IShares Medical Financials
| IHI Etf | USD 60.29 0.68 1.14% |
Net Expense Ratio 0.004 | 3 y Sharp Ratio 0.02 |
IShares |
The data published in IShares Medical's official financial statements typically reflect IShares Medical'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 Medical's quantitative information. For example, before you start analyzing numbers published by IShares accountants, it's essential to understand IShares Medical's liquidity, profitability, and earnings quality within the context of the iShares space in which it operates.
IShares Medical Etf Summary
IShares Medical competes with IShares Healthcare, IShares Expanded, IShares Aerospace, IShares Pharmaceuticals, and IShares Healthcare. The fund will invest at least 80 percent of its assets in the component securities of the index and in investments that are substantially identical to the component securities of the index and may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the index, but which BFA believes will help the fund track the index. US Medical is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US4642888105 |
| CUSIP | 464288810 |
| Region | North America |
| Investment Issuer | iShares |
| Etf Family | iShares |
| Fund Category | Sector |
| Portfolio Concentration | Health Care |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IShares Medical Key Financial Ratios
IShares Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IShares Medical's current stock value. Our valuation model uses many indicators to compare IShares Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IShares Medical competition to find correlations between indicators driving IShares Medical's intrinsic value. More Info.iShares Medical Devices is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for iShares Medical Devices is roughly 7.97 . 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 Medical's earnings, one of the primary drivers of an investment's value.iShares Medical Devices Systematic Risk
IShares Medical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IShares Medical 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on iShares Medical Devices correlated with the market. If Beta is less than 0 IShares Medical generally moves in the opposite direction as compared to the market. If IShares Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one iShares Medical Devices is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IShares Medical is generally in the same direction as the market. If Beta > 1 IShares Medical moves generally in the same direction as, but more than the movement of the benchmark.
About IShares Medical Financials
What exactly are IShares Medical 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 Medical's income statement, its balance sheet, and the statement of cash flows. Potential IShares Medical investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IShares Medical investors may use each financial statement separately, they are all related. The changes in IShares Medical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares Medical'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 Medical Thematic Clasifications
iShares Medical Devices is part of several thematic ideas from Health Care ETFs to Sector 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 Medical March 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IShares Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of iShares Medical Devices. We use our internally-developed statistical techniques to arrive at the intrinsic value of iShares Medical Devices 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 Medical's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0681 | |||
| Maximum Drawdown | 4.53 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.5 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Medical Devices. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of iShares Medical Devices 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 Medical's value that differs from its market value or its book value, called intrinsic value, which is IShares Medical'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 Medical's market value can be influenced by many factors that don't directly affect IShares Medical'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 Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Medical'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.