IShares Ibovespa (Brazil) Market Value
| BOVA11 Etf | BRL 138.13 0.21 0.15% |
| Symbol | IShares |
Please note, there is a significant difference between IShares Ibovespa's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Ibovespa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Ibovespa'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.
IShares Ibovespa 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares Ibovespa's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares Ibovespa.
| 04/07/2025 |
| 07/06/2025 |
If you would invest 0.00 in IShares Ibovespa on April 7, 2025 and sell it all today you would earn a total of 0.00 from holding iShares Ibovespa Index or generate 0.0% return on investment in IShares Ibovespa over 90 days. iShares Ibovespa Index Fund is an exchange traded fund launched and managed by BlackRock Brasil Gestora de Investimentos... More
IShares Ibovespa Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares Ibovespa's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares Ibovespa Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7161 | |||
| Information Ratio | 0.094 | |||
| Maximum Drawdown | 4.54 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.66 |
IShares Ibovespa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Ibovespa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Ibovespa's standard deviation. In reality, there are many statistical measures that can use IShares Ibovespa historical prices to predict the future IShares Ibovespa's volatility.| Risk Adjusted Performance | 0.3512 | |||
| Jensen Alpha | 0.1881 | |||
| Total Risk Alpha | 0.1296 | |||
| Sortino Ratio | 0.1158 | |||
| Treynor Ratio | (5.43) |
iShares Ibovespa Index Backtested Returns
At this point, IShares Ibovespa is very steady. iShares Ibovespa Index holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22 % return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Ibovespa Index, which you can use to evaluate the volatility of the entity. Please check out IShares Ibovespa's Risk Adjusted Performance of 0.3512, market risk adjusted performance of (5.42), and Downside Deviation of 0.7161 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. The etf retains a Market Volatility (i.e., Beta) of -0.034, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Ibovespa are expected to decrease at a much lower rate. During the bear market, IShares Ibovespa is likely to outperform the market.
Auto-correlation | 0.08 |
Virtually no predictability
iShares Ibovespa Index has virtually no predictability. Overlapping area represents the amount of predictability between IShares Ibovespa time series from 7th of April 2025 to 22nd of May 2025 and 22nd of May 2025 to 6th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares Ibovespa Index price movement. The serial correlation of 0.08 indicates that barely 8.0% of current IShares Ibovespa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1.91 |
iShares Ibovespa Index lagged returns against current returns
Autocorrelation, which is IShares Ibovespa etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares Ibovespa's etf expected returns. We can calculate the autocorrelation of IShares Ibovespa returns to help us make a trade decision. For example, suppose you find that IShares Ibovespa has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IShares Ibovespa regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares Ibovespa etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Ibovespa etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Ibovespa etf over time.
Current vs Lagged Prices |
| Timeline |
IShares Ibovespa Lagged Returns
When evaluating IShares Ibovespa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Ibovespa etf have on its future price. IShares Ibovespa autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares Ibovespa autocorrelation shows the relationship between IShares Ibovespa etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Ibovespa Index.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in IShares Etf
IShares Ibovespa financial ratios help investors to determine whether IShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IShares with respect to the benefits of owning IShares Ibovespa security.