IShares Technology Valuation
| IYW Etf | USD 156.50 2.64 1.66% |
At this time, the entity appears to be fairly valued. iShares Technology ETF retains a regular Real Value of $159.78 per share. The prevalent price of the entity is $156.5. Our model calculates the value of iShares Technology ETF from evaluating the entity fundamentals such as Earnings Per Share of 8.27 X, price to earning of 2.14 X, and Price To Book of 4.23 X as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that IShares Technology's price fluctuation is very steady at this time. Calculation of the real value of iShares Technology ETF is based on 3 months time horizon. Increasing IShares Technology's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the IShares etf is determined by what a typical buyer is willing to pay for full or partial control of iShares Technology ETF. Since IShares Technology is currently traded on the exchange, buyers and sellers on that exchange determine the market value of IShares Etf. However, IShares Technology's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 156.5 | Real 159.78 | Hype 159.17 | Naive 159.71 |
The intrinsic value of IShares Technology's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence IShares Technology's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of iShares Technology ETF helps investors to forecast how IShares etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of IShares Technology more accurately as focusing exclusively on IShares Technology's fundamentals will not take into account other important factors: IShares Technology Total Value Analysis
iShares Technology ETF is currently anticipated to have company total value of 1.59 B with market capitalization of 1.59 B, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the IShares Technology fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.59 B | 1.59 B |
IShares Technology Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of IShares indicates not a very effective usage of assets in February.About IShares Technology Valuation
Our relative valuation model uses a comparative analysis of IShares Technology. We calculate exposure to IShares Technology's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IShares Technology's related companies.The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. US Technology is traded on NYSEARCA Exchange in the United States.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Technology ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of iShares Technology ETF 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is IShares Technology'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 Technology's market value can be influenced by many factors that don't directly affect IShares Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Technology'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.