Ishares Tips Bond Fund Market Value
| IBTAX Fund | USD 11.21 0.06 0.53% |
| Symbol | Ishares |
Please note, there is a significant difference between Ishares Tips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ishares Tips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ishares Tips' 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 Tips '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 Tips' mutual fund 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 Tips.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Ishares Tips on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Ishares Tips Bond or generate 0.0% return on investment in Ishares Tips over 30 days. Ishares Tips is related to or competes with Fidelity Real, Deutsche Real, Jhancock Real, Amg Managers, Virtus Real, and Nomura Real. Ishares Tips is entity of United States. It is traded as Fund on NMFQS exchange. More
Ishares Tips 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 Tips' mutual fund 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 Tips Bond upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 1.38 | |||
| Value At Risk | (0.53) | |||
| Potential Upside | 0.3518 |
Ishares Tips Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ishares Tips' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ishares Tips' standard deviation. In reality, there are many statistical measures that can use Ishares Tips historical prices to predict the future Ishares Tips' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.78) |
Ishares Tips Bond Backtested Returns
Ishares Tips Bond holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21% return per unit of risk over the last 3 months. Ishares Tips Bond exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ishares Tips' Standard Deviation of 0.2729, market risk adjusted performance of (0.77), and Risk Adjusted Performance of (0.14) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0673, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ishares Tips' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ishares Tips is expected to be smaller as well.
Auto-correlation | -0.85 |
Excellent reverse predictability
Ishares Tips Bond has excellent reverse predictability. Overlapping area represents the amount of predictability between Ishares Tips time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Tips Bond price movement. The serial correlation of -0.85 indicates that around 85.0% of current Ishares Tips price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ishares Tips Bond lagged returns against current returns
Autocorrelation, which is Ishares Tips mutual fund'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 Tips' mutual fund expected returns. We can calculate the autocorrelation of Ishares Tips returns to help us make a trade decision. For example, suppose you find that Ishares Tips has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Tips 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 Tips mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ishares Tips mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ishares Tips mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ishares Tips Lagged Returns
When evaluating Ishares Tips' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ishares Tips mutual fund have on its future price. Ishares Tips 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 Tips autocorrelation shows the relationship between Ishares Tips mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ishares Tips Bond.
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.Other Information on Investing in Ishares Mutual Fund
Ishares Tips financial ratios help investors to determine whether Ishares Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ishares with respect to the benefits of owning Ishares Tips security.
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