Ishares Industrials Etf Performance
| IYJ Etf | USD 140.80 1.82 1.31% |
The etf retains a Market Volatility (i.e., Beta) of 1.06, which attests to a somewhat significant risk relative to the market. IShares Industrials returns are very sensitive to returns on the market. As the market goes up or down, IShares Industrials is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in iShares Industrials ETF are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady basic indicators, IShares Industrials may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Industrial ETF Hits New 52-Week High - MSN | 08/28/2024 |
2 | CrowdStrike, Amazon And More On CNBCs Final Trades | 11/14/2024 |
| In Threey Sharp Ratio | 0.25 |
IShares |
IShares Industrials Relative Risk vs. Return Landscape
If you would invest 12,768 in iShares Industrials ETF on August 24, 2024 and sell it today you would earn a total of 1,312 from holding iShares Industrials ETF or generate 10.28% return on investment over 90 days. iShares Industrials ETF is generating 0.1594% of daily returns assuming volatility of 0.903% on return distribution over 90 days investment horizon. In other words, 8% of etfs are less volatile than IShares, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IShares Industrials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Industrials' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Industrials ETF, and traders can use it to determine the average amount a IShares Industrials' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1765
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Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average IShares Industrials is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Industrials by adding it to a well-diversified portfolio.
IShares Industrials Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Industrials, and IShares Industrials fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Price To Earning | 3.06 X | |||
| Price To Book | 3.89 X | |||
| Price To Sales | 1.59 X | |||
| Earnings Per Share | 6.09 X | |||
| Total Asset | 949.81 M | |||
About IShares Industrials Performance
By evaluating IShares Industrials' fundamental ratios, stakeholders can gain valuable insights into IShares Industrials' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IShares Industrials has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IShares Industrials has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. US Industrials is traded on BATS Exchange in the United States.| Latest headline from benzinga.com: CrowdStrike, Amazon And More On CNBCs Final Trades | |
| The fund retains 99.84% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Industrials ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of iShares Industrials ETF 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 Industrials' value that differs from its market value or its book value, called intrinsic value, which is IShares Industrials' 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 Industrials' market value can be influenced by many factors that don't directly affect IShares Industrials' 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 Industrials' value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Industrials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Industrials' 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.