Ishares Bbb Rated Etf Market Value
| LQDB Etf | USD 87.15 0.26 0.30% |
| Symbol | IShares |
The market value of iShares BBB Rated 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 BBB's value that differs from its market value or its book value, called intrinsic value, which is IShares BBB'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 BBB's market value can be influenced by many factors that don't directly affect IShares BBB'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 BBB's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares BBB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares BBB'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 BBB '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 BBB'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 BBB.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in IShares BBB on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding iShares BBB Rated or generate 0.0% return on investment in IShares BBB over 30 days. IShares BBB is related to or competes with IShares BB, IShares Aaa, IShares Edge, BlackRock Intermediate, and IShares Trust. The fund invests at least 80 percent of its assets in the component securities of the underlying index, and the fund wil... More
IShares BBB 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 BBB'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 BBB Rated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3362 | |||
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 1.57 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.5544 |
IShares BBB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares BBB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares BBB's standard deviation. In reality, there are many statistical measures that can use IShares BBB historical prices to predict the future IShares BBB's volatility.| Risk Adjusted Performance | 0.0076 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.38) | |||
| Treynor Ratio | 0.0586 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares BBB's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
iShares BBB Rated Backtested Returns
At this point, IShares BBB is very steady. iShares BBB Rated holds Efficiency (Sharpe) Ratio of 0.0315, which attests that the entity had a 0.0315% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares BBB Rated, which you can use to evaluate the volatility of the entity. Please check out IShares BBB's Downside Deviation of 0.3362, risk adjusted performance of 0.0076, and Market Risk Adjusted Performance of 0.0686 to validate if the risk estimate we provide is consistent with the expected return of 0.0108%. The etf retains a Market Volatility (i.e., Beta) of -0.0181, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares BBB are expected to decrease at a much lower rate. During the bear market, IShares BBB is likely to outperform the market.
Auto-correlation | -0.11 |
Insignificant reverse predictability
iShares BBB Rated has insignificant reverse predictability. Overlapping area represents the amount of predictability between IShares BBB time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 BBB Rated price movement. The serial correlation of -0.11 indicates that less than 11.0% of current IShares BBB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
iShares BBB Rated lagged returns against current returns
Autocorrelation, which is IShares BBB 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 BBB's etf expected returns. We can calculate the autocorrelation of IShares BBB returns to help us make a trade decision. For example, suppose you find that IShares BBB 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 BBB 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 BBB etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares BBB etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares BBB etf over time.
Current vs Lagged Prices |
| Timeline |
IShares BBB Lagged Returns
When evaluating IShares BBB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares BBB etf have on its future price. IShares BBB 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 BBB autocorrelation shows the relationship between IShares BBB etf current value and its past values and can show if there is a momentum factor associated with investing in iShares BBB Rated.
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 BBB Rated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares BBB'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 Bbb Rated Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Bbb Rated Etf:Check out IShares BBB Correlation, IShares BBB Volatility and IShares BBB Alpha and Beta module to complement your research on IShares BBB. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
IShares BBB 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.