Ishares Environmentally Aware Etf Price on February 20, 2024
ERET Etf | 26.84 0.08 0.30% |
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IShares Environmentally stands at 26.84, as last reported on the 15th of December 2024, with the highest price reaching 26.84 and the lowest price hitting 26.84 during the day. iShares Environmentally holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of risk over the last 3 months. iShares Environmentally exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Environmentally's Risk Adjusted Performance of (0.09), standard deviation of 0.7056, and Market Risk Adjusted Performance of (0.42) to validate the risk estimate we provide.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IShares |
Sharpe Ratio = -0.1651
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Estimated Market Risk
0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Environmentally is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Environmentally by adding IShares Environmentally to a well-diversified portfolio.
Average Mkt Cap Mil 15.8 K |
IShares Environmentally Valuation on February 20, 2024
It is possible to determine the worth of IShares Environmentally on a given historical date. On February 20, 2024 IShares was worth 24.59 at the beginning of the trading date compared to the closed value of 24.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Environmentally etf. Still, in general, we apply an absolute valuation method to find IShares Environmentally's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Environmentally where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Environmentally's related companies.
Open | High | Low | Close | Volume | |
24.69 | 24.69 | 24.69 | 24.69 | 100.00 | |
02/20/2024 | 24.59 | 24.59 | 24.54 | 24.54 | 300.00 |
24.66 | 24.70 | 24.66 | 24.70 | 400.00 |
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IShares Environmentally Trading Date Momentum on February 20, 2024
On February 21 2024 iShares Environmentally Aware was traded for 24.70 at the closing time. The top price for the day was 24.70 and the lowest listed price was 24.66 . The trading volume for the day was 400. The trading history from February 21, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.65% . The trading date delta against the current closing price is 1.34% . |
About IShares Environmentally Etf history
IShares Environmentally investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares Environmentally will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IShares Environmentally stock prices may prove useful in developing a viable investing in IShares Environmentally
IShares Environmentally Etf Technical Analysis
IShares Environmentally 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.
Price Boundaries
IShares Environmentally Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
iShares Environmentally Aware cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
IShares Environmentally December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Environmentally etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IShares Environmentally shares will generate the highest return on investment. By undertsting and applying IShares Environmentally etf market strength indicators, traders can identify iShares Environmentally Aware entry and exit signals to maximize returns
IShares Environmentally Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Environmentally's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.09) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.43) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares Environmentally Aware. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of iShares Environmentally 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 Environmentally's value that differs from its market value or its book value, called intrinsic value, which is IShares Environmentally'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 Environmentally's market value can be influenced by many factors that don't directly affect IShares Environmentally'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 Environmentally's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Environmentally is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Environmentally'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.