IShares Convertible Valuation
| ICVT Etf | USD 89.07 0.44 0.50% |
At this time, the entity appears to be fairly valued. iShares Convertible Bond retains a regular Real Value of $87.88 per share. The prevalent price of the entity is $89.07. Our model calculates the value of iShares Convertible Bond from evaluating the entity fundamentals such as Beta of 0.79, number of employees of 370, and Net Asset of 1.76 B as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that IShares Convertible's price fluctuation is very steady at this time. Calculation of the real value of iShares Convertible Bond is based on 3 months time horizon. Increasing IShares Convertible's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
IShares Convertible's intrinsic value may or may not be the same as its current market price of 89.07, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 89.07 | Real 87.88 | Hype 89.12 | Naive 89.23 |
The intrinsic value of IShares Convertible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence IShares Convertible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of iShares Convertible Bond helps investors to forecast how IShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of IShares Convertible more accurately as focusing exclusively on IShares Convertible's fundamentals will not take into account other important factors: About IShares Convertible Valuation
The etf valuation mechanism determines IShares Convertible's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of iShares Convertible Bond based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Convertible. We calculate exposure to IShares Convertible's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IShares Convertible's related companies.The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and it will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. Convertible Bond is traded on BATS Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Convertible Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of iShares Convertible Bond 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 Convertible's value that differs from its market value or its book value, called intrinsic value, which is IShares Convertible'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 Convertible's market value can be influenced by many factors that don't directly affect IShares Convertible'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 Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Convertible'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.