Ishares Convertible Bond Etf Price on December 20, 2024
| ICVT Etf | USD 86.29 1.32 1.55% |
Below is the normalized historical share price chart for iShares Convertible Bond extending back to June 04, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IShares Convertible stands at 86.29, as last reported on the 3rd of January, with the highest price reaching 86.31 and the lowest price hitting 85.30 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. Currently, iShares Convertible Bond is very steady. iShares Convertible Bond holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Convertible Bond, which you can use to evaluate the volatility of the entity. Please check out IShares Convertible's Market Risk Adjusted Performance of 0.3422, risk adjusted performance of 0.0532, and Downside Deviation of 0.5766 to validate if the risk estimate we provide is consistent with the expected return of 0.0673%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 12.92 | 200 Day MA 81.4355 | 1 y Volatility 9.69 | 50 Day MA 86.6774 | Inception Date 2015-06-02 |
IShares |
Sharpe Ratio = 0.111
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average IShares Convertible is performing at about 8% of its full potential. 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 Convertible by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 829.51031 | Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=0.06071} |
IShares Convertible Main Headline on 20th of December 2024
iShares Convertible Bond ETF declares 0.2797 dividend by seekingalpha.com
iShares Convertible Bond ETF declares 0.2797share monthly dividend, payable Dec. 23 for shareholders of record Dec.
IShares Convertible Valuation on December 20, 2024
It is possible to determine the worth of IShares Convertible on a given historical date. On December 20, 2024 IShares was worth 85.21 at the beginning of the trading date compared to the closed value of 86.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Convertible etf. Still, in general, we apply an absolute valuation method to find IShares Convertible'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 Convertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Convertible's related companies.
| Open | High | Low | Close | Volume | |
| 86.37 | 86.57 | 85.32 | 85.40 | 288,564 | |
12/20/2024 | 85.21 | 86.41 | 85.09 | 86.16 | 222,083 |
| 86.17 | 86.17 | 85.72 | 85.91 | 331,152 |
| Backtest IShares Convertible | | | IShares Convertible History | | | IShares Convertible Valuation | Previous | Next |
IShares Convertible Trading Date Momentum on December 20, 2024
| On December 23 2024 iShares Convertible Bond was traded for 85.91 at the closing time. The top price for the day was 86.17 and the lowest listed price was 85.72 . The trading volume for the day was 331.2 K. The trading history from December 23, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.29% . The trading date delta against the current closing price is 0.95% . |
iShares Convertible Bond Fundamentals Correlations and Trends
By evaluating IShares Convertible's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IShares Convertible's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IShares Convertible Etf history
IShares Convertible 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 Convertible Bond 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 Convertible stock prices may prove useful in developing a viable investing in IShares Convertible
The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and it will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. Convertible Bond is traded on BATS Exchange in the United States.
IShares Convertible Etf Technical Analysis
IShares Convertible 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 Convertible Period Price Range
Low | January 3, 2025
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0.00 | 0.00 |
iShares Convertible Bond cannot be verified against its exchange. Please verify the symbol is currently traded on BATS 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 Convertible January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how IShares Convertible 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 Convertible shares will generate the highest return on investment. By undertsting and applying IShares Convertible etf market strength indicators, traders can identify iShares Convertible Bond entry and exit signals to maximize returns
IShares Convertible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Convertible'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 | 0.0532 | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | 0.0293 | |||
| Sortino Ratio | 0.05 | |||
| Treynor Ratio | 0.3322 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Convertible Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of iShares Convertible Bond 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 Convertible's value that differs from its market value or its book value, called intrinsic value, which is IShares Convertible'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 Convertible's market value can be influenced by many factors that don't directly affect IShares Convertible'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 Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Convertible'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.