Ishares Convertible Bond Etf Alpha and Beta Analysis

ICVT Etf  USD 78.09  0.05  0.06%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as iShares Convertible Bond. It also helps investors analyze the systematic and unsystematic risks associated with investing in IShares Convertible over a specified time horizon. Remember, high IShares Convertible's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to IShares Convertible's market risk premium analysis include:
Beta
0.49
Alpha
(0)
Risk
0.49
Sharpe Ratio
(0.04)
Expected Return
(0.02)
Please note that although IShares Convertible alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, IShares Convertible did worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of iShares Convertible Bond etf's relative risk over its benchmark. iShares Convertible Bond has a beta of 0.49  . As returns on the market increase, IShares Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Convertible is expected to be smaller as well. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out IShares Convertible Backtesting, Portfolio Optimization, IShares Convertible Correlation, IShares Convertible Hype Analysis, IShares Convertible Volatility, IShares Convertible History and analyze IShares Convertible Performance.

IShares Convertible Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. IShares Convertible market risk premium is the additional return an investor will receive from holding IShares Convertible long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Convertible. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate IShares Convertible's performance over market.
α-0.0026   β0.49

IShares Convertible expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of IShares Convertible's Buy-and-hold return. Our buy-and-hold chart shows how IShares Convertible performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

IShares Convertible Market Price Analysis

Market price analysis indicators help investors to evaluate how IShares Convertible etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IShares Convertible shares will generate the highest return on investment. By understating and applying IShares Convertible etf market price indicators, traders can identify IShares Convertible position entry and exit signals to maximize returns.

IShares Convertible Return and Market Media

The median price of IShares Convertible for the period between Sun, Mar 24, 2024 and Sat, Jun 22, 2024 is 78.25 with a coefficient of variation of 1.13. The daily time series for the period is distributed with a sample standard deviation of 0.88, arithmetic mean of 78.1, and mean deviation of 0.67. The Etf received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Trading Signals - Stock Traders Daily
03/27/2024
2
JB Capital LLC Cuts Stock Holdings in iShares Convertible Bond ETF - Defense World
04/03/2024
3
iShares Convertible Bond ETF declares monthly distribution of 0.1408
05/02/2024
4
ICVT A Convertible Bond Fund For Those Unsure What Comes Next - Seeking Alpha
06/03/2024
5
iShares Convertible Bond ETF declares monthly distribution of 0.1539
06/07/2024

About IShares Convertible Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including IShares or other etfs. Alpha measures the amount that position in iShares Convertible Bond has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
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 Convertible 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 Convertible's short interest history, or implied volatility extrapolated from IShares Convertible options trading.

Build Portfolio with IShares Convertible

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Information and Resources on Investing in IShares Etf

When determining whether iShares Convertible Bond is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Convertible Bond Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Convertible Bond Etf:
Check out IShares Convertible Backtesting, Portfolio Optimization, IShares Convertible Correlation, IShares Convertible Hype Analysis, IShares Convertible Volatility, IShares Convertible History and analyze IShares Convertible Performance.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
IShares Convertible 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.
A focus of IShares Convertible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IShares Convertible 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...