Ishares Jp Morgan Etf Market Value
| EMB Etf | USD 91.89 0.32 0.35% |
| Symbol | IShares |
The market value of iShares JP Morgan 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 JP's value that differs from its market value or its book value, called intrinsic value, which is IShares JP'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 JP's market value can be influenced by many factors that don't directly affect IShares JP'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 JP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares JP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares JP'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.
IShares JP '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 JP's etf 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 JP.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in IShares JP on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding iShares JP Morgan or generate 0.0% return on investment in IShares JP over 30 days. IShares JP is related to or competes with IShares IBoxx, IShares IBoxx, IShares National, Invesco Emerging, and IShares MBS. The fund will invest at least 80 percent of its assets in the component securities of the underlying index and will inve... More
IShares JP 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 JP's etf 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 JP Morgan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3773 | |||
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 1.87 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.4752 |
IShares JP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares JP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares JP's standard deviation. In reality, there are many statistical measures that can use IShares JP historical prices to predict the future IShares JP's volatility.| Risk Adjusted Performance | 0.0199 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | 0.0412 |
iShares JP Morgan Backtested Returns
At this point, IShares JP is very steady. iShares JP Morgan holds Efficiency (Sharpe) Ratio of 0.0456, which attests that the entity had a 0.0456% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares JP Morgan, which you can use to evaluate the volatility of the entity. Please check out IShares JP's Market Risk Adjusted Performance of 0.0512, downside deviation of 0.3773, and Risk Adjusted Performance of 0.0199 to validate if the risk estimate we provide is consistent with the expected return of 0.0171%. The etf retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares JP's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares JP is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
iShares JP Morgan has average predictability. Overlapping area represents the amount of predictability between IShares JP 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 JP Morgan price movement. The serial correlation of 0.42 indicates that just about 42.0% of current IShares JP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
iShares JP Morgan lagged returns against current returns
Autocorrelation, which is IShares JP etf'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 JP's etf expected returns. We can calculate the autocorrelation of IShares JP returns to help us make a trade decision. For example, suppose you find that IShares JP has exhibited high autocorrelation historically, and you observe that the etf 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 JP 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 JP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares JP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares JP etf over time.
Current vs Lagged Prices |
| Timeline |
IShares JP Lagged Returns
When evaluating IShares JP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares JP etf have on its future price. IShares JP 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 JP autocorrelation shows the relationship between IShares JP etf current value and its past values and can show if there is a momentum factor associated with investing in iShares JP Morgan.
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.When determining whether iShares JP Morgan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares JP'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 Jp Morgan Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Jp Morgan Etf:Check out IShares JP Correlation, IShares JP Volatility and IShares JP Alpha and Beta module to complement your research on IShares JP. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
IShares JP 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.