Ishares Residential And Etf Market Value
| REZ Etf | USD 89.77 0.49 0.55% |
| Symbol | IShares |
The market value of iShares Residential and 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 Residential's value that differs from its market value or its book value, called intrinsic value, which is IShares Residential'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 Residential's market value can be influenced by many factors that don't directly affect IShares Residential'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 Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Residential'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 Residential '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 Residential'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 Residential.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in IShares Residential on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Residential and or generate 0.0% return on investment in IShares Residential over 30 days. IShares Residential is related to or competes with First Trust, Invesco Active, SPDR Dow, IShares Mortgage, and IShares Cohen. The fund generally will invest at least 80 percent of its assets in the component securities of the underlying index and... More
IShares Residential 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 Residential'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 Residential and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9926 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.95 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.64 |
IShares Residential Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Residential's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Residential's standard deviation. In reality, there are many statistical measures that can use IShares Residential historical prices to predict the future IShares Residential's volatility.| Risk Adjusted Performance | 0.0497 | |||
| Jensen Alpha | 0.0381 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.4996 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Residential'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 Residential and Backtested Returns
At this stage we consider IShares Etf to be very steady. iShares Residential and holds Efficiency (Sharpe) Ratio of 0.0623, which attests that the entity had a 0.0623% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Residential and, which you can use to evaluate the volatility of the entity. Please check out IShares Residential's Market Risk Adjusted Performance of 0.5096, risk adjusted performance of 0.0497, and Downside Deviation of 0.9926 to validate if the risk estimate we provide is consistent with the expected return of 0.0596%. The etf retains a Market Volatility (i.e., Beta) of 0.0992, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Residential's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Residential is expected to be smaller as well.
Auto-correlation | 0.47 |
Average predictability
iShares Residential and has average predictability. Overlapping area represents the amount of predictability between IShares Residential 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 Residential and price movement. The serial correlation of 0.47 indicates that about 47.0% of current IShares Residential price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.45 |
iShares Residential and lagged returns against current returns
Autocorrelation, which is IShares Residential 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 Residential's etf expected returns. We can calculate the autocorrelation of IShares Residential returns to help us make a trade decision. For example, suppose you find that IShares Residential 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 Residential 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 Residential etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Residential etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Residential etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Residential Lagged Returns
When evaluating IShares Residential's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Residential etf have on its future price. IShares Residential 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 Residential autocorrelation shows the relationship between IShares Residential etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Residential and.
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 Residential and offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Residential'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 Residential And Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Residential And Etf:Check out IShares Residential Correlation, IShares Residential Volatility and IShares Residential Alpha and Beta module to complement your research on IShares Residential. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
IShares Residential 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.