IDLB Etf Performance

Etfs . USA . 
Etf . IDLB
IDLB Etf  USD 24.08  0.00  0.00%   
The etf retains a Market Volatility (i.e., Beta) of 0.022, which attests to not very significant fluctuations relative to the market. Let's try to break down what IDLB's beta means in this case. As returns on the market increase, IDLB returns are expected to increase less than the market. However, during the bear market, the loss on holding IDLB will be expected to be smaller as well. Even though it is essential to pay attention to IDLB current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. IDLB exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  

IDLB Performance

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Over the last 90 days IDLB has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong essential indicators, IDLB is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Fifty Two Week Low20.67
Fifty Two Week High30.25

IDLB Relative Risk vs. Return Landscape

If you would invest  2,461  in IDLB on March 1, 2023 and sell it today you would lose (53.00)  from holding IDLB or give up 2.15% of portfolio value over 90 days. IDLB is currently does not generate positive expected returns and assumes 0.7635% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than IDLB, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days IDLB is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.19 times less risky than the market. the firm trades about -0.1 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.04 of returns per unit of risk over similar time horizon.

IDLB Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for IDLB's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IDLB, and traders can use it to determine the average amount a IDLB'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 = -0.0981

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Negative ReturnsIDLB

Estimated Market Risk

 0.76
  actual daily
 6 
94% of assets are more volatile
66

Expected Return

 -0.07
  actual daily
 0 
Most of other assets have higher returns
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Risk-Adjusted Return

 -0.1
  actual daily
 0 
Most of other assets perform better
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Based on monthly moving average IDLB is performing at about 0% 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 IDLB by adding it to a well-diversified portfolio.

IDLB Fundamentals Growth

IDLB Etf prices reflect investors' perceptions of the future prospects and financial health of IDLB, and IDLB 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 IDLB Etf performance.
Price to Earning16.39 X
Price to Book1.49 X
Price to Sales0.93 X
Total Asset4.22 M

About IDLB Performance

To evaluate IDLB 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 IDLB 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 IDLB 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 IDLB market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IDLB'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 fund generally will invest at least 90 percent of its total assets in the securities that comprise the underlying index. FTSE Intl is traded on NASDAQ Exchange in the United States.

Things to note about IDLB performance evaluation

Checking the ongoing alerts about IDLB for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for IDLB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
IDLB is not yet fully synchronised with the market data
IDLB generated a negative expected return over the last 90 days
IDLB is unlikely to experience financial distress in the next 2 years
IDLB created five year return of -3.0%
This fund retains 99.55% of its assets under management (AUM) in equities
Evaluating IDLB's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate IDLB's etf performance include:
  • Analyzing IDLB's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether IDLB's stock is overvalued or undervalued compared to its peers.
  • Examining IDLB's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating IDLB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IDLB's management team can help you assess the ETF's leadership.
  • Pay attention to analyst opinions and ratings of IDLB's etf. These opinions can provide insight into IDLB's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating IDLB's etf performance is not an exact science, and many factors can impact IDLB's etf market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. You can also try Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for IDLB Etf analysis

When running IDLB's price analysis, check to measure IDLB'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 IDLB is operating at the current time. Most of IDLB's value examination focuses on studying past and present price action to predict the probability of IDLB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDLB's price. Additionally, you may evaluate how the addition of IDLB to your portfolios can decrease your overall portfolio volatility.
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The market value of IDLB is measured differently than its book value, which is the value of IDLB that is recorded on the company's balance sheet. Investors also form their own opinion of IDLB's value that differs from its market value or its book value, called intrinsic value, which is IDLB'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 IDLB's market value can be influenced by many factors that don't directly affect IDLB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between IDLB's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDLB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDLB'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. Check out Risk vs Return Analysis to better understand how to build diversified portfolios.
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