Ishares Mutual Fund Market Value

BDBPX -  USA Fund  

USD 20.59  0.61  3.05%

Ishares Russell's market value is the price at which a share of Ishares Russell stock trades on a public exchange. It measures the collective expectations of Ishares Russell 2000 investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Ishares Russell 2000 and determine expected loss or profit from investing in Ishares Russell over a given investment horizon. Continue to Ishares Russell Hype Analysis, Ishares Russell Correlation, Portfolio Optimization, Ishares Russell Volatility, as well as analyze Ishares Russell Alpha and Beta and Ishares Russell Performance.
Symbol
Backtest

Please note, there is a significant difference between Ishares Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine Ishares Russell value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ishares Russell'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.

Ishares Russell 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ishares Russell's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ishares Russell.
0.00
05/26/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
05/16/2022
0.00
If you would invest  0.00  in Ishares Russell on May 26, 2020 and sell it all today you would earn a total of 0.00 from holding Ishares Russell 2000 or generate 0.0% return on investment in Ishares Russell over 720 days. Ishares Russell is related to or competes with T Rowe, T Rowe, and T Rowe. The investment seeks to match the performance of the Russell 2000 Index as closely as possible before the deduction of f...

Ishares Russell Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ishares Russell's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ishares Russell 2000 upside and downside potential and time the market with a certain degree of confidence.

Ishares Russell Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ishares Russell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ishares Russell's standard deviation. In reality, there are many statistical measures that can use Ishares Russell historical prices to predict the future Ishares Russell's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ishares Russell's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Ishares Russell in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
18.7420.5922.44
Details
Intrinsic
Valuation
LowReal ValueHigh
19.1220.9722.82
Details
Naive
Forecast
LowNext ValueHigh
18.2320.0821.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.4921.6023.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ishares Russell. Your research has to be compared to or analyzed against Ishares Russell's peers to derive any actionable benefits. When done correctly, Ishares Russell's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ishares Russell 2000.

Ishares Russell 2000 Backtested Returns

Ishares Russell 2000 holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had -0.12% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Ishares Russell 2000 exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Ishares Russell market risk adjusted performance of (0.16), and Risk Adjusted Performance of (0.14) to validate the risk estimate we provide.
The fund retains a Market Volatility (i.e., Beta) of 1.2459, which attests to a somewhat significant risk relative to the market. Let's try to break down what Ishares's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ishares Russell will likely underperform. Even though it is essential to pay attention to Ishares Russell 2000 current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ishares Russell 2000 exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.76  

Almost perfect reverse predictability

Ishares Russell 2000 has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Ishares Russell time series from 26th of May 2020 to 21st of May 2021 and 21st of May 2021 to 16th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ishares Russell 2000 price movement. The serial correlation of -0.76 indicates that around 76.0% of current Ishares Russell price fluctuation can be explain by its past prices.
Correlation Coefficient-0.76
Spearman Rank Test-0.7
Residual Average0.0
Price Variance2.71

Ishares Russell 2000 lagged returns against current returns

Autocorrelation, which is Ishares Russell mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ishares Russell's mutual fund expected returns. We can calculate the autocorrelation of Ishares Russell returns to help us make a trade decision. For example, suppose you find that Ishares Russell mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Ishares Russell regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ishares Russell mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ishares Russell mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ishares Russell mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

Ishares Russell Lagged Returns

When evaluating Ishares Russell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ishares Russell mutual fund have on its future price. Ishares Russell autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ishares Russell autocorrelation shows the relationship between Ishares Russell mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ishares Russell 2000.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ishares Russell without increasing your portfolio risk or giving up 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.

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Pair Trading with Ishares Russell

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 Russell 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 Russell will appreciate offsetting losses from the drop in the long position's value.

Ishares Russell Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Ishares Russell 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 Russell 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 Russell - 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 Russell 2000 to buy it.
The correlation of Ishares Russell is a statistical measure of how it moves in relation to other equities. 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 Russell moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ishares Russell 2000 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 Russell 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.
Pair CorrelationCorrelation Matching
Continue to Ishares Russell Hype Analysis, Ishares Russell Correlation, Portfolio Optimization, Ishares Russell Volatility, as well as analyze Ishares Russell Alpha and Beta and Ishares Russell Performance. Note that the Ishares Russell 2000 information on this page should be used as a complementary analysis to other Ishares Russell'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Ishares Mutual Fund analysis

When running Ishares Russell 2000 price analysis, check to measure Ishares Russell'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 Russell is operating at the current time. Most of Ishares Russell's value examination focuses on studying past and present price action to predict the probability of Ishares Russell's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ishares Russell's price. Additionally, you may evaluate how the addition of Ishares Russell to your portfolios can decrease your overall portfolio volatility.
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Ishares Russell technical mutual fund 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, stock market cycles, or different charting patterns.
A focus of Ishares Russell technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ishares Russell trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...