Ishares Aaa Etf Market Value
| QLTA Etf | USD 47.05 0.05 0.11% |
| Symbol | IShares |
The market value of iShares Aaa 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 Aaa's value that differs from its market value or its book value, called intrinsic value, which is IShares Aaa'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 Aaa's market value can be influenced by many factors that don't directly affect IShares Aaa'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 Aaa's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Aaa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Aaa'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 Aaa '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 Aaa'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 Aaa.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in IShares Aaa on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding iShares Aaa or generate 0.0% return on investment in IShares Aaa over 30 days. IShares Aaa is related to or competes with VanEck Vectors, Valued Advisers, Xtrackers California, Principal Exchange, Vanguard ESG, PIMCO Enhanced, and Vanguard Intermediate. The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and the fund... More
IShares Aaa 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 Aaa'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 Aaa upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 2.01 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.5964 |
IShares Aaa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Aaa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Aaa's standard deviation. In reality, there are many statistical measures that can use IShares Aaa historical prices to predict the future IShares Aaa's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.71) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Aaa'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 Aaa Backtested Returns
iShares Aaa holds Efficiency (Sharpe) Ratio of -0.0152, which attests that the entity had a -0.0152 % return per unit of risk over the last 3 months. iShares Aaa exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Aaa's Standard Deviation of 0.3726, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.70) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.023, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Aaa's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Aaa is expected to be smaller as well.
Auto-correlation | -0.54 |
Good reverse predictability
iShares Aaa has good reverse predictability. Overlapping area represents the amount of predictability between IShares Aaa time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. 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 Aaa price movement. The serial correlation of -0.54 indicates that about 54.0% of current IShares Aaa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
iShares Aaa lagged returns against current returns
Autocorrelation, which is IShares Aaa 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 Aaa's etf expected returns. We can calculate the autocorrelation of IShares Aaa returns to help us make a trade decision. For example, suppose you find that IShares Aaa 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 Aaa 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 Aaa etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Aaa etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Aaa etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Aaa Lagged Returns
When evaluating IShares Aaa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Aaa etf have on its future price. IShares Aaa 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 Aaa autocorrelation shows the relationship between IShares Aaa etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Aaa .
Regressed Prices |
| Timeline |
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.When determining whether iShares Aaa offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Aaa's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Aaa Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Aaa Etf:Check out IShares Aaa Correlation, IShares Aaa Volatility and IShares Aaa Alpha and Beta module to complement your research on IShares Aaa. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
IShares Aaa 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.