Ishares Global Materials Etf Price on May 22, 2024

MXI Etf  USD 84.07  0.01  0.01%   
Below is the normalized historical share price chart for iShares Global Materials extending back to September 21, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IShares Global stands at 84.07, as last reported on the 13th of December 2024, with the highest price reaching 84.07 and the lowest price hitting 84.07 during the day.
3 y Volatility
22.04
200 Day MA
87.5807
1 y Volatility
15.94
50 Day MA
88.0424
Inception Date
2006-09-12
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. iShares Global Materials holds Efficiency (Sharpe) Ratio of -0.0817, which attests that the entity had a -0.0817% return per unit of risk over the last 3 months. iShares Global Materials exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Global's Standard Deviation of 0.9288, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
  
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0817

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Estimated Market Risk

 0.92
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  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.
Average Mkt Cap Mil
44.1 K

IShares Global Valuation on May 22, 2024

It is possible to determine the worth of IShares Global on a given historical date. On May 22, 2024 IShares was worth 89.59 at the beginning of the trading date compared to the closed value of 88.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Global etf. Still, in general, we apply an absolute valuation method to find IShares Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Global's related companies.
 Open High Low Close Volume
  90.29    90.50    90.29    90.43    4,644  
05/22/2024
  89.59    89.59    88.76    88.76    12,541  
  89.25    89.25    87.92    88.11    22,996  
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Open Value
89.59
88.76
Closing Value
92.35
Upside

IShares Global Trading Date Momentum on May 22, 2024

On May 23 2024 iShares Global Materials was traded for  88.11  at the closing time. Highest IShares Global's price during the trading hours was 89.25  and the lowest price during the day was  87.92 . The net volume was 23 K. The overall trading history on the 23rd of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.73% . The trading date delta to current price is 0.06% .

iShares Global Materials Fundamentals Correlations and Trends

By evaluating IShares Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IShares Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IShares Global Etf history

IShares Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares Global Materials will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IShares Global stock prices may prove useful in developing a viable investing in IShares Global
The index measures the performance of companies that SPDJI deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. Global Materials is traded on NYSEARCA Exchange in the United States.

IShares Global Etf Technical Analysis

IShares Global 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.
A focus of IShares Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IShares Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

IShares Global Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

iShares Global Materials cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

IShares Global December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how IShares Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IShares Global shares will generate the highest return on investment. By undertsting and applying IShares Global etf market strength indicators, traders can identify iShares Global Materials entry and exit signals to maximize returns

IShares Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IShares Global's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether iShares Global Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Global Materials Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Global Materials Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Materials. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of iShares Global Materials 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.