Ishares Gsci Commodity Etf Price on April 26, 2024
| COMT Etf | USD 27.04 0.19 0.70% |
Below is the normalized historical share price chart for iShares GSCI Commodity extending back to October 16, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IShares GSCI stands at 27.04, as last reported on the 2nd of June, with the highest price reaching 27.34 and the lowest price hitting 26.96 during the day.
If you're considering investing in IShares Etf, it is important to understand the factors that can impact its price. We consider IShares GSCI very steady. iShares GSCI Commodity holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares GSCI Commodity, which you can use to evaluate the volatility of the entity. Please check out IShares GSCI's Downside Deviation of 0.7711, risk adjusted performance of 0.0743, and Market Risk Adjusted Performance of 0.5334 to validate if the risk estimate we provide is consistent with the expected return of 0.0753%.
IShares Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.05 | 200 Day MA 27.1414 | 1 y Volatility 13.52 | 50 Day MA 27.3462 | Inception Date 2014-10-15 |
IShares |
Sharpe Ratio = 0.1042
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| Cash | COMT | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average IShares GSCI is performing at about 8% 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 IShares GSCI by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 6.1 K | Market Capitalisation {Big=4.09766, Small=0, Mega=0, Medium=0, Micro=0} |
IShares GSCI Valuation on April 26, 2024
It is possible to determine the worth of IShares GSCI on a given historical date. On April 26, 2024 IShares was worth 27.93 at the beginning of the trading date compared to the closed value of 27.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IShares GSCI etf. Still, in general, we apply an absolute valuation method to find IShares GSCI's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IShares GSCI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IShares GSCI's related companies.
| Open | High | Low | Close | Volume | |
| 27.57 | 27.82 | 27.52 | 27.81 | 1,434,252 | |
04/26/2024 | 27.93 | 27.93 | 27.75 | 27.82 | 47,813 |
| 27.83 | 27.86 | 27.66 | 27.69 | 1,855,875 |
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IShares GSCI Trading Date Momentum on April 26, 2024
| On April 29 2024 iShares GSCI Commodity was traded for 27.69 at the closing time. The top price for the day was 27.86 and the lowest listed price was 27.66 . The trading volume for the day was 1.9 M. The trading history from April 29, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.47% . The trading date delta against the current closing price is 3.02% . |
iShares GSCI Commodity Fundamentals Correlations and Trends
By evaluating IShares GSCI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IShares GSCI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IShares financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IShares GSCI Etf history
IShares GSCI investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IShares is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in iShares GSCI Commodity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IShares GSCI stock prices may prove useful in developing a viable investing in IShares GSCI
In seeking to achieve its investment objective, the fund may invest in a combination of exchange-traded commodity futures contracts, exchange-traded options on commodity-related futures contracts and exchange-cleared commodity related swaps , thereby obtaining exposure to the commodities markets. Commodities Select is traded on NASDAQ Exchange in the United States.
IShares GSCI Etf Technical Analysis
IShares GSCI 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.
Price Boundaries
IShares GSCI Period Price Range
Low | April 26, 2024
| High |
27.93 | 27.82 |
IShares GSCI June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how IShares GSCI 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 GSCI shares will generate the highest return on investment. By undertsting and applying IShares GSCI etf market strength indicators, traders can identify iShares GSCI Commodity entry and exit signals to maximize returns
IShares GSCI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IShares GSCI's price direction in advance. Along with the technical and fundamental analysis of IShares Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IShares to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0743 | |||
| Jensen Alpha | 0.0687 | |||
| Total Risk Alpha | 0.0333 | |||
| Sortino Ratio | 0.0498 | |||
| Treynor Ratio | 0.5234 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares GSCI Commodity. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of iShares GSCI Commodity 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 GSCI's value that differs from its market value or its book value, called intrinsic value, which is IShares GSCI'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 GSCI's market value can be influenced by many factors that don't directly affect IShares GSCI'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 GSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares GSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares GSCI'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.