IShares Sustainable's market value is the price at which a share of IShares Sustainable trades on a public exchange. It measures the collective expectations of iShares Sustainable MSCI investors about its performance. IShares Sustainable is trading at 11.44 as of the 27th of December 2024, a 0.61 percent down since the beginning of the trading day. The etf's lowest day price was 11.44. With this module, you can estimate the performance of a buy and hold strategy of iShares Sustainable MSCI and determine expected loss or profit from investing in IShares Sustainable over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
IShares
IShares Sustainable '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 Sustainable'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 Sustainable.
0.00
06/30/2024
No Change 0.00
0.0
In 5 months and 29 days
12/27/2024
0.00
If you would invest 0.00 in IShares Sustainable on June 30, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Sustainable MSCI or generate 0.0% return on investment in IShares Sustainable over 180 days.
IShares Sustainable 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 Sustainable'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 Sustainable MSCI upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Sustainable's standard deviation. In reality, there are many statistical measures that can use IShares Sustainable historical prices to predict the future IShares Sustainable's volatility.
At this point, IShares Sustainable is very steady. iShares Sustainable MSCI holds Efficiency (Sharpe) Ratio of 0.0708, which attests that the entity had a 0.0708% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Sustainable MSCI, which you can use to evaluate the volatility of the entity. Please check out IShares Sustainable's Market Risk Adjusted Performance of 2.17, downside deviation of 0.8985, and Risk Adjusted Performance of 0.0556 to validate if the risk estimate we provide is consistent with the expected return of 0.0627%. The etf retains a Market Volatility (i.e., Beta) of 0.0249, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Sustainable's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Sustainable is expected to be smaller as well.
Auto-correlation
-0.23
Weak reverse predictability
iShares Sustainable MSCI has weak reverse predictability. Overlapping area represents the amount of predictability between IShares Sustainable time series from 30th of June 2024 to 28th of September 2024 and 28th of September 2024 to 27th 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 Sustainable MSCI price movement. The serial correlation of -0.23 indicates that over 23.0% of current IShares Sustainable price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.23
Spearman Rank Test
-0.55
Residual Average
0.0
Price Variance
0.04
iShares Sustainable MSCI lagged returns against current returns
Autocorrelation, which is IShares Sustainable 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 Sustainable's etf expected returns. We can calculate the autocorrelation of IShares Sustainable returns to help us make a trade decision. For example, suppose you find that IShares Sustainable 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 Sustainable 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 Sustainable etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Sustainable etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Sustainable etf over time.
Current vs Lagged Prices
Timeline
IShares Sustainable Lagged Returns
When evaluating IShares Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Sustainable etf have on its future price. IShares Sustainable 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 Sustainable autocorrelation shows the relationship between IShares Sustainable etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Sustainable MSCI.
Regressed Prices
Timeline
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