IShares Public (Netherlands) Market Value
| IKRA Etf | EUR 37.24 0.14 0.37% |
| Symbol | IShares |
IShares Public '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 Public'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 Public.
| 12/26/2024 |
| 01/25/2025 |
If you would invest 0.00 in IShares Public on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Public Limited or generate 0.0% return on investment in IShares Public over 30 days. IShares Public is related to or competes with IShares III, IShares Core, IShares France, IShares Core, and IShares STOXX. The fund is an exchange traded fund that aims to track the performance of the MSCI Korea Index as closely as possible More
IShares Public 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 Public'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 Public Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.26 |
IShares Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Public's standard deviation. In reality, there are many statistical measures that can use IShares Public historical prices to predict the future IShares Public's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.4283 |
iShares Public Backtested Returns
iShares Public holds Efficiency (Sharpe) Ratio of -0.0437, which attests that the entity had a -0.0437 % return per unit of risk over the last 3 months. iShares Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Public's Market Risk Adjusted Performance of 0.4383, risk adjusted performance of (0.03), and Standard Deviation of 1.36 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Public are expected to decrease at a much lower rate. During the bear market, IShares Public is likely to outperform the market.
Auto-correlation | 0.89 |
Very good predictability
iShares Public Limited has very good predictability. Overlapping area represents the amount of predictability between IShares Public time series from 26th of December 2024 to 10th of January 2025 and 10th of January 2025 to 25th 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 Public price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current IShares Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
iShares Public lagged returns against current returns
Autocorrelation, which is IShares Public 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 Public's etf expected returns. We can calculate the autocorrelation of IShares Public returns to help us make a trade decision. For example, suppose you find that IShares Public 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 Public 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 Public etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Public etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Public etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Public Lagged Returns
When evaluating IShares Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Public etf have on its future price. IShares Public 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 Public autocorrelation shows the relationship between IShares Public etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Public Limited.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in IShares Etf
IShares Public 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 Public security.