IShares GSCI Financial Statements From 2010 to 2024
| COMT Etf | USD 26.41 0.08 0.30% |
Market Capitalisation {Big=3.87904, Small=0, Mega=0, Medium=0, Micro=0} |
Check IShares GSCI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares GSCI's main balance sheet or income statement drivers, such as , as well as many indicators such as . IShares financial statements analysis is a perfect complement when working with IShares GSCI Valuation or Volatility modules.
IShares |
iShares GSCI Commodity ETF Beta Analysis
IShares GSCI's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current IShares GSCI Beta | 0.91 |
Most of IShares GSCI's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares GSCI Commodity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, iShares GSCI Commodity has a Beta of 0.91. This is much higher than that of the iShares family and significantly higher than that of the Commodities Broad Basket category. The beta for all United States etfs is notably lower than that of the firm.
iShares GSCI Commodity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares GSCI's current stock value. Our valuation model uses many indicators to compare IShares GSCI value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares GSCI competition to find correlations between indicators driving IShares GSCI's intrinsic value. More Info.iShares GSCI Commodity is the top ETF in price to earning as compared to similar ETFs. It also is the top ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares GSCI Commodity is roughly 13.32 . Comparative valuation analysis is a catch-all technique that is used if you cannot value IShares GSCI by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About IShares GSCI Financial Statements
IShares GSCI shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although IShares GSCI investors may analyze each financial statement separately, they are all interrelated. The changes in IShares GSCI's assets and liabilities, for example, are also reflected in the revenues and expenses on on IShares GSCI's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
In seeking to achieve its investment objective, the fund may invest in a combination of exchange-traded commodity futures contracts, exchange-traded options on commodity-related futures contracts and exchange-cleared commodity related swaps , thereby obtaining exposure to the commodities markets. Commodities Select is traded on NASDAQ Exchange in the United States.
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Check out the analysis of IShares GSCI Correlation against competitors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of iShares GSCI Commodity 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 GSCI's value that differs from its market value or its book value, called intrinsic value, which is IShares GSCI'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 GSCI's market value can be influenced by many factors that don't directly affect IShares GSCI'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 GSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares GSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares GSCI'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.