IShares Global Financials
| IXN Etf | USD 82.94 0.92 1.10% |
Net Expense Ratio 0.0041 | 3 y Sharp Ratio 0.38 |
IShares |
The data published in IShares Global's official financial statements typically reflect IShares Global's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IShares Global's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Global's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
IShares Global Etf Summary
IShares Global competes with IShares Global, IShares Global, IShares Global, IShares Expanded, and IShares Technology. 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.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US4642872919 |
| CUSIP | 464287291 |
| Region | Global |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Sector |
| Portfolio Concentration | Information Technology |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IShares Global Key Financial Ratios
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Global's current stock value. Our valuation model uses many indicators to compare IShares Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Global competition to find correlations between indicators driving IShares Global's intrinsic value. More Info.iShares Global Tech is considered the top ETF in price to earning as compared to similar ETFs. It is rated third overall ETF in price to book as compared to similar ETFs fabricating about 1.53 of Price To Book per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IShares Global's earnings, one of the primary drivers of an investment's value.iShares Global Tech Systematic Risk
IShares Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on iShares Global Tech correlated with the market. If Beta is less than 0 IShares Global generally moves in the opposite direction as compared to the market. If IShares Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Global Tech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Global is generally in the same direction as the market. If Beta > 1 IShares Global moves generally in the same direction as, but more than the movement of the benchmark.
IShares Global Thematic Clasifications
iShares Global Tech is part of several thematic ideas from Sector ETFs to Artificial Intelligence. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas| Sector ETFs | View | ||
| Artificial Intelligence | View | ||
| Dividend Beast | View | ||
| Robots And Drones | View | ||
| Information Technology ETFs | View |
IShares Global November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Global Tech. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Global Tech based on widely used predictive technical indicators. In general, we focus on analyzing IShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IShares Global's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.52 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.18 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 1.81 |
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 closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.