FlexShares High is selling for under 41.51 as of the 30th of November 2024; that is 0.22 percent increase since the beginning of the trading day. The etf's lowest day price was 41.44. FlexShares High has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for FlexShares High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The index reflects the performance of a broad universe of U.S. Flexshares High is traded on NYSEARCA Exchange in the United States. More on FlexShares High Yield
FlexShares High Yield Value-Scored Bond Index Fund
Currency Code
USD
Open Figi
BBG00LG7DBT0
In Threey Volatility
9.07
1y Volatility
5.38
200 Day M A
40.8409
50 Day M A
41.2627
Code
HYGV
Updated At
29th of November 2024
Currency Name
US Dollar
FlexShares High Yield [HYGV] is traded in USA and was established 2018-07-17. The fund is listed under High Yield Bond category and is part of Flexshares Trust family. The entity is thematically classified as Corporate ETFs. FlexShares High Yield currently have 857.76 M in assets under management (AUM). , while the total return for the last 3 years was 2.8%.
Check FlexShares High Probability Of Bankruptcy
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FlexShares High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether FlexShares High Yield is a strong investment it is important to analyze FlexShares High's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FlexShares High's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in FlexShares High Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of FlexShares High Yield is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares High's value that differs from its market value or its book value, called intrinsic value, which is FlexShares High'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 FlexShares High's market value can be influenced by many factors that don't directly affect FlexShares High'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 FlexShares High's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares High'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.