USA Quality Etf Profile

QUAL -  USA Etf  

USD 115.38  1.04  0.89%

Market Performance
0 of 100
Odds Of Distress
Less than 2
USA Quality is selling for 115.38 as of the 20th of May 2022. This is a -0.89 percent decrease since the beginning of the trading day. The etf's lowest day price was 114.75. USA Quality has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for USA Quality Factor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of May 2021 and ending today, the 20th of May 2022. Click here to learn more.
The investment seeks to track the investment results of the MSCI USA Sector Neutral Quality Index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. USA Quality is traded on NYSEArca Exchange in the United States.. More on USA Quality Factor

USA Quality Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. USA Quality's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding USA Quality or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
USA Quality Factor generated a negative expected return over the last 90 days
USA Quality Factor is unlikely to experience financial distress in the next 2 years
The fund maintains 99.54% of its assets in stocks
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of USA Quality's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
IssueriShares
DescriptioniShares Edge MSCI USA Quality Factor ETF
Inception Date2013-07-16
BenchmarkMSCI USA Sector Neutral Quality Index
Entity TypeRegulated Investment Company
Asset Under Management21.11 Billion
Average Trading Valume1.93 Million
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Portfolio ManagerDiane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeCboe BZX Exchange, Inc.
Number of Constituents128
Market MakerVirtu Financial
Total Expense0.15
Management Fee0.15
Nav Price144.29
Two Hundred Day Average135.97
Ytd22.45%
Average Daily Volume In Three Month1.66M
Fifty Two Week Low115.2
As Of Date31st of August 2021
Average Daily Volume Last 10 Day2.45M
Fifty Two Week High146.83
One Month2.83%
Fifty Day Average128.65
Three Month9.88%
USA Quality Factor [QUAL] is traded in USA and was established 2013-07-16. The fund is listed under Large Blend category and is part of iShares family. USA Quality Factor at this time have 25.53 B in assets. , while the total return for the last 3 years was 18.31%.
Check USA Quality Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on USA Quality Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding USA Quality , and the less return is expected.

Top USA Quality Factor Constituents

USA Quality Target Price Odds Analysis

What are USA Quality's target price odds to finish over the current price? Based on a normal probability distribution, the odds of USA Quality jumping above the current price in 90 days from now is close to 99%. The USA Quality Factor probability density function shows the probability of USA Quality etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days USA Quality Factor has a beta of -0.0546 indicating as returns on benchmark increase, returns on holding USA Quality are expected to decrease at a much lower rate. During the bear market, however, USA Quality Factor is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. USA Quality Factor is significantly underperforming DOW.
  Odds Below 115.38HorizonTargetOdds Above 115.38
0.57%90 days
 115.38 
99.42%
Based on a normal probability distribution, the odds of USA Quality to move above the current price in 90 days from now is close to 99 (This USA Quality Factor probability density function shows the probability of USA Quality Etf to fall within a particular range of prices over 90 days) .

USA Quality Top Holders

USA Quality Factor Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. USA Quality market risk premium is the additional return an investor will receive from holding USA Quality 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 USA Quality. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although USA Quality's alpha and beta are two of the key measurements used to evaluate USA Quality's performance over the market, the standard measures of volatility play an important role as well.

USA Quality Factor Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. USA Quality Factor Sine Of Price Series is a trigonometric price transformation method.
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USA Quality Against Markets

Picking the right benchmark for USA Quality etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in USA Quality etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for USA Quality is critical whether you are bullish or bearish towards USA Quality Factor at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in USA Quality without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing USA Quality Factor

You need to understand the risk of investing before taking a position in USA Quality. The danger of trading USA Quality Factor is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of USA Quality is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than USA Quality. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile USA Quality Factor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Your Equity Center. Note that the USA Quality Factor information on this page should be used as a complementary analysis to other USA Quality'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for USA Quality Etf analysis

When running USA Quality Factor price analysis, check to measure USA Quality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy USA Quality is operating at the current time. Most of USA Quality's value examination focuses on studying past and present price action to predict the probability of USA Quality's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move USA Quality's price. Additionally, you may evaluate how the addition of USA Quality to your portfolios can decrease your overall portfolio volatility.
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The market value of USA Quality Factor is measured differently than its book value, which is the value of USA Quality that is recorded on the company's balance sheet. Investors also form their own opinion of USA Quality's value that differs from its market value or its book value, called intrinsic value, which is USA Quality'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 USA Quality's market value can be influenced by many factors that don't directly affect USA Quality'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 USA Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine USA Quality value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USA Quality'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.