The etf maintains market beta of 1.02 which attests that iShares returns are very sensitive to returns on the market. as market goes up or down, iShares is expected to follow. Even though it is essential to pay attention to iShares Russell 1000
historical price patterns
, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. iShares Russell 1000 exposes twenty-eight different technical indicators which can help you to evaluate its performance.
Relative Risk vs. Return Landscape
If you would invest 8,645
in iShares Russell 1000 Value Index on May 19, 2013
and sell it today you would lose (127.00)
from holding iShares Russell 1000 Value Index or give up 1.47%
of portfolio value over 30
days. iShares Russell 1000 Value Index is generating negative expected returns assuming volatility of 0.87%
on return distribution over 30 days investment horizon. In other words, 10% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, iShares Russell 1000 Value Index is expected to generate 1.04 times more return on investment than the market. However, the company is 1.04 times more volatile than its market benchmark. It trades about -0.07 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.1 per unit of risk.
iShares Price to Book
Based on latest financial disclosure the price to book indicator of iShares Russell 1000 Value Index is roughly 1.46 times. This is much higher than that of iShares family, and significantly higher than that of Large Value
category, The Price to Book for all etfs is over 1000% lower than the firm.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
iShares Year to Date Return
iShares Russell 1000 Value Index has Year to Date Return of 12.0%. This is much higher than that of iShares family, and significantly higher than that of Large Value
category, The Year to Date Return for all etfs is over 1000% lower than the firm.
Year-To-Date typically refers to a period starting from the beginning of the current year, and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
iShares Price to Earning vs Price to Book
iShares Russell 1000 Value Index is rated below average
in price to earning as compared to similar ETFs. It is rated below average
in price to book as compared to similar ETFs fabricating about 0.12
of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for iShares Russell 1000 Value Index is roughly 8.58