Ishares Dividend And Etf Market Value
| DIVB Etf | USD 42.12 0.13 0.31% |
| Symbol | IShares |
The market value of iShares Dividend 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 Dividend's value that differs from its market value or its book value, called intrinsic value, which is IShares Dividend'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 Dividend's market value can be influenced by many factors that don't directly affect IShares Dividend'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 Dividend's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Dividend is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Dividend'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 Dividend '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 Dividend'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 Dividend.
| 10/20/2023 |
| 04/17/2024 |
If you would invest 0.00 in IShares Dividend on October 20, 2023 and sell it all today you would earn a total of 0.00 from holding iShares Dividend and or generate 0.0% return on investment in IShares Dividend over 180 days. IShares Dividend is related to or competes with Invesco International, Invesco Variable, First Trust, and First Trust. The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and... More
IShares Dividend 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 Dividend'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 Dividend and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.699 | |||
| Information Ratio | 0.0112 | |||
| Maximum Drawdown | 3.15 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 1.12 |
IShares Dividend Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Dividend's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Dividend's standard deviation. In reality, there are many statistical measures that can use IShares Dividend historical prices to predict the future IShares Dividend's volatility.| Risk Adjusted Performance | 0.0622 | |||
| Jensen Alpha | 0.009 | |||
| Total Risk Alpha | 0.0044 | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | 0.0573 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Dividend'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 Dividend Backtested Returns
We consider IShares Dividend very steady. iShares Dividend holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Dividend, which you can use to evaluate the volatility of the entity. Please check out IShares Dividend's Market Risk Adjusted Performance of 0.0673, downside deviation of 0.699, and Risk Adjusted Performance of 0.0622 to validate if the risk estimate we provide is consistent with the expected return of 0.0812%. The etf retains a Market Volatility (i.e., Beta) of 0.97, which attests to possible diversification benefits within a given portfolio. IShares Dividend returns are very sensitive to returns on the market. As the market goes up or down, IShares Dividend is expected to follow.
Auto-correlation | 0.92 |
Excellent predictability
iShares Dividend and has excellent predictability. Overlapping area represents the amount of predictability between IShares Dividend time series from 20th of October 2023 to 18th of January 2024 and 18th of January 2024 to 17th of April 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 Dividend price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current IShares Dividend price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
iShares Dividend lagged returns against current returns
Autocorrelation, which is IShares Dividend 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 Dividend's etf expected returns. We can calculate the autocorrelation of IShares Dividend returns to help us make a trade decision. For example, suppose you find that IShares Dividend 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 Dividend 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 Dividend etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Dividend etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Dividend etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Dividend Lagged Returns
When evaluating IShares Dividend's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Dividend etf have on its future price. IShares Dividend 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 Dividend autocorrelation shows the relationship between IShares Dividend etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Dividend and.
Regressed Prices |
| Timeline |
Pair Trading with IShares Dividend
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares Dividend position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares Dividend will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.98 | VTV | Vanguard Value Index | PairCorr |
| 0.98 | VYM | Vanguard High Dividend | PairCorr |
| 0.99 | IWD | iShares Russell 1000 | PairCorr |
| 0.98 | DGRO | iShares Core Dividend | PairCorr |
| 0.99 | IVE | iShares SP 500 | PairCorr |
The ability to find closely correlated positions to IShares Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares Dividend when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares Dividend - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares Dividend and to buy it.
The correlation of IShares Dividend is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Dividend moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares Dividend can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out IShares Dividend Correlation, IShares Dividend Volatility and IShares Dividend Alpha and Beta module to complement your research on IShares Dividend. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
IShares Dividend 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.