Ishares Evolved Discretionary Etf Market Value
| IEDI Etf | USD 49.98 0.77 1.56% |
| Symbol | IShares |
The market value of iShares Evolved Disc 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 Evolved's value that differs from its market value or its book value, called intrinsic value, which is IShares Evolved'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 Evolved's market value can be influenced by many factors that don't directly affect IShares Evolved'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 Evolved's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Evolved is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Evolved'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 Evolved '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 Evolved'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 Evolved.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in IShares Evolved on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Evolved Discretionary or generate 0.0% return on investment in IShares Evolved over 90 days. IShares Evolved is related to or competes with IShares Evolved, IShares Global, IShares ESG, and IShares Currency. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its ... More
IShares Evolved 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 Evolved'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 Evolved Discretionary upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.05 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 1.49 |
IShares Evolved Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Evolved's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Evolved's standard deviation. In reality, there are many statistical measures that can use IShares Evolved historical prices to predict the future IShares Evolved's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Evolved's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
iShares Evolved Disc Backtested Returns
iShares Evolved Disc holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17 % return per unit of risk over the last 3 months. iShares Evolved Disc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Evolved's Standard Deviation of 1.01, market risk adjusted performance of (0.23), and Risk Adjusted Performance of (0.16) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares Evolved's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Evolved is expected to be smaller as well.
Auto-correlation | -0.69 |
Very good reverse predictability
iShares Evolved Discretionary has very good reverse predictability. Overlapping area represents the amount of predictability between IShares Evolved time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Evolved Disc price movement. The serial correlation of -0.69 indicates that around 69.0% of current IShares Evolved price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 4.83 |
iShares Evolved Disc lagged returns against current returns
Autocorrelation, which is IShares Evolved 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 Evolved's etf expected returns. We can calculate the autocorrelation of IShares Evolved returns to help us make a trade decision. For example, suppose you find that IShares Evolved 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 |
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IShares Evolved 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 Evolved etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Evolved etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Evolved etf over time.
Current vs Lagged Prices |
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IShares Evolved Lagged Returns
When evaluating IShares Evolved's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Evolved etf have on its future price. IShares Evolved 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 Evolved autocorrelation shows the relationship between IShares Evolved etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Evolved Discretionary.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether iShares Evolved Disc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Evolved's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Evolved Discretionary Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Evolved Discretionary Etf:Check out IShares Evolved Correlation, IShares Evolved Volatility and IShares Evolved Alpha and Beta module to complement your research on IShares Evolved. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
IShares Evolved 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.