Ishares 20 Year Etf Market Value
TLT Etf | USD 94.62 0.08 0.08% |
Symbol | IShares |
The market value of IShares 20 Year 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 20's value that differs from its market value or its book value, called intrinsic value, which is IShares 20'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 20's market value can be influenced by many factors that don't directly affect IShares 20'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 20's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares 20 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares 20'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 20 '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 20'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 20.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in IShares 20 on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding IShares 20 Year or generate 0.0% return on investment in IShares 20 over 720 days. IShares 20 is related to or competes with Franklin Liberty, SPDR Bloomberg, Vanguard Extended, Bondbloxx ETF, Franklin Liberty, and Bondbloxx ETF. The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and it will ... More
IShares 20 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 20'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 20 Year upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.21) | |||
Maximum Drawdown | 4.16 | |||
Value At Risk | (1.72) | |||
Potential Upside | 1.34 |
IShares 20 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares 20's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares 20's standard deviation. In reality, there are many statistical measures that can use IShares 20 historical prices to predict the future IShares 20's volatility.Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares 20's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
IShares 20 Year Backtested Returns
IShares 20 Year holds Efficiency (Sharpe) Ratio of -0.0561, which attests that the entity had a -0.0561% return per unit of risk over the last 3 months. IShares 20 Year exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares 20's Risk Adjusted Performance of (0.03), standard deviation of 0.877, and Market Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares 20's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares 20 is expected to be smaller as well.
Auto-correlation | 0.81 |
Very good predictability
IShares 20 Year has very good predictability. Overlapping area represents the amount of predictability between IShares 20 time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 20 Year price movement. The serial correlation of 0.81 indicates that around 81.0% of current IShares 20 price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.81 | |
Spearman Rank Test | 0.63 | |
Residual Average | 0.0 | |
Price Variance | 28.55 |
IShares 20 Year lagged returns against current returns
Autocorrelation, which is IShares 20 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 20's etf expected returns. We can calculate the autocorrelation of IShares 20 returns to help us make a trade decision. For example, suppose you find that IShares 20 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 20 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 20 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares 20 etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares 20 etf over time.
Current vs Lagged Prices |
Timeline |
IShares 20 Lagged Returns
When evaluating IShares 20's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares 20 etf have on its future price. IShares 20 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 20 autocorrelation shows the relationship between IShares 20 etf current value and its past values and can show if there is a momentum factor associated with investing in IShares 20 Year.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
When determining whether IShares 20 Year is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares 20 Year Etf. Highlighted below are key reports to facilitate an investment decision about Ishares 20 Year Etf:Check out IShares 20 Correlation, IShares 20 Volatility and IShares 20 Alpha and Beta module to complement your research on IShares 20. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for IShares Etf analysis
When running IShares 20's price analysis, check to measure IShares 20's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares 20 is operating at the current time. Most of IShares 20's value examination focuses on studying past and present price action to predict the probability of IShares 20's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares 20's price. Additionally, you may evaluate how the addition of IShares 20 to your portfolios can decrease your overall portfolio volatility.
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IShares 20 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.