Ishares Expanded Tech Etf Performance
| IGM Etf | USD 94.39 2.71 2.96% |
The etf retains a Market Volatility (i.e., Beta) of 0.0777, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Expanded's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Expanded is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days iShares Expanded Tech has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
| In Threey Sharp Ratio | 0.61 |
IShares |
IShares Expanded Relative Risk vs. Return Landscape
If you would invest 10,690 in iShares Expanded Tech on December 16, 2024 and sell it today you would lose (1,251) from holding iShares Expanded Tech or give up 11.7% of portfolio value over 90 days. iShares Expanded Tech is generating negative expected returns assuming volatility of 1.6766% on return distribution over 90 days investment horizon. In other words, 14% of etfs are less volatile than IShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IShares Expanded Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Expanded's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Expanded Tech, and traders can use it to determine the average amount a IShares Expanded'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 = -0.1133
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| Negative Returns | IGM |
Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Expanded 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 Expanded by adding IShares Expanded to a well-diversified portfolio.
IShares Expanded Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Expanded, and IShares Expanded 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.
| Price To Earning | 2.07 X | |||
| Price To Book | 4.49 X | |||
| Price To Sales | 3.01 X | |||
| Earnings Per Share | 12.53 X | |||
| Total Asset | 2.79 B | |||
About IShares Expanded Performance
By examining IShares Expanded's fundamental ratios, stakeholders can obtain critical insights into IShares Expanded's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that IShares Expanded is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. North American is traded on NYSEARCA Exchange in the United States.| IShares Expanded generated a negative expected return over the last 90 days | |
| The fund retains 100.06% 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 Expanded Tech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of iShares Expanded 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 Expanded's value that differs from its market value or its book value, called intrinsic value, which is IShares Expanded'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 Expanded's market value can be influenced by many factors that don't directly affect IShares Expanded'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 Expanded's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Expanded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Expanded'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.