Ishares Sp 500 Fund Market Value
| BSPGX Fund | USD 704.01 2.65 0.38% |
| Symbol | Ishares |
Ishares Sp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ishares Sp's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ishares Sp.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Ishares Sp on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Ishares Sp 500 or generate 0.0% return on investment in Ishares Sp over 30 days. Ishares Sp is related to or competes with Goldman Sachs, Fundamental Large, Pace Large, Aqr Large, T Rowe, T Rowe, and Enhanced. The fund is a feeder fund that invests all of its assets in the Master Portfolio of MIP, which has the same investment o... More
Ishares Sp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ishares Sp's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ishares Sp 500 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8291 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.17 |
Ishares Sp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ishares Sp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ishares Sp's standard deviation. In reality, there are many statistical measures that can use Ishares Sp historical prices to predict the future Ishares Sp's volatility.| Risk Adjusted Performance | 0.1051 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.114 |
Ishares Sp 500 Backtested Returns
At this stage we consider Ishares Mutual Fund to be very steady. Ishares Sp 500 holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ishares Sp 500, which you can use to evaluate the volatility of the entity. Please check out Ishares Sp's Risk Adjusted Performance of 0.1051, downside deviation of 0.8291, and Market Risk Adjusted Performance of 0.124 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. The fund retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ishares Sp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ishares Sp is expected to be smaller as well.
Auto-correlation | 0.90 |
Excellent predictability
Ishares Sp 500 has excellent predictability. Overlapping area represents the amount of predictability between Ishares Sp time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ishares Sp 500 price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Ishares Sp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 28.75 |
Ishares Sp 500 lagged returns against current returns
Autocorrelation, which is Ishares Sp mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ishares Sp's mutual fund expected returns. We can calculate the autocorrelation of Ishares Sp returns to help us make a trade decision. For example, suppose you find that Ishares Sp has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ishares Sp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ishares Sp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ishares Sp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ishares Sp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ishares Sp Lagged Returns
When evaluating Ishares Sp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ishares Sp mutual fund have on its future price. Ishares Sp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ishares Sp autocorrelation shows the relationship between Ishares Sp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ishares Sp 500.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Ishares Mutual Fund
Ishares Sp financial ratios help investors to determine whether Ishares Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ishares with respect to the benefits of owning Ishares Sp security.
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