Ishares Cybersecurity And Etf Market Value
| IHAK Etf | USD 50.96 0.34 0.67% |
| Symbol | IShares |
The market value of iShares Cybersecurity and 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 Cybersecurity's value that differs from its market value or its book value, called intrinsic value, which is IShares Cybersecurity'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 Cybersecurity's market value can be influenced by many factors that don't directly affect IShares Cybersecurity'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 Cybersecurity's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Cybersecurity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Cybersecurity'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 Cybersecurity '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 Cybersecurity'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 Cybersecurity.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in IShares Cybersecurity on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding iShares Cybersecurity and or generate 0.0% return on investment in IShares Cybersecurity over 360 days. IShares Cybersecurity is related to or competes with Invesco DWA, Invesco Dynamic, SCOR PK, Morningstar Unconstrained, Thrivent High, Via Renewables, and Bondbloxx ETF. The fund generally will invest at least 80 percent of its assets in the component securities of the index and in investm... More
IShares Cybersecurity 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 Cybersecurity'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 Cybersecurity and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | 0.0297 | |||
| Maximum Drawdown | 5.31 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.84 |
IShares Cybersecurity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Cybersecurity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Cybersecurity's standard deviation. In reality, there are many statistical measures that can use IShares Cybersecurity historical prices to predict the future IShares Cybersecurity's volatility.| Risk Adjusted Performance | 0.1085 | |||
| Jensen Alpha | 0.0233 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0281 | |||
| Treynor Ratio | 0.1361 |
iShares Cybersecurity and Backtested Returns
As of now, IShares Etf is very steady. iShares Cybersecurity and holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Cybersecurity and, which you can use to evaluate the volatility of the entity. Please check out IShares Cybersecurity's Risk Adjusted Performance of 0.1085, market risk adjusted performance of 0.1461, and Downside Deviation of 1.14 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. The etf retains a Market Volatility (i.e., Beta) of 1.08, which attests to a somewhat significant risk relative to the market. IShares Cybersecurity returns are very sensitive to returns on the market. As the market goes up or down, IShares Cybersecurity is expected to follow.
Auto-correlation | -0.45 |
Modest reverse predictability
iShares Cybersecurity and has modest reverse predictability. Overlapping area represents the amount of predictability between IShares Cybersecurity 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 Cybersecurity and price movement. The serial correlation of -0.45 indicates that just about 45.0% of current IShares Cybersecurity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 4.29 |
iShares Cybersecurity and lagged returns against current returns
Autocorrelation, which is IShares Cybersecurity 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 Cybersecurity's etf expected returns. We can calculate the autocorrelation of IShares Cybersecurity returns to help us make a trade decision. For example, suppose you find that IShares Cybersecurity 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 Cybersecurity 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 Cybersecurity etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Cybersecurity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Cybersecurity etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Cybersecurity Lagged Returns
When evaluating IShares Cybersecurity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Cybersecurity etf have on its future price. IShares Cybersecurity 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 Cybersecurity autocorrelation shows the relationship between IShares Cybersecurity etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Cybersecurity and.
Regressed Prices |
| Timeline |
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IShares Cybersecurity 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.