Ishares Evolved Technology Etf Performance
| IETC Etf | USD 88.23 0.27 0.31% |
The etf retains a Market Volatility (i.e., Beta) of 0.98, which attests to possible diversification benefits within a given portfolio. IShares Evolved returns are very sensitive to returns on the market. As the market goes up or down, IShares Evolved is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in iShares Evolved Technology are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather inconsistent basic indicators, IShares Evolved may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Lansing Street Advisors Has 584,000 Position in iShares U.S. Tech Independence Focused ETF | 11/04/2024 |
| In Threey Sharp Ratio | 0.43 |
IShares |
IShares Evolved Relative Risk vs. Return Landscape
If you would invest 7,817 in iShares Evolved Technology on September 27, 2024 and sell it today you would earn a total of 979.00 from holding iShares Evolved Technology or generate 12.52% return on investment over 90 days. iShares Evolved Technology is currently generating 0.1948% in daily expected returns and assumes 1.2216% risk (volatility on return distribution) over the 90 days horizon. In different words, 10% of etfs are less volatile than IShares, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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IShares Evolved Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Evolved's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Evolved Technology, and traders can use it to determine the average amount a IShares Evolved's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1595
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Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average IShares Evolved is performing at about 12% 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 Evolved by adding it to a well-diversified portfolio.
IShares Evolved Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Evolved, and IShares Evolved fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Total Asset | 92.93 M | |||
About IShares Evolved Performance
By analyzing IShares Evolved's fundamental ratios, stakeholders can gain valuable insights into IShares Evolved's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IShares Evolved has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IShares Evolved has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.| The fund retains 98.52% of its assets under management (AUM) in equities |
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.