Ishares Transportation Average Etf Performance
| IYT Etf | USD 68.23 0.31 0.45% |
The etf retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Transportation's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Transportation is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days iShares Transportation Average has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, IShares Transportation is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Uber Avride Join Forces for Autonomous Delivery Partners With ENSO For Low-Emission EV Tires | 10/03/2024 |
2 | Old Dominion Freight Line Q3 Misses On Earnings And Revenue As Economic Headwinds Weigh | 10/23/2024 |
3 | Nikulski Financial Inc. Trims Stake in iShares U.S. Transportation ETF | 10/31/2024 |
4 | iShares U.S. Transportation ETF Hits New 1-Year Low Should You Sell | 11/11/2024 |
5 | iShares Transportation Average ETF declares quarterly distribution of 0.164070 | 12/19/2024 |
| In Threey Sharp Ratio | 0.19 |
IShares |
IShares Transportation Relative Risk vs. Return Landscape
If you would invest 6,875 in iShares Transportation Average on September 29, 2024 and sell it today you would lose (52.00) from holding iShares Transportation Average or give up 0.76% of portfolio value over 90 days. iShares Transportation Average is generating negative expected returns assuming volatility of 1.2541% on return distribution over 90 days investment horizon. In other words, 11% 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 Transportation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Transportation's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Transportation Average, and traders can use it to determine the average amount a IShares Transportation'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 = -0.0035
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| Negative Returns | IYT |
Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares Transportation 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 Transportation by adding IShares Transportation to a well-diversified portfolio.
IShares Transportation Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Transportation, and IShares Transportation 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 | 2.73 X | |||
| Price To Book | 3.05 X | |||
| Price To Sales | 1.21 X | |||
| Earnings Per Share | (6.59) X | |||
| Total Asset | 727.52 M | |||
About IShares Transportation Performance
Assessing IShares Transportation's fundamental ratios provides investors with valuable insights into IShares Transportation's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IShares Transportation is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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. Transportation Average is traded on BATS Exchange in the United States.| IShares Transportation generated a negative expected return over the last 90 days | |
| Latest headline from seekingalpha.com: iShares Transportation Average ETF declares quarterly distribution of 0.164070 | |
| The fund retains 99.89% 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 Transportation Average. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. 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 Transportation 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 Transportation's value that differs from its market value or its book value, called intrinsic value, which is IShares Transportation'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 Transportation's market value can be influenced by many factors that don't directly affect IShares Transportation'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 Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Transportation'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.