Ishares Yield Optimized Etf Market Value
| BYLD Etf | USD 22.59 0.01 0.04% |
| Symbol | IShares |
The market value of iShares Yield Optimized 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 Yield's value that differs from its market value or its book value, called intrinsic value, which is IShares Yield'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 Yield's market value can be influenced by many factors that don't directly affect IShares Yield'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 Yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Yield'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.
IShares Yield 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares Yield's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares Yield.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in IShares Yield on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding iShares Yield Optimized or generate 0.0% return on investment in IShares Yield over 360 days. IShares Yield is related to or competes with IShares Interest, IShares Agency, IShares JP, IShares Interest, and IShares CMBS. The fund will invest at least 80 percent of its assets in the component securities of the underlying index and to-be-ann... More
IShares Yield Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares Yield's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares Yield Optimized upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2621 | |||
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 0.9831 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.3587 |
IShares Yield Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Yield's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Yield's standard deviation. In reality, there are many statistical measures that can use IShares Yield historical prices to predict the future IShares Yield's volatility.| Risk Adjusted Performance | 0.0111 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.44) | |||
| Treynor Ratio | 0.0052 |
iShares Yield Optimized Backtested Returns
At this point, IShares Yield is very steady. iShares Yield Optimized holds Efficiency (Sharpe) Ratio of 0.0164, which attests that the entity had a 0.0164% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Yield Optimized, which you can use to evaluate the volatility of the entity. Please check out IShares Yield's Risk Adjusted Performance of 0.0111, downside deviation of 0.2621, and Market Risk Adjusted Performance of 0.0152 to validate if the risk estimate we provide is consistent with the expected return of 0.0038%. The etf retains a Market Volatility (i.e., Beta) of 0.0676, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Yield's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Yield is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
iShares Yield Optimized has below average predictability. Overlapping area represents the amount of predictability between IShares Yield time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares Yield Optimized price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current IShares Yield price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
iShares Yield Optimized lagged returns against current returns
Autocorrelation, which is IShares Yield etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares Yield's etf expected returns. We can calculate the autocorrelation of IShares Yield returns to help us make a trade decision. For example, suppose you find that IShares Yield has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IShares Yield regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares Yield etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Yield etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Yield etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Yield Lagged Returns
When evaluating IShares Yield's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Yield etf have on its future price. IShares Yield autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares Yield autocorrelation shows the relationship between IShares Yield etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Yield Optimized.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether iShares Yield Optimized is a strong investment it is important to analyze IShares Yield's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Yield's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out IShares Yield Correlation, IShares Yield Volatility and IShares Yield Alpha and Beta module to complement your research on IShares Yield. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
IShares Yield 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.