Ishares Breakthrough Environmental Etf Performance
| ETEC Etf | USD 21.37 0.46 2.20% |
The etf retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and IShares Breakthrough are completely uncorrelated.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in iShares Breakthrough Environmental are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, IShares Breakthrough is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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2 | Investment Analysis - Stock Traders Daily | 04/17/2024 |
IShares |
IShares Breakthrough Relative Risk vs. Return Landscape
If you would invest 2,033 in iShares Breakthrough Environmental on February 1, 2024 and sell it today you would earn a total of 104.00 from holding iShares Breakthrough Environmental or generate 5.12% return on investment over 90 days. iShares Breakthrough Environmental is currently generating 0.0905% in daily expected returns and assumes 1.4239% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than IShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
IShares Breakthrough Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Breakthrough's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Breakthrough Environmental, and traders can use it to determine the average amount a IShares Breakthrough's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0635
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| Cash | Small Risk | ETEC | High Risk | Huge Risk |
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average IShares Breakthrough is performing at about 4% 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 Breakthrough by adding it to a well-diversified portfolio.
IShares Breakthrough Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Breakthrough, and IShares Breakthrough fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Return On Equity | -208.87 | |||
| Return On Asset | -0.08 | |||
| Profit Margin | (5.83) % | |||
| Operating Margin | (0.04) % | |||
| Current Valuation | 27.29 M | |||
| Shares Outstanding | 18.2 M | |||
| Price To Earning | (0.50) X | |||
| Price To Book | 24.42 X | |||
| Price To Sales | 0.12 X | |||
| Revenue | 204.89 M | |||
| EBITDA | 4.58 M | |||
| Cash And Equivalents | 499 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 25.25 M | |||
| Debt To Equity | 43.58 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | 1.58 M | |||
| Earnings Per Share | (0.70) X | |||
| Total Asset | 63.7 M | |||
| Retained Earnings | (15.52 M) | |||
| Current Asset | 33.89 M | |||
| Current Liabilities | 42.17 M |
About IShares Breakthrough Performance
To evaluate iShares Breakthrough Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IShares Breakthrough generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand iShares Breakthrough market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Emtec, Inc. provides industry-specific transformative digital solutions in the United States, Canada, and India. Emtec, Inc. was founded in 2001 and is headquartered in Radnor, Pennsylvania. ETEC SYSTEMS operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 733 people.| The company currently holds 25.25 M in liabilities with Debt to Equity (D/E) ratio of 43.58, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. iShares Breakthrough has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist IShares Breakthrough until it has trouble settling it off, either with new capital or with free cash flow. So, IShares Breakthrough's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like iShares Breakthrough sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IShares to invest in growth at high rates of return. When we think about IShares Breakthrough's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 204.89 M. Net Loss for the year was (11.94 M) with profit before overhead, payroll, taxes, and interest of 38.02 M. | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares Breakthrough Environmental. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the iShares Breakthrough information on this page should be used as a complementary analysis to other IShares Breakthrough'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 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 Breakthrough's value that differs from its market value or its book value, called intrinsic value, which is IShares Breakthrough'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 Breakthrough's market value can be influenced by many factors that don't directly affect IShares Breakthrough'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 Breakthrough's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Breakthrough is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Breakthrough'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.