Ishares Global Tech Etf Performance
| IXN Etf | USD 70.59 0.72 1.01% |
The etf retains a Market Volatility (i.e., Beta) of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Global is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days iShares Global Tech has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, IShares Global is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
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6 | Mayflower Financial Advisors LLC Sells 522 Shares of iShares Global Tech ETF - Defense World | 04/02/2024 |
7 | BlackRock iShares Pulled in 67.2 Bln in Q1 Flows - etf.com | 04/12/2024 |
| In Threey Sharp Ratio | 0.57 |
IShares |
IShares Global Relative Risk vs. Return Landscape
If you would invest 7,046 in iShares Global Tech on January 19, 2024 and sell it today you would earn a total of 13.00 from holding iShares Global Tech or generate 0.18% return on investment over 90 days. iShares Global Tech is generating 0.0091% of daily returns assuming volatility of 1.1285% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than IShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IShares Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Global Tech, and traders can use it to determine the average amount a IShares Global's 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 = 0.0081
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| Negative Returns | IXN |
Estimated Market Risk
| 1.13 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Global is not performing at its full potential. However, 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 Global by adding IShares Global to a well-diversified portfolio.
IShares Global Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Global, and IShares Global 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 | 2.34 X | |||
| Price To Book | 3.59 X | |||
| Price To Sales | 2.61 X | |||
| Earnings Per Share | 20.66 X | |||
| Total Asset | 2.78 B | |||
About IShares Global Performance
To evaluate iShares Global Tech Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IShares Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand iShares Global Tech market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The index measures the performance of all members of the SP Global 1200 that are classified within the GICS information technology sector. Global Tech is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: BlackRock iShares Pulled in 67.2 Bln in Q1 Flows - etf.com | |
| The fund retains 99.45% 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 Global Tech. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of iShares Global Tech 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 Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global'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 Global's market value can be influenced by many factors that don't directly affect IShares Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global'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.