IShares Public (Germany) Market Value

IQQG Etf  EUR 59.54  0.63  1.05%   
IShares Public's market value is the price at which a share of IShares Public trades on a public exchange. It measures the collective expectations of iShares Public Limited investors about its performance. IShares Public is trading at 59.54 as of the 12th of December 2024. This is a 1.05 percent decrease since the beginning of the trading day. The etf's lowest day price was 59.54.
With this module, you can estimate the performance of a buy and hold strategy of iShares Public Limited and determine expected loss or profit from investing in IShares Public over a given investment horizon. Check out IShares Public Correlation, IShares Public Volatility and IShares Public Alpha and Beta module to complement your research on IShares Public.
Symbol

Please note, there is a significant difference between IShares Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Public'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 Public '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 Public'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 Public.
0.00
12/23/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/12/2024
0.00
If you would invest  0.00  in IShares Public on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding iShares Public Limited or generate 0.0% return on investment in IShares Public over 720 days. IShares Public is related to or competes with IShares Emerging, and IShares MSCI. The fund is an exchange traded fund that aims to track the performance of the EURO STOXX IS EO is traded on Frankfurt Stock Exchange in Germany. More

IShares Public 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 Public'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 Public Limited upside and downside potential and time the market with a certain degree of confidence.

IShares Public Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Public's standard deviation. In reality, there are many statistical measures that can use IShares Public historical prices to predict the future IShares Public's volatility.
Hype
Prediction
LowEstimatedHigh
58.4159.5460.67
Details
Intrinsic
Valuation
LowRealHigh
58.1359.2660.39
Details
Naive
Forecast
LowNextHigh
59.6360.7761.90
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
55.8057.9160.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as IShares Public. Your research has to be compared to or analyzed against IShares Public's peers to derive any actionable benefits. When done correctly, IShares Public's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in iShares Public.

iShares Public Backtested Returns

At this point, IShares Public is very steady. iShares Public holds Efficiency (Sharpe) Ratio of 0.0523, which attests that the entity had a 0.0523% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Public, which you can use to evaluate the volatility of the entity. Please check out IShares Public's Risk Adjusted Performance of 0.0657, market risk adjusted performance of 0.174, and Downside Deviation of 1.25 to validate if the risk estimate we provide is consistent with the expected return of 0.0592%. The etf retains a Market Volatility (i.e., Beta) of 0.53, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Public is expected to be smaller as well.

Auto-correlation

    
  0.53  

Modest predictability

iShares Public Limited has modest predictability. Overlapping area represents the amount of predictability between IShares Public time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th of December 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 Public price movement. The serial correlation of 0.53 indicates that about 53.0% of current IShares Public price fluctuation can be explain by its past prices.
Correlation Coefficient0.53
Spearman Rank Test-0.16
Residual Average0.0
Price Variance5.95

iShares Public lagged returns against current returns

Autocorrelation, which is IShares Public 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 Public's etf expected returns. We can calculate the autocorrelation of IShares Public returns to help us make a trade decision. For example, suppose you find that IShares Public 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 Public 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 Public etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Public etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Public etf over time.
   Current vs Lagged Prices   
       Timeline  

IShares Public Lagged Returns

When evaluating IShares Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Public etf have on its future price. IShares Public 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 Public autocorrelation shows the relationship between IShares Public etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Public Limited.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in IShares Etf

IShares Public financial ratios help investors to determine whether IShares Etf 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 Public security.