Ishares Global Tech Etf Market Value
| IXN Etf | USD 102.03 1.57 1.52% |
| Symbol | IShares |
The market value of iShares Global Tech 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 Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because IShares Global's market value can be influenced by many factors that don't directly affect IShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, IShares Global's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
IShares Global '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 Global'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 Global.
| 11/08/2025 |
| 02/06/2026 |
If you would invest 0.00 in IShares Global on November 8, 2025 and sell it all today you would earn a total of 0.00 from holding iShares Global Tech or generate 0.0% return on investment in IShares Global over 90 days. IShares Global is related to or competes with IShares SP, IShares SP, IShares Biotechnology, IShares SP, IShares MSCI, Vanguard Industrials, and IShares Global. The index measures the performance of all members of the SP Global 1200 that are classified within the GICS information ... More
IShares Global 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 Global'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 Global Tech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.78 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 1.78 |
IShares Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Global's standard deviation. In reality, there are many statistical measures that can use IShares Global historical prices to predict the future IShares Global's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Global'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 Global February 6, 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 1.06 | |||
| Coefficient Of Variation | (1,352) | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.79 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 5.78 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 1.78 | |||
| Skewness | (0.49) | |||
| Kurtosis | (0.28) |
iShares Global Tech Backtested Returns
iShares Global Tech holds Efficiency (Sharpe) Ratio of -0.0605, which attests that the entity had a -0.0605 % return per unit of risk over the last 3 months. iShares Global Tech exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Global's Risk Adjusted Performance of (0.05), market risk adjusted performance of (0.11), and Standard Deviation of 1.34 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.91, which attests to possible diversification benefits within a given portfolio. IShares Global returns are very sensitive to returns on the market. As the market goes up or down, IShares Global is expected to follow.
Auto-correlation | -0.15 |
Insignificant reverse predictability
iShares Global Tech has insignificant reverse predictability. Overlapping area represents the amount of predictability between IShares Global time series from 8th of November 2025 to 23rd of December 2025 and 23rd of December 2025 to 6th of February 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 Global Tech price movement. The serial correlation of -0.15 indicates that less than 15.0% of current IShares Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.85 |
Pair Trading with IShares Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares Global will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.81 | VGT | Vanguard Information | PairCorr |
| 0.9 | XLK | Technology Select Sector | PairCorr |
| 0.83 | IYW | iShares Technology ETF | PairCorr |
| 0.73 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.7 | SOXX | iShares Semiconductor ETF | PairCorr |
The ability to find closely correlated positions to IShares Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Global Tech to buy it.
The correlation of IShares Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Global Tech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out IShares Global Correlation, IShares Global Volatility and IShares Global Performance module to complement your research on IShares Global. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
IShares Global 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.