Ishares Agency Bond Etf Price on April 3, 2024
| AGZ Etf | USD 107.12 0.30 0.28% |
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. As of today, the current price of IShares Agency stands at 107.12, as last reported on the 5th of May, with the highest price reaching 107.12 and the lowest price hitting 106.97 during the day. We consider IShares Agency very steady. iShares Agency Bond holds Efficiency (Sharpe) Ratio of 0.0263, which attests that the entity had a 0.0263% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iShares Agency Bond, which you can use to evaluate the volatility of the entity. Please check out IShares Agency's Downside Deviation of 0.2022, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 1.53 to validate if the risk estimate we provide is consistent with the expected return of 0.0045%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IShares |
Sharpe Ratio = 0.0263
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| Negative Returns | AGZ |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average IShares Agency is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Agency by adding it to a well-diversified portfolio.
IShares Agency Valuation on April 3, 2024
It is possible to determine the worth of IShares Agency on a given historical date. On April 3, 2024 IShares was worth 107.18 at the beginning of the trading date compared to the closed value of 106.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares Agency etf. Still, in general, we apply an absolute valuation method to find IShares Agency's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares Agency where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares Agency's related companies.
| Open | High | Low | Close | Volume | |
| 107.49 | 107.49 | 106.99 | 106.99 | 23,845 | |
04/03/2024 | 107.18 | 107.34 | 106.99 | 106.99 | 35,030 |
| 107.41 | 107.49 | 107.15 | 107.15 | 27,369 |
| Backtest IShares Agency | | | IShares Agency History | | | IShares Agency Valuation | Previous | Next |
IShares Agency Trading Date Momentum on April 3, 2024
| On April 04 2024 iShares Agency Bond was traded for 107.15 at the closing time. Highest IShares Agency's price during the trading hours was 107.49 and the lowest price during the day was 107.15 . The net volume was 27.4 K. The overall trading history on the 4th of April contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.15% . The trading date delta to current price is 0.39% . |
iShares Agency Bond Fundamentals Correlations and Trends
By evaluating IShares Agency's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IShares Agency's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IShares Agency Etf history
IShares Agency investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares Agency Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IShares Agency stock prices may prove useful in developing a viable investing in IShares Agency
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.
IShares Agency Etf Technical Analysis
IShares Agency 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.
Price Boundaries
IShares Agency Period Price Range
Low | April 3, 2024
| High |
107.18 | 106.99 |
IShares Agency May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares Agency etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IShares Agency shares will generate the highest return on investment. By undertsting and applying IShares Agency etf market strength indicators, traders can identify iShares Agency Bond entry and exit signals to maximize returns
| Accumulation Distribution | 114.22 | |||
| Daily Balance Of Power | (0.54) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 107.17 | |||
| Day Typical Price | 107.11 | |||
| Price Action Indicator | (0.27) | |||
| Period Momentum Indicator | 0.13 |
IShares Agency Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares Agency's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.37) | |||
| Treynor Ratio | 1.52 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares Agency Bond. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.