TIP Stock Summary and Trading Ideas (iShares Tips Bond ETF | ARCA:TIP)

The Fund seeks to track the investment results of the ICE U.S. Treasury Inflation Linked Bond Index (the "Underlying Index"), which tracks the performance of inflation-protected public obligations of the U.S. Treasury, commonly known as "TIPS," that have a remaining maturity of more than one year. TIPS are securities issued by the U.S. Treasury that are designed to provide inflation protection to investors. TIPS are income generating instruments whose interest and principal payments are adjusted for inflation a sustained increase in prices that erodes the purchasing power of money.

iShares Tips Bond ETF trades on the ARCA stock market under the symbol TIP.

As of April 18, 2024, TIP stock price declined to $105.55 with 1,203,184 million shares trading.

TIP has a beta of 0.21, meaning it tends to be less sensitive to market movements. TIP has a correlation of 0.21 to the broad based SPY ETF.

TIP has a market cap of $18.46 billion. This is considered a Large Cap stock.

In the last 3 years, TIP stock traded as high as $131.37 and as low as $101.74.

TIP has underperformed the market in the last year with a return of -0.8%, while the SPY ETF gained +22.2%. In the last 3 month period, TIP fell short of the market, returning -1.2%, while SPY returned +6.0%. However, in the most recent 2 weeks TIP has outperformed the stock market by returning -1.1%, while SPY returned -3.9%.

TIP support price is $105.39 and resistance is $106.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TIP stock will trade within this expected range on the day.