IShares Evolved Financials
| IETC Etf | USD 87.96 1.02 1.17% |
Net Expense Ratio 0.0018 | 3 y Sharp Ratio 0.43 |
IShares |
The data published in IShares Evolved's official financial statements typically reflect IShares Evolved's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IShares Evolved's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Evolved's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
Please note, the presentation of IShares Evolved's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IShares Evolved's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IShares Evolved's management manipulating its earnings.
IShares Evolved Etf Summary
IShares Evolved competes with IShares Evolved, SPDR Morgan, IShares Expanded, SPDR FactSet, and IShares Global. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. US Technology is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| ISIN | US46431W6488 |
| CUSIP | 46431W648 |
| Region | North America |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Sector |
| Portfolio Concentration | Information Technology |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IShares Evolved Key Financial Ratios
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Evolved's current stock value. Our valuation model uses many indicators to compare IShares Evolved value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Evolved competition to find correlations between indicators driving IShares Evolved's intrinsic value. More Info.iShares Evolved Technology is rated fifth overall ETF in beta as compared to similar ETFs. It is rated second overall ETF in one year return as compared to similar ETFs reporting about 35.13 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IShares Evolved's earnings, one of the primary drivers of an investment's value.iShares Evolved Tech Systematic Risk
IShares Evolved's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Evolved volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on iShares Evolved Tech correlated with the market. If Beta is less than 0 IShares Evolved generally moves in the opposite direction as compared to the market. If IShares Evolved Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Evolved Tech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Evolved is generally in the same direction as the market. If Beta > 1 IShares Evolved moves generally in the same direction as, but more than the movement of the benchmark.
About IShares Evolved Financials
What exactly are IShares Evolved Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include IShares Evolved's income statement, its balance sheet, and the statement of cash flows. Potential IShares Evolved investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IShares Evolved investors may use each financial statement separately, they are all related. The changes in IShares Evolved's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares Evolved's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.IShares Evolved Thematic Clasifications
iShares Evolved Technology is part of several thematic ideas from Sector ETFs to Information Technology ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasIShares Evolved December 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Evolved help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Evolved Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Evolved Technology based on widely used predictive technical indicators. In general, we focus on analyzing IShares Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IShares Evolved's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.1241 | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 2.12 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Evolved Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of iShares Evolved Tech 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 Evolved's value that differs from its market value or its book value, called intrinsic value, which is IShares Evolved'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 Evolved's market value can be influenced by many factors that don't directly affect IShares Evolved'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 Evolved's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Evolved is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Evolved'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.