Ishares Mortgage Real Etf Market Value
| REM Etf | USD 23.07 0.11 0.47% |
| Symbol | IShares |
The market value of iShares Mortgage Real 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is IShares Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect IShares Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Mortgage'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 Mortgage '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 Mortgage'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 Mortgage.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in IShares Mortgage on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Mortgage Real or generate 0.0% return on investment in IShares Mortgage over 30 days. IShares Mortgage is related to or competes with VanEck Mortgage, IShares Residential, IShares Preferred, Global X, and Invesco KBW. The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and... More
IShares Mortgage 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 Mortgage'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 Mortgage Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.59 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.24 |
IShares Mortgage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Mortgage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Mortgage's standard deviation. In reality, there are many statistical measures that can use IShares Mortgage historical prices to predict the future IShares Mortgage's volatility.| Risk Adjusted Performance | 0.0083 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Mortgage'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 Mortgage Real Backtested Returns
iShares Mortgage Real holds Efficiency (Sharpe) Ratio of -0.0103, which attests that the entity had a -0.0103% return per unit of risk over the last 3 months. iShares Mortgage Real exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Mortgage's Downside Deviation of 1.13, market risk adjusted performance of 0.0056, and Risk Adjusted Performance of 0.0083 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.47, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Mortgage's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Mortgage is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
iShares Mortgage Real has good predictability. Overlapping area represents the amount of predictability between IShares Mortgage time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Mortgage Real price movement. The serial correlation of 0.67 indicates that around 67.0% of current IShares Mortgage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
iShares Mortgage Real lagged returns against current returns
Autocorrelation, which is IShares Mortgage 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 Mortgage's etf expected returns. We can calculate the autocorrelation of IShares Mortgage returns to help us make a trade decision. For example, suppose you find that IShares Mortgage 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 Mortgage 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 Mortgage etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Mortgage etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Mortgage etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Mortgage Lagged Returns
When evaluating IShares Mortgage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Mortgage etf have on its future price. IShares Mortgage 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 Mortgage autocorrelation shows the relationship between IShares Mortgage etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Mortgage Real.
Regressed Prices |
| Timeline |
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IShares Mortgage 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.