Ishares Large Cap Etf Market Value
| MAXJ Etf | 26.38 0.05 0.19% |
| Symbol | IShares |
The market value of iShares Large Cap 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 Large's value that differs from its market value or its book value, called intrinsic value, which is IShares Large'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 Large's market value can be influenced by many factors that don't directly affect IShares Large'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 Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Large'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 Large '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 Large'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 Large.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in IShares Large on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Large Cap or generate 0.0% return on investment in IShares Large over 180 days. IShares Large is related to or competes with FT Vest, Northern Lights, Dimensional International, Matthews China, Davis Select, First Trust, and EA Series. IShares Large is entity of United States More
IShares Large 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 Large'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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3128 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.5068 |
IShares Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Large's standard deviation. In reality, there are many statistical measures that can use IShares Large historical prices to predict the future IShares Large's volatility.| Risk Adjusted Performance | 0.0945 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.1221 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Large'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 Large Cap Backtested Returns
IShares Large is very steady at the moment. iShares Large Cap holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Large Cap, which you can use to evaluate the volatility of the entity. Please check out IShares Large's Market Risk Adjusted Performance of 0.1321, risk adjusted performance of 0.0945, and Downside Deviation of 0.3128 to validate if the risk estimate we provide is consistent with the expected return of 0.0473%. The etf retains a Market Volatility (i.e., Beta) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Large is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
iShares Large Cap has average predictability. Overlapping area represents the amount of predictability between IShares Large time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Large Cap price movement. The serial correlation of 0.43 indicates that just about 43.0% of current IShares Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
iShares Large Cap lagged returns against current returns
Autocorrelation, which is IShares Large 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 Large's etf expected returns. We can calculate the autocorrelation of IShares Large returns to help us make a trade decision. For example, suppose you find that IShares Large 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 Large 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 Large etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Large etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Large etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Large Lagged Returns
When evaluating IShares Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Large etf have on its future price. IShares Large 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 Large autocorrelation shows the relationship between IShares Large etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Large Cap.
Regressed Prices |
| Timeline |
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IShares Large 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.