Ishares Russell 2000 Etf Fundamentals
| IWN Etf | USD 180.33 0.19 0.11% |
iShares Russell 2000 fundamentals help investors to digest information that contributes to IShares Russell's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares Russell's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares Russell etf.
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iShares Russell 2000 ETF Price To Sales Analysis
IShares Russell's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current IShares Russell Price To Sales | 0.95 X |
Most of IShares Russell's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares Russell 2000 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Based on the latest financial disclosure, iShares Russell 2000 has a Price To Sales of 0.95 times. This is 227.59% higher than that of the iShares family and significantly higher than that of the Small Value category. The price to sales for all United States etfs is 187.88% lower than that of the firm.
iShares Russell 2000 Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Russell's current stock value. Our valuation model uses many indicators to compare IShares Russell value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Russell competition to find correlations between indicators driving IShares Russell's intrinsic value. More Info.iShares Russell 2000 is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.61 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares Russell 2000 is roughly 1.64 . 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 Russell's earnings, one of the primary drivers of an investment's value.IShares Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Russell's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Russell could also be used in its relative valuation, which is a method of valuing IShares Russell by comparing valuation metrics of similar companies.IShares Russell is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for IShares Russell
The fund invests 99.6% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides IShares Russell's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
IShares Fundamentals
| Price To Earning | 2.27 X | |||
| Price To Book | 1.38 X | |||
| Price To Sales | 0.95 X | |||
| Gross Profit | 178.44 M | |||
| Earnings Per Share | 15.04 X | |||
| Beta | 1.07 | |||
| Market Capitalization | 10.89 B | |||
| Total Asset | 10.93 B | |||
| One Year Return | 32.20 % | |||
| Three Year Return | 6.10 % | |||
| Five Year Return | 9.70 % | |||
| Ten Year Return | 8.20 % | |||
| Net Asset | 10.93 B | |||
| Last Dividend Paid | 0.43 | |||
| Equity Positions Weight | 99.60 % |
About IShares Russell Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Russell 2000's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Russell using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Russell 2000 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents. Russell 2000 is traded on NYSEARCA Exchange in the United States.
Pair Trading with IShares Russell
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares Russell position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares Russell will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.98 | VBR | Vanguard Small Cap | PairCorr |
| 0.99 | DFAT | Dimensional Targeted | PairCorr |
| 1.0 | IJS | iShares SP Small | PairCorr |
| 1.0 | SLYV | SPDR SP 600 | PairCorr |
The ability to find closely correlated positions to IShares Russell could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Russell when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Russell - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Russell 2000 to buy it.
The correlation of IShares Russell is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Russell moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Russell 2000 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares Russell can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out IShares Russell Piotroski F Score and IShares Russell Altman Z Score analysis. 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 Russell 2000 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is IShares Russell'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 Russell's market value can be influenced by many factors that don't directly affect IShares Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Russell'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.