IShares SP's market value is the price at which a share of IShares SP trades on a public exchange. It measures the collective expectations of iShares SP SmallCap investors about its performance. IShares SP is selling for under 94.15 as of the 4th of January 2025; that is 0.39% down since the beginning of the trading day. The etf's lowest day price was 93.59. With this module, you can estimate the performance of a buy and hold strategy of iShares SP SmallCap and determine expected loss or profit from investing in IShares SP over a given investment horizon. Check out IShares SP Correlation, IShares SP Volatility and IShares SP Alpha and Beta module to complement your research on IShares SP.
Please note, there is a significant difference between IShares SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares SP'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 SP '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 SP'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 SP.
0.00
12/05/2024
No Change 0.00
0.0
In 30 days
01/04/2025
0.00
If you would invest 0.00 in IShares SP on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding iShares SP SmallCap or generate 0.0% return on investment in IShares SP over 30 days. IShares SP is related to or competes with IShares MSCI, IShares JP, IShares MSCI, IShares Nasdaq, IShares Global, and IShares MSCI. IShares SP is entity of United Kingdom. It is traded as Etf on LSE exchange. More
IShares SP 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 SP'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 SP SmallCap upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares SP's standard deviation. In reality, there are many statistical measures that can use IShares SP historical prices to predict the future IShares SP's volatility.
Currently, iShares SP SmallCap is very steady. iShares SP SmallCap holds Efficiency (Sharpe) Ratio of 0.0253, which attests that the entity had a 0.0253% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for iShares SP SmallCap, which you can use to evaluate the volatility of the entity. Please check out IShares SP's Risk Adjusted Performance of 2.0E-4, market risk adjusted performance of (0.08), and Standard Deviation of 1.3 to validate if the risk estimate we provide is consistent with the expected return of 0.0336%. The etf retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares SP is expected to be smaller as well.
Auto-correlation
0.11
Insignificant predictability
iShares SP SmallCap has insignificant predictability. Overlapping area represents the amount of predictability between IShares SP time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th of January 2025. 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 SP SmallCap price movement. The serial correlation of 0.11 indicates that less than 11.0% of current IShares SP price fluctuation can be explain by its past prices.
Correlation Coefficient
0.11
Spearman Rank Test
0.26
Residual Average
0.0
Price Variance
0.12
iShares SP SmallCap lagged returns against current returns
Autocorrelation, which is IShares SP 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 SP's etf expected returns. We can calculate the autocorrelation of IShares SP returns to help us make a trade decision. For example, suppose you find that IShares SP 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 SP 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 SP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares SP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares SP etf over time.
Current vs Lagged Prices
Timeline
IShares SP Lagged Returns
When evaluating IShares SP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares SP etf have on its future price. IShares SP 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 SP autocorrelation shows the relationship between IShares SP etf current value and its past values and can show if there is a momentum factor associated with investing in iShares SP SmallCap.
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.
IShares SP financial ratios help investors to determine whether IShares Etf 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 SP security.