Ishares Mortgage Real Etf Market Value
| REM Etf | USD 22.16 0.20 0.89% |
| Symbol | IShares |
The market value of iShares Mortgage Real 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 Mortgage's value that differs from its market value or its book value, called intrinsic value, which is IShares Mortgage'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 Mortgage's market value can be influenced by many factors that don't directly affect IShares Mortgage'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 Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Mortgage'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 Mortgage '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 Mortgage's etf 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 Mortgage.
| 11/02/2022 |
| 04/25/2024 |
If you would invest 0.00 in IShares Mortgage on November 2, 2022 and sell it all today you would earn a total of 0.00 from holding iShares Mortgage Real or generate 0.0% return on investment in IShares Mortgage over 540 days. IShares Mortgage is related to or competes with Vanguard FTSE, Vanguard High, Vanguard Total, Vanguard Total, and Vanguard Dividend. The fund generally will invest at least 80 percent of its assets in the component securities of its underlying index and... More
IShares Mortgage 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 Mortgage's etf 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 Mortgage Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 1.79 |
IShares Mortgage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Mortgage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Mortgage's standard deviation. In reality, there are many statistical measures that can use IShares Mortgage historical prices to predict the future IShares Mortgage's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IShares Mortgage'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.
iShares Mortgage Real Backtested Returns
iShares Mortgage Real holds Efficiency (Sharpe) Ratio of -0.0497, which attests that the entity had a -0.0497% return per unit of risk over the last 3 months. iShares Mortgage Real exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IShares Mortgage's Market Risk Adjusted Performance of (0.02), risk adjusted performance of (0.01), and Standard Deviation of 1.47 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 1.65, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IShares Mortgage will likely underperform.
Auto-correlation | -0.66 |
Very good reverse predictability
iShares Mortgage Real has very good reverse predictability. Overlapping area represents the amount of predictability between IShares Mortgage time series from 2nd of November 2022 to 30th of July 2023 and 30th of July 2023 to 25th of April 2024. 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 Mortgage Real price movement. The serial correlation of -0.66 indicates that around 66.0% of current IShares Mortgage price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 1.39 |
iShares Mortgage Real lagged returns against current returns
Autocorrelation, which is IShares Mortgage etf'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 Mortgage's etf expected returns. We can calculate the autocorrelation of IShares Mortgage returns to help us make a trade decision. For example, suppose you find that IShares Mortgage has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IShares Mortgage 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 Mortgage etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Mortgage etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Mortgage etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Mortgage Lagged Returns
When evaluating IShares Mortgage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Mortgage etf have on its future price. IShares Mortgage 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 Mortgage autocorrelation shows the relationship between IShares Mortgage etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Mortgage Real.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IShares Mortgage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IShares Mortgage's short interest history, or implied volatility extrapolated from IShares Mortgage options trading.
Currently Active Assets on Macroaxis
When determining whether iShares Mortgage Real is a strong investment it is important to analyze IShares Mortgage'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 Mortgage's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out IShares Mortgage Correlation, IShares Mortgage Volatility and IShares Mortgage Alpha and Beta module to complement your research on IShares Mortgage. Note that the iShares Mortgage Real information on this page should be used as a complementary analysis to other IShares Mortgage'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 Transaction History module to view history of all your transactions and understand their impact on performance.
IShares Mortgage 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.