Ishares Iboxx High Etf Performance
| HYG Etf | USD 75.98 0.14 0.18% |
The etf retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IShares IBoxx's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares IBoxx is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days iShares iBoxx High has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, IShares IBoxx is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
1 | Technical Data - Stock Traders Daily | 01/30/2024 |
2 | Stocks Rally On February 6, 2024, Even As Regional Banks Drop | 02/07/2024 |
3 | One Capital Management LLC Has 4.37 Million Holdings in iShares iBoxx High Yield Corporate Bond ETF | 02/13/2024 |
4 | How the price action is used to our Advantage - Stock Traders Daily.com | 02/20/2024 |
5 | HYG Mind The Gap Between Defaults And Credit Spreads - Seeking Alpha | 03/20/2024 |
6 | 5 Billion Sell Imbalance Sinks Stocks On March 26, 2024 | 03/27/2024 |
7 | Stocks Plunge As Rates And Dollar Rip Following Hot Retail Sales | 04/15/2024 |
| In Threey Sharp Ratio | -0.13 |
IShares |
IShares IBoxx Relative Risk vs. Return Landscape
If you would invest 7,589 in iShares iBoxx High on January 24, 2024 and sell it today you would earn a total of 9.00 from holding iShares iBoxx High or generate 0.12% return on investment over 90 days. iShares iBoxx High is generating 0.0024% of daily returns assuming volatility of 0.3137% on return distribution over 90 days investment horizon. In other words, 2% of etfs are less volatile than IShares, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IShares IBoxx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares IBoxx's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares iBoxx High, and traders can use it to determine the average amount a IShares IBoxx'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 = 0.0076
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| Negative Returns | HYG |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IShares IBoxx is not performing at its full potential. However, 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 IBoxx by adding IShares IBoxx to a well-diversified portfolio.
IShares IBoxx Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares IBoxx, and IShares IBoxx 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.
| Price To Earning | 7.87 X | |||
| Total Asset | 12.13 B | |||
About IShares IBoxx Performance
To evaluate iShares iBoxx High 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 IBoxx 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 iBoxx High 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.The underlying index is a rules-based index consisting of U.S. dollar-denominated, high yield corporate bonds for sale in the U.S. High Yield is traded on NYSEARCA Exchange in the United States.| Latest headline from talkmarkets.com: Stocks Plunge As Rates And Dollar Rip Following Hot Retail Sales | |
| The fund retains about 14.02% of its assets under management (AUM) in fixed income securities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares iBoxx High. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of iShares iBoxx High 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 IBoxx's value that differs from its market value or its book value, called intrinsic value, which is IShares IBoxx'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 IBoxx's market value can be influenced by many factors that don't directly affect IShares IBoxx'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 IBoxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares IBoxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares IBoxx'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.