Ishares Trust Etf Profile
| IDAT Etf | USD 27.88 0.53 1.94% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Ishares Trust is selling for under 27.88 as of the 24th of April 2024; that is 1.94 percent increase since the beginning of the trading day. The etf's last reported lowest price was 27.88. Ishares Trust 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 Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund will invest at least 80 percent of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents. More on Ishares Trust
Moving together with Ishares Etf
| 0.91 | VGT | Vanguard Information Potential Growth | PairCorr |
| 0.81 | XLK | Technology Select Sector | PairCorr |
| 0.79 | IYW | iShares Technology ETF Potential Growth | PairCorr |
| 0.82 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.92 | SOXX | iShares Semiconductor ETF | PairCorr |
| 0.92 | FTEC | Fidelity MSCI Information Potential Growth | 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 Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ishares Trust 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 | 1.08 |
| Name | Ishares Trust - Cloud Data Tech and Consumer ETF |
| Currency Code | USD |
| 1y Volatility | 22.82 |
| 200 Day M A | 26.0086 |
| 50 Day M A | 28.9216 |
| Code | IDAT |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Ishares Trust [IDAT] is traded in USA and was established 2021-06-08. The fund is listed under Technology category and is part of iShares family. Ishares Trust currently have 6.15 M in assets under management (AUM). , while the total return for the last year was 26.1%.
Check Ishares Trust 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 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.
Top Ishares Trust Etf Constituents
| ADI | Analog Devices | Stock | Information Technology |
| ANET | Arista Networks | Stock | Information Technology |
| AVGO | Broadcom | Stock | Information Technology |
| CDNS | Cadence Design Systems | Stock | Information Technology |
| CTXS | Citrix Systems | Stock | Software—Application |
| DBX | Dropbox | Stock | Information Technology |
| FTNT | Fortinet | Stock | Information Technology |
Ishares Trust Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Ishares Trust jumping above the current price in 90 days from now is about 86.52%. The Ishares Trust probability density function shows the probability of Ishares Trust 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 1.3439. This usually indicates 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 Trust will likely underperform. Additionally, ishares Trust 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 Trust to move above the current price in 90 days from now is about 86.52 (This Ishares Trust probability density function shows the probability of Ishares Etf to fall within a particular range of prices over 90 days) .
Ishares Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ishares Trust market risk premium is the additional return an investor will receive from holding Ishares Trust 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 Trust. 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 Trust's alpha and beta are two of the key measurements used to evaluate Ishares Trust's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0063 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.07) |
Ishares Trust Against Markets
Picking the right benchmark for Ishares Trust 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 Trust 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 Trust is critical whether you are bullish or bearish towards Ishares Trust at a given time. Please also check how Ishares Trust'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 Trust 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 Trust, 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 Trust. To buy Ishares Trust etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ishares Trust. 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 Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ishares 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 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 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 Trust guide.
Already Invested in Ishares Trust ?
The danger of trading Ishares 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 Trust 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 Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ishares 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 Trust is a strong investment it is important to analyze Ishares Trust'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 Trust's future performance. For an informed investment choice regarding Ishares Etf, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ishares 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 nation. For more information on how to buy Ishares Etf please use our How to Invest in Ishares Trust guide.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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of Ishares 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 Trust's value that differs from its market value or its book value, called intrinsic value, which is Ishares Trust'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 Trust's market value can be influenced by many factors that don't directly affect Ishares Trust'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 Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ishares Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ishares Trust'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.