Ishares Tech Breakthrough Etf Profile
| TECB Etf | USD 45.51 0.07 0.15% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares Tech is trading at 45.51 as of the 25th of April 2024, a -0.15 percent decrease since the beginning of the trading day. The etf's open price was 45.58. IShares Tech has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for iShares Tech Breakthrough are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
The underlying index measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. More on iShares Tech Breakthrough
Moving together with IShares Etf
| 0.96 | VGT | Vanguard Information | PairCorr |
| 0.84 | XLK | Technology Select Sector | PairCorr |
| 0.86 | IYW | iShares Technology ETF | PairCorr |
| 0.8 | SMH | VanEck Semiconductor ETF Potential Growth | PairCorr |
| 0.86 | SOXX | iShares Semiconductor ETF | PairCorr |
| 0.96 | FTEC | Fidelity MSCI Information | 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 Tech's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Tech or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Technology, iShares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 6.15 |
| Name | iShares U.S. Tech Breakthrough Multisector ETF |
| Currency Code | USD |
| In Threey Volatility | 23.63 |
| 1y Volatility | 19.13 |
| 200 Day M A | 41.5061 |
| 50 Day M A | 47.0247 |
| Code | TECB |
| Updated At | 25th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.44 |
| Type | ETF |
iShares Tech Breakthrough [TECB] is traded in USA and was established 2020-01-08. The fund is listed under Technology category and is part of iShares family. iShares Tech Breakthrough at this time have 292.26 M in assets. , while the total return for the last 3 years was 6.8%.
Check IShares Tech 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 Tech Breakthrough 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.
Top iShares Tech Breakthrough Etf Constituents
| V | Visa Class A | Stock | Financials |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology |
| REGN | Regeneron Pharmaceuticals | Stock | Health Care |
| ORCL | Oracle | Stock | Information Technology |
| NVDA | NVIDIA | Stock | Information Technology |
| NFLX | Netflix | Stock | Communication Services |
| MSFT | Microsoft | Stock | Information Technology |
IShares Tech Target Price Odds Analysis
What are IShares Tech's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of IShares Tech jumping above the current price in 90 days from now is about 88.19%. The iShares Tech Breakthrough probability density function shows the probability of IShares Tech etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.2036. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, IShares Tech will likely underperform. Additionally, iShares Tech Breakthrough has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of IShares Tech to move above the current price in 90 days from now is about 88.19 (This iShares Tech Breakthrough probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
iShares Tech Breakthrough Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Tech market risk premium is the additional return an investor will receive from holding IShares Tech 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 Tech. 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 Tech's alpha and beta are two of the key measurements used to evaluate IShares Tech's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.05) |
IShares Tech Against Markets
Picking the right benchmark for IShares Tech 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 Tech 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 Tech is critical whether you are bullish or bearish towards iShares Tech Breakthrough at a given time. Please also check how IShares Tech'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 Tech 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 Tech, 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 Tech. To buy IShares Tech etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Tech. 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 Tech etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Tech Breakthrough 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 Tech Breakthrough 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 Tech Breakthrough, 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 Tech guide.
Already Invested in iShares Tech Breakthrough?
The danger of trading iShares Tech Breakthrough 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 Tech 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 Tech. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Tech Breakthrough 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 Tech Breakthrough offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Tech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Tech Breakthrough Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Tech Breakthrough Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in iShares Tech Breakthrough. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the iShares Tech Breakthrough information on this page should be used as a complementary analysis to other IShares Tech'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of iShares Tech Breakthrough 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 Tech's value that differs from its market value or its book value, called intrinsic value, which is IShares Tech'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 Tech's market value can be influenced by many factors that don't directly affect IShares Tech'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 Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Tech'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.