IShares Trust (Mexico) Technical Analysis
| IYG Etf | MXN 3,114 0.00 0.00% |
As of the 19th of April, IShares Trust retains the Market Risk Adjusted Performance of 1.82, risk adjusted performance of 0.0698, and Standard Deviation of 0.3808. IShares Trust technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for eleven technical drivers for iShares Trust, which can be compared to its competitors. Please check out iShares Trust coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if IShares Trust is priced fairly, providing market reflects its last-minute price of 3114.47 per share.
IShares Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ISharesIShares |
IShares Trust 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.
iShares Trust Technical Analysis
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iShares Trust Trend Analysis
Use this graph to draw trend lines for iShares Trust . You can use it to identify possible trend reversals for IShares Trust as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual IShares Trust price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IShares Trust Best Fit Change Line
The following chart estimates an ordinary least squares regression model for iShares Trust applied against its price change over selected period. The best fit line has a slop of 1.36 , which means iShares Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 69879.27, which is the sum of squared deviations for the predicted IShares Trust price change compared to its average price change.About IShares Trust Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of iShares Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of iShares Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on iShares Trust price pattern first instead of the macroeconomic environment surrounding iShares Trust. By analyzing IShares Trust's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of IShares Trust's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to IShares Trust specific price patterns or momentum indicators. Please read more on our technical analysis page.
IShares Trust April 19, 2024 Technical Indicators
Most technical analysis of IShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for IShares from various momentum indicators to cycle indicators. When you analyze IShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0698 | |||
| Market Risk Adjusted Performance | 1.82 | |||
| Mean Deviation | 0.0923 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 0.3808 | |||
| Variance | 0.145 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | 0.0357 | |||
| Total Risk Alpha | 8.0E-4 | |||
| Treynor Ratio | 1.81 | |||
| Maximum Drawdown | 3.09 | |||
| Skewness | 8.12 | |||
| Kurtosis | 66.0 |
iShares Trust One Year Return
Based on the recorded statements, iShares Trust has an One Year Return of -2.66%. This is 143.82% lower than that of the iShares family and 26.07% higher than that of the One Year Return category. The one year return for all Mexico etfs is 174.23% higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the iShares Trust information on this page should be used as a complementary analysis to other IShares Trust's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..