Ishares Silver Trust Etf Net Asset
| SLV Etf | USD 29.49 0.73 2.42% |
Fundamental analysis of IShares Silver allows traders to better anticipate movements in IShares Silver's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. iShares Silver Trust ETF Net Asset Analysis
IShares Silver's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current IShares Silver Net Asset | 9.14 B |
Most of IShares Silver's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares Silver Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, iShares Silver Trust has a Net Asset of 9.14 B. This is 7.6% higher than that of the iShares family and significantly higher than that of the Commodities Focused category. The net asset for all United States etfs is significantly lower than that of the firm.
IShares Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares Silver's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares Silver could also be used in its relative valuation, which is a method of valuing IShares Silver by comparing valuation metrics of similar companies.IShares Silver is currently under evaluation in net asset as compared to similar ETFs.
IShares Fundamentals
| Price To Earning | 2.37 X | |||
| Earnings Per Share | 1.91 X | |||
| Beta | 0.61 | |||
| Market Capitalization | 6.73 B | |||
| Total Asset | 9.14 B | |||
| One Year Return | 21.70 % | |||
| Three Year Return | 12.30 % | |||
| Five Year Return | 16.10 % | |||
| Ten Year Return | 6.40 % | |||
| Net Asset | 9.14 B |
About IShares Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Silver Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Silver Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out IShares Silver Piotroski F Score and IShares Silver Altman Z Score analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of iShares Silver Trust 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 Silver's value that differs from its market value or its book value, called intrinsic value, which is IShares Silver'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 Silver's market value can be influenced by many factors that don't directly affect IShares Silver'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 Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Silver'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.