Ishares Treasury Floating Etf Market Value
| TFLO Etf | USD 50.61 0.01 0.02% |
| Symbol | IShares |
The market value of iShares Treasury Floating 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 Treasury's value that differs from its market value or its book value, called intrinsic value, which is IShares Treasury'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 Treasury's market value can be influenced by many factors that don't directly affect IShares Treasury'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 Treasury's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Treasury is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Treasury'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 Treasury '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 Treasury'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 Treasury.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in IShares Treasury on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Treasury Floating or generate 0.0% return on investment in IShares Treasury over 90 days. IShares Treasury is related to or competes with First Trust, First Trust, First Trust, First Trust, and First Trust. The fund will invest at least 80 percent of its assets in the component securities of the underlying index and will inve... More
IShares Treasury 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 Treasury'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 Treasury Floating upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (6.68) | |||
| Maximum Drawdown | 0.06 | |||
| Potential Upside | 0.04 |
IShares Treasury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Treasury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Treasury's standard deviation. In reality, there are many statistical measures that can use IShares Treasury historical prices to predict the future IShares Treasury's volatility.| Risk Adjusted Performance | 0.4439 | |||
| Jensen Alpha | 0.0092 | |||
| Total Risk Alpha | 0.0067 | |||
| Treynor Ratio | 8.44 |
iShares Treasury Floating Backtested Returns
As of now, IShares Etf is very steady. iShares Treasury Floating holds Efficiency (Sharpe) Ratio of 1.18, which attests that the entity had a 1.18% return per unit of risk over the last 3 months. We have found twenty technical indicators for iShares Treasury Floating, which you can use to evaluate the volatility of the entity. Please check out IShares Treasury's Market Risk Adjusted Performance of 8.45, risk adjusted performance of 0.4439, and Standard Deviation of 0.0164 to validate if the risk estimate we provide is consistent with the expected return of 0.019%. The etf retains a Market Volatility (i.e., Beta) of 0.0011, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Treasury's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Treasury is expected to be smaller as well.
Auto-correlation | 0.99 |
Perfect predictability
iShares Treasury Floating has perfect predictability. Overlapping area represents the amount of predictability between IShares Treasury time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Treasury Floating price movement. The serial correlation of 0.99 indicates that 99.0% of current IShares Treasury price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
iShares Treasury Floating lagged returns against current returns
Autocorrelation, which is IShares Treasury 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 Treasury's etf expected returns. We can calculate the autocorrelation of IShares Treasury returns to help us make a trade decision. For example, suppose you find that IShares Treasury 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 Treasury 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 Treasury etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Treasury etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Treasury etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Treasury Lagged Returns
When evaluating IShares Treasury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Treasury etf have on its future price. IShares Treasury 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 Treasury autocorrelation shows the relationship between IShares Treasury etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Treasury Floating.
Regressed Prices |
| Timeline |
Pair Trading with IShares Treasury
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 Treasury 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 Treasury will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 1.0 | BIL | SPDR Bloomberg 1 | PairCorr |
| 0.99 | SHV | iShares Short Treasury | PairCorr |
| 0.95 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.99 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.98 | ICSH | iShares Ultra Short | PairCorr |
Moving against IShares Etf
| 0.92 | FNGD | MicroSectors FANG Index | PairCorr |
| 0.65 | HUM | Humana Inc Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.41 | LUX | Tema ETF Trust | PairCorr |
| 0.32 | SMI | VanEck Vectors ETF | PairCorr |
The ability to find closely correlated positions to IShares Treasury 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 Treasury 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 Treasury - 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 Treasury Floating to buy it.
The correlation of IShares Treasury 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 Treasury moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Treasury Floating 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 Treasury 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 Treasury Correlation, IShares Treasury Volatility and IShares Treasury Alpha and Beta module to complement your research on IShares Treasury. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
IShares Treasury 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.