ISHARES IV's market value is the price at which a share of ISHARES IV trades on a public exchange. It measures the collective expectations of ISHARES IV PLC investors about its performance. ISHARES IV is selling for under 5.67 as of the 2nd of December 2024; that is 1.07 percent increase since the beginning of the trading day. The etf's lowest day price was 5.57. With this module, you can estimate the performance of a buy and hold strategy of ISHARES IV PLC and determine expected loss or profit from investing in ISHARES IV over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
ISHARES
ISHARES IV '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 IV'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 IV.
0.00
12/13/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/02/2024
0.00
If you would invest 0.00 in ISHARES IV on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding ISHARES IV PLC or generate 0.0% return on investment in ISHARES IV over 720 days.
ISHARES IV 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 IV'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 IV PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ISHARES IV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ISHARES IV's standard deviation. In reality, there are many statistical measures that can use ISHARES IV historical prices to predict the future ISHARES IV's volatility.
Currently, ISHARES IV PLC is somewhat reliable. ISHARES IV PLC holds Efficiency (Sharpe) Ratio of 0.032, which attests that the entity had a 0.032% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for ISHARES IV PLC, which you can use to evaluate the volatility of the entity. Please check out ISHARES IV's Risk Adjusted Performance of 0.0011, coefficient of variation of (17,521), and Market Risk Adjusted Performance of (0.08) to validate if the risk estimate we provide is consistent with the expected return of 0.051%. The etf retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, ISHARES IV's returns are expected to increase less than the market. However, during the bear market, the loss of holding ISHARES IV is expected to be smaller as well.
Auto-correlation
0.31
Below average predictability
ISHARES IV PLC has below average predictability. Overlapping area represents the amount of predictability between ISHARES IV time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 IV PLC price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current ISHARES IV price fluctuation can be explain by its past prices.
Correlation Coefficient
0.31
Spearman Rank Test
0.08
Residual Average
0.0
Price Variance
0.17
ISHARES IV PLC lagged returns against current returns
Autocorrelation, which is ISHARES IV 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 IV's etf expected returns. We can calculate the autocorrelation of ISHARES IV returns to help us make a trade decision. For example, suppose you find that ISHARES IV 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 IV 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 IV etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ISHARES IV etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ISHARES IV etf over time.
Current vs Lagged Prices
Timeline
ISHARES IV Lagged Returns
When evaluating ISHARES IV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ISHARES IV etf have on its future price. ISHARES IV 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 IV autocorrelation shows the relationship between ISHARES IV etf current value and its past values and can show if there is a momentum factor associated with investing in ISHARES IV PLC.
Regressed Prices
Timeline
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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.