Ishares Silver Trust Etf Profile
SLV Etf | USD 22.75 0.24 1.07% |
Performance3 of 100
| Odds Of DistressLess than 9
|
IShares Silver is selling for under 22.75 as of the 28th of March 2024; that is 1.07 percent increase since the beginning of the trading day. The etf's lowest day price was 22.42. IShares Silver has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for IShares Silver Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The Trust seeks to reflect such performance before payment of the Trusts expenses and liabilities. IShares Silver is traded on NYSEARCA Exchange in the United States. More on IShares Silver Trust
Moving together with IShares Etf
0.81 | GLD | SPDR Gold Shares | PairCorr |
0.83 | IAU | IShares Gold Trust | PairCorr |
0.83 | GLDM | SPDR Gold MiniShares | PairCorr |
0.83 | SGOL | Abrdn Physical Gold | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Silver's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Silver or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO of the Sponsor | Patrick Dunne |
Thematic Ideas | (View all Themes) |
Old Name | SLOVNAFT |
Business Concentration | WSE WIG INDEX, WIG Tech, MWIG40, Precious Metals ETFs, Macroaxis Index, Commodities Focused, iShares (View all Sectors) |
Issuer | iShares |
Inception Date | 2006-04-21 |
Benchmark | LBMA Silver Price |
Entity Type | Grantor Trust |
Asset Under Management | 10.39 Billion |
Average Trading Valume | 18.82 Million |
Asset Type | Commodities |
Category | Precious Metals |
Focus | Silver |
Market Concentration | Blended Development |
Region | Global |
Administrator | State Street Bank and Trust Company |
Advisor | BlackRock Fund Advisors |
Custodian | JPMorgan Chase Bank, N.A., London Branch |
Distributor | BlackRock Investments, LLC |
Transfer Agent | The Bank of New York Mellon Corporation |
Trustee | The Bank of New York Mellon Corporation |
Fiscal Year End | 30-Sep |
Exchange | NYSE Arca, Inc. |
Market Maker | Virtu Financial |
Total Expense | 0.5 |
Management Fee | 0.5 |
Country Name | USA |
Returns Y T D | 2.57 |
Name | iShares Silver Trust |
Currency Code | USD |
Open Figi | BBG000NDCRW7 |
In Threey Volatility | 25.2 |
1y Volatility | 24.08 |
200 Day M A | 21.3996 |
50 Day M A | 21.3536 |
Code | SLV |
Updated At | 27th of March 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | (0.25) |
IShares Silver Trust [SLV] is traded in USA and was established 2006-04-21. The fund is classified under Commodities Focused category within iShares family. The entity is thematically classified as Precious Metals ETFs. IShares Silver Trust at this time have 9.14 B in assets. , while the total return for the last 3 years was -1.2%.
Check IShares Silver Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as IShares Silver Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
IShares Silver Target Price Odds Analysis
Depending on a normal probability distribution, the odds of IShares Silver jumping above the current price in 90 days from now is nearly 4.78%. The IShares Silver Trust probability density function shows the probability of IShares Silver etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon IShares Silver Trust has a beta of -0.456. This usually implies as returns on benchmark increase, returns on holding IShares Silver are expected to decrease at a much lower rate. During the bear market, however, IShares Silver Trust is likely to outperform the market. Additionally, iShares Silver Trust has an alpha of 0.0931, implying that it can generate a 0.0931 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of IShares Silver to move above the current price in 90 days from now is nearly 4.78 (This IShares Silver Trust probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Silver Top Holders
RHTX | Starboard Investment Trust | Etf | Tactical Allocation |
GDMA | Alpha Architect Gdsdn | Etf | Moderate Allocation |
AIIFX | Timber Point Alternative | Mutual Fund | Nontraditional Bond |
WMRIX | Wilmington Multi Manager Real | Mutual Fund | World Allocation |
GIOIX | Guggenheim Macro Opportunities | Mutual Fund | Nontraditional Bond |
GIOSX | Guggenheim Macro Opportunities | Mutual Fund | Nontraditional Bond |
GIOPX | Guggenheim Macro Opportunities | Mutual Fund | Nontraditional Bond |
IShares Silver Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Silver market risk premium is the additional return an investor will receive from holding IShares Silver long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Silver. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares Silver's alpha and beta are two of the key measurements used to evaluate IShares Silver's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.0249 | |||
Jensen Alpha | 0.0931 | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0.07) |
IShares Silver Against Markets
Picking the right benchmark for IShares Silver etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Silver etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Silver is critical whether you are bullish or bearish towards IShares Silver Trust at a given time. Please also check how IShares Silver's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares Silver without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares Silver, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Silver. To buy IShares Silver etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Silver. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Silver etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located IShares Silver Trust etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased IShares Silver Trust etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as IShares Silver Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Silver guide.
Already Invested in IShares Silver Trust?
The danger of trading IShares Silver Trust is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Silver is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Silver. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IShares Silver Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether IShares Silver Trust is a strong investment it is important to analyze IShares Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Silver's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in IShares Silver Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for IShares Etf analysis
When running IShares Silver's price analysis, check to measure IShares Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares Silver is operating at the current time. Most of IShares Silver's value examination focuses on studying past and present price action to predict the probability of IShares Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares Silver's price. Additionally, you may evaluate how the addition of IShares Silver to your portfolios can decrease your overall portfolio volatility.
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The market value of IShares Silver Trust 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 Silver's value that differs from its market value or its book value, called intrinsic value, which is IShares Silver'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 Silver's market value can be influenced by many factors that don't directly affect IShares Silver'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 Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Silver'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.