IShares Agency Financial Statements From 2010 to 2024
| AGZ Etf | USD 106.69 0.10 0.09% |
Check IShares Agency financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IShares main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . IShares financial statements analysis is a perfect complement when working with IShares Agency Valuation or Volatility modules.
IShares |
iShares Agency Bond ETF Beta Analysis
IShares Agency's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current IShares Agency Beta | 0.48 |
Most of IShares Agency's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares Agency Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, iShares Agency Bond has a Beta of 0.48. This is much higher than that of the iShares family and significantly higher than that of the Short Government category. The beta for all United States etfs is notably lower than that of the firm.
About IShares Agency Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include IShares Agency income statement, its balance sheet, and the statement of cash flows. IShares Agency investors use historical funamental indicators, such as IShares Agency's revenue or net income, to determine how well the company is positioned to perform in the future. Although IShares Agency investors may use each financial statement separately, they are all related. The changes in IShares Agency's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IShares Agency's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on IShares Agency Financial Statements. Understanding these patterns can help to make the right decision on long term investment in IShares Agency. Please read more on our technical analysis and fundamental analysis pages.
The index measures the performance of the agency sector of the U.S. government bond market and is composed of investment-grade U.S. dollar-denominated publicly-issued government agency bonds or debentures. Agency Bond is traded on NYSEARCA Exchange in the United States.
Pair Trading with IShares Agency
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 Agency 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 Agency will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.89 | SHY | iShares 1 3 | PairCorr |
| 0.82 | LMBS | First Trust Low | PairCorr |
| 0.88 | SPTS | SPDR Barclays Short | PairCorr |
The ability to find closely correlated positions to IShares Agency 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 Agency 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 Agency - 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 Agency Bond to buy it.
The correlation of IShares Agency 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 Agency moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares Agency Bond 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 Agency 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 the analysis of IShares Agency Correlation against competitors. Note that the iShares Agency Bond information on this page should be used as a complementary analysis to other IShares Agency'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of iShares Agency Bond 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 Agency's value that differs from its market value or its book value, called intrinsic value, which is IShares Agency'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 Agency's market value can be influenced by many factors that don't directly affect IShares Agency'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 Agency's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Agency is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Agency'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.