Ishares Oil Gas Etf Technical Analysis
| IEO Etf | USD 101.83 0.96 0.95% |
As of the 25th of November, IShares Oil retains the Market Risk Adjusted Performance of 0.1429, downside deviation of 1.6, and Risk Adjusted Performance of 0.0715. IShares Oil technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
IShares Oil Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ISharesIShares |
IShares Oil 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.
iShares Oil Gas Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of iShares Oil Gas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
iShares Oil Gas Trend Analysis
Use this graph to draw trend lines for iShares Oil Gas. You can use it to identify possible trend reversals for IShares Oil as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual IShares Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IShares Oil Best Fit Change Line
The following chart estimates an ordinary least squares regression model for iShares Oil Gas applied against its price change over selected period. The best fit line has a slop of 0.13 , which may imply that iShares Oil Gas will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 606.15, which is the sum of squared deviations for the predicted IShares Oil price change compared to its average price change.About IShares Oil Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of iShares Oil Gas on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of iShares Oil Gas based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on iShares Oil Gas price pattern first instead of the macroeconomic environment surrounding iShares Oil Gas. By analyzing IShares Oil's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of IShares Oil's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to IShares Oil specific price patterns or momentum indicators. Please read more on our technical analysis page.
IShares Oil November 25, 2024 Technical Indicators
Most technical analysis of IShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for IShares from various momentum indicators to cycle indicators. When you analyze IShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0715 | |||
| Market Risk Adjusted Performance | 0.1429 | |||
| Mean Deviation | 1.12 | |||
| Semi Deviation | 1.47 | |||
| Downside Deviation | 1.6 | |||
| Coefficient Of Variation | 1149.4 | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.12 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1329 | |||
| Maximum Drawdown | 6.61 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 1.92 | |||
| Downside Variance | 2.57 | |||
| Semi Variance | 2.16 | |||
| Expected Short fall | (1.09) | |||
| Skewness | (0.06) | |||
| Kurtosis | 1.43 |
iShares Oil Gas One Year Return
Based on the recorded statements, iShares Oil Gas has an One Year Return of 11.5%. This is 89.46% higher than that of the iShares family and 19.3% lower than that of the Equity Energy category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Oil Gas. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of iShares Oil Gas 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 Oil's value that differs from its market value or its book value, called intrinsic value, which is IShares Oil'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 Oil's market value can be influenced by many factors that don't directly affect IShares Oil'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 Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Oil'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.