest 0.00 in IShares International on August 26, 2024 and sell it all today you would earn a total of 0.00 from holding iShares International Developed or generate 0.0% return on investment in IShares International over 90 days. IShares International is related to or competes with Schwab Fundamental, Schwab Fundamental, Schwab Fundamental, Schwab Fundamental, and Schwab International. The fund will invest at least 80 percent of its assets in the component securities of the index and in investments that ... More
IShares International 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 International'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 International Developed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 4.12 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.7 |
IShares International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares International's standard deviation. In reality, there are many statistical measures that can use IShares International historical prices to predict the future IShares International's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares International'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 International Backtested Returns
iShares International holds Efficiency (Sharpe) Ratio of -0.0835, which attests that the entity had a -0.0835% return per unit of risk over the last 3 months. iShares International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares International's Market Risk Adjusted Performance of (0.08), risk adjusted performance of (0.04), and Standard Deviation of 0.8224 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares International's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares International is expected to be smaller as well.
Auto-correlation | -0.52 |
Good reverse predictability
iShares International Developed has good reverse predictability. Overlapping area represents the amount of predictability between IShares International time series from 26th of August 2024 to 10th of October 2024 and 10th of October 2024 to 24th 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 International price movement. The serial correlation of -0.52 indicates that about 52.0% of current IShares International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
iShares International lagged returns against current returns
Autocorrelation, which is IShares International 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 International's etf expected returns. We can calculate the autocorrelation of IShares International returns to help us make a trade decision. For example, suppose you find that IShares International 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 International 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 International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares International etf over time.
Current vs Lagged Prices |
| Timeline |
IShares International Lagged Returns
When evaluating IShares International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares International etf have on its future price. IShares International 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 International autocorrelation shows the relationship between IShares International etf current value and its past values and can show if there is a momentum factor associated with investing in iShares International Developed.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out IShares International Correlation, IShares International Volatility and IShares International Alpha and Beta module to complement your research on IShares International. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
IShares International 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.