Ishares North American Etf Technical Analysis
| IGE Etf | USD 46.07 0.60 1.32% |
As of the 17th of May 2024, IShares North retains the Market Risk Adjusted Performance of 20.28, downside deviation of 0.9215, and Risk Adjusted Performance of 0.1487. IShares North technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for iShares North American, which can be compared to its competitors. Please check out iShares North American standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if IShares North is priced fairly, providing market reflects its last-minute price of 46.07 per share.
IShares North Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ISharesIShares |
IShares North 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.
iShares North American Technical Analysis
The output start index for this execution was fourty-eight with a total number of output elements of thirteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of iShares North American volatility. High ATR values indicate high volatility, and low values indicate low volatility.
iShares North American Trend Analysis
Use this graph to draw trend lines for iShares North American. You can use it to identify possible trend reversals for IShares North as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual IShares North price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IShares North Best Fit Change Line
The following chart estimates an ordinary least squares regression model for iShares North American applied against its price change over selected period. The best fit line has a slop of 0.08 , which may imply that iShares North American will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 271.14, which is the sum of squared deviations for the predicted IShares North price change compared to its average price change.About IShares North Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of iShares North American on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of iShares North American based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on iShares North American price pattern first instead of the macroeconomic environment surrounding iShares North American. By analyzing IShares North's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of IShares North's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to IShares North specific price patterns or momentum indicators. Please read more on our technical analysis page.
IShares North May 17, 2024 Technical Indicators
Most technical analysis of IShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for IShares from various momentum indicators to cycle indicators. When you analyze IShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1487 | |||
| Market Risk Adjusted Performance | 20.28 | |||
| Mean Deviation | 0.6384 | |||
| Semi Deviation | 0.6779 | |||
| Downside Deviation | 0.9215 | |||
| Coefficient Of Variation | 409.3 | |||
| Standard Deviation | 0.8788 | |||
| Variance | 0.7723 | |||
| Information Ratio | 0.1205 | |||
| Jensen Alpha | 0.2037 | |||
| Total Risk Alpha | 0.0589 | |||
| Sortino Ratio | 0.1149 | |||
| Treynor Ratio | 20.27 | |||
| Maximum Drawdown | 5.93 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.45 | |||
| Downside Variance | 0.8491 | |||
| Semi Variance | 0.4596 | |||
| Expected Short fall | (0.73) | |||
| Skewness | (0.64) | |||
| Kurtosis | 3.06 |
iShares North American One Year Return
Based on the recorded statements, iShares North American has an One Year Return of 23.2%. This is 282.21% higher than that of the iShares family and significantly higher than that of the Natural Resources category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares North American. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the iShares North American information on this page should be used as a complementary analysis to other IShares North'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of iShares North American 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 North's value that differs from its market value or its book value, called intrinsic value, which is IShares North'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 North's market value can be influenced by many factors that don't directly affect IShares North'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 North's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares North'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.