IShares Self Financial Statements From 2010 to 2025
| IDRV Etf | USD 31.30 0.15 0.48% |
Check IShares Self financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares Self'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 Self Valuation or Volatility modules.
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iShares Self Driving EV ETF Beta Analysis
IShares Self'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 Self Beta | 1.57 |
Most of IShares Self'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 Self Driving EV 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.
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In accordance with the recently published financial statements, iShares Self Driving EV has a Beta of 1.57. This is much higher than that of the iShares family and significantly higher than that of the Industrials category. The beta for all United States etfs is notably lower than that of the firm.
About IShares Self Financial Statements
IShares Self investors use historical fundamental indicators, such as IShares Self's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in IShares Self. Please read more on our technical analysis and fundamental analysis pages.
The index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries, as defined by IDI. Ishares Self-Driving is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of IShares Self Correlation against competitors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of iShares Self Driving 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 Self's value that differs from its market value or its book value, called intrinsic value, which is IShares Self'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 Self's market value can be influenced by many factors that don't directly affect IShares Self'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 Self's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Self is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Self'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.