Ishares Latin America Etf Market Value
| ILF Etf | USD 23.56 0.44 1.83% |
| Symbol | IShares |
The market value of iShares Latin America 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 Latin's value that differs from its market value or its book value, called intrinsic value, which is IShares Latin'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 Latin's market value can be influenced by many factors that don't directly affect IShares Latin'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 Latin's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Latin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Latin'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 Latin '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 Latin'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 Latin.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in IShares Latin on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding iShares Latin America or generate 0.0% return on investment in IShares Latin over 30 days. IShares Latin is related to or competes with IShares MSCI, IShares MSCI, IShares MSCI, IShares MSCI, and IShares MSCI. The fund generally invests at least 80 percent of its assets in the component securities of its underlying index and in ... More
IShares Latin 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 Latin'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 Latin America upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.21 |
IShares Latin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Latin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Latin's standard deviation. In reality, there are many statistical measures that can use IShares Latin historical prices to predict the future IShares Latin's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 1.65 |
iShares Latin America Backtested Returns
iShares Latin America holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. iShares Latin America exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Latin's Market Risk Adjusted Performance of 1.66, standard deviation of 0.9583, and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of -0.0917, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Latin are expected to decrease at a much lower rate. During the bear market, IShares Latin is likely to outperform the market.
Auto-correlation | 0.22 |
Weak predictability
iShares Latin America has weak predictability. Overlapping area represents the amount of predictability between IShares Latin time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Latin America price movement. The serial correlation of 0.22 indicates that over 22.0% of current IShares Latin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
iShares Latin America lagged returns against current returns
Autocorrelation, which is IShares Latin 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 Latin's etf expected returns. We can calculate the autocorrelation of IShares Latin returns to help us make a trade decision. For example, suppose you find that IShares Latin 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 Latin 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 Latin etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Latin etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Latin etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Latin Lagged Returns
When evaluating IShares Latin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Latin etf have on its future price. IShares Latin 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 Latin autocorrelation shows the relationship between IShares Latin etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Latin America.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether iShares Latin America is a strong investment it is important to analyze IShares Latin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Latin's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out IShares Latin Correlation, IShares Latin Volatility and IShares Latin Alpha and Beta module to complement your research on IShares Latin. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
IShares Latin 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.