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The Screen · ETF

iShares Global Timber & Forestry ETF

WOOD · NASDAQ

Not yet scored

66.29

Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 8 days ago

Screened 2026-10-23 · the tape above runs as of 20:22 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed

Key facts today

Price66.29 at the 23 Oct 2026 close
Our ratingAvoid, current read markdown
Ethical screenNot yet scored
OptionsOpen interest leans to puts (put/call 3.20)
Last reviewed23 Oct 2026 (8 days ago)

A summary of the dated readings below, not a live quote and not advice.

PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y

What this means: price 66.29 against the desk's fair-value range, over the last year.

Current read

Markdown ?

AVOID · screened 2026-10-23

Trend Markdown
Insiders no filings inside 60 days, left as found
Positioning no disclosures inside 60 days, left as found
Options put/call open interest 3.20, read 2026-10-25
Ethical screen not yet scored

Price66.29

RatingAVOID

Our investment reviews on this name

2026-09-17Read Markdown66.60-0.5% to today ✓Markup gives way to Markdown with volume flow in agreement

2026-08-18Read Markup66.60-0.5% to today Distribution gives way to Markup

2026-07-02Read Distribution66.60-0.5% to today ✓First review on file: Distribution

Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.

Daily reads →Latest news →The method →Compare →

The full research record, in depth, below

The Label · The Season, Not the Day

This name holds its markdown label.

iShares Global Timber & Forestry ETF holds its Markdown at $66.29. The statistical read favours the sellers, held for 21 days.

As held on the ledger · 2026-10-23
Phase	Markdown · caution
Quantitative state	The statistical read favours the sellers, held for 21 days
Price at the screen	$66.29
Valuation	0.00 trailing · 0.00 forward price to earnings
Values screen	Not scored

The Workings

Five Screens, Shown in Full

This security has not been fully scored against the values screen yet.

Test	Figure	Limit	What it means	Status
Business activity	Permissible	Core business clean	Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.	Pass
Receivables	0.00%	Below 49%	Money owed to the company is 0.0% of assets, under the 49% limit.	Pass

Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.

The Ethical Read

The Read, in Plain English

iShares Global Timber & Forestry ETF clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.

Read as at 2026-10-30. It updates when the underlying figures move, and past reads are kept below.

What the Numbers Say It Is Worth

The Fair Value Range

Our analysis reads AVOID

Price History & Projections

Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-23 screen.

Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.

The Business, in Plain Words

Why it gives us pause

On our numbers, the price already runs ahead of the business.

The fundamentals · plain-English read
Forward P/E	0.0x
Trailing P/E	0.0x
Revenue growth	+0.0%revenue is shrinking
Profit margin	0.0%currently unprofitable

The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.

Plain-English interpretation of our own screen data. Analysis, not advice.

Where & How to Trade

WOOD trades on NASDAQ. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.

How This Name Scores

Hover or tap a segment

Select a segment to see its figure and the plain-English reason.

StrongFormingWeakQuietNot applicableNo data

Pale means near the threshold. Deep means far from it.

The values screen3 strong, 3 no data

The business1 forming, 1 weak, 2 no data

The market2 weak, 1 quiet, 1 not applicable

Values screen as of 23 Oct 2026 · Business figures as of 25 Oct 2026 · Market as of 27 Oct 2026

Each segment is one read of this name, drawn as found. Quiet (pale blue) means we looked and nothing was filed in 60 days: a real reading, scored neutral. Flat grey means the read does not apply to this name. Hatched grey means data we have not collected yet, never a guess.

Options Positioning

As of 25 Oct 2026 · 20 Nov expiry (26 days)

Spot66.29

Max pain71

Implied range to 20 Nov: 60.58 to 72.00

Put/call (OI)3.20Leaning puts

Implied vol (ATM)32.3%to 20 Nov

What it meansOptions price a move of about 8.6% either way by 20 Nov.

Positioning from listed options, as of 25 Oct. Context, not a signal. Not advice.

The Scores, As Computed

30.0Quality score
margins, returns, moat
33.0Valuation score
price against the range
28.2Combined
screen of 2026-10-23

The Trader Read

The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 5%. Entered 2026-10-26 · Markdown

The Dated Journal · Newest First, Never Edited

Every Entry, As Written

2026-10-26 Markdown $66.52 +0.0% Entry 8

2026-10-19 Markdown $66.52 -5.8% Entry 7

The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 5.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading oversold. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 5%.

2026-10-02 Markdown $70.62 +6.0% Entry 6

Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 6.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 5%.

2026-09-17 Markdown · changed $66.60 +0.0% Entry 5

The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 5%.

2026-08-18 Markup · changed $66.60 +0.0% Entry 4

The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 5%.

2026-07-18 Distribution $66.60 +0.0% Entry 3

Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are down 10%. Our forward projection puts the odds of a 10% gain over the next month near 5%.

2026-07-03 Distribution $66.60 +0.0% Entry 2

2026-07-02 Distribution $66.60 Entry 1

Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The Political Ledger · Congressional Disclosures

Disclosures naming WOOD
Date	Politician	Party	Type	Amount
2026-08-19	John Boozman	Republican	sell	15K–50K
2026-08-19	John Boozman	Republican	sell	15K–50K
2026-08-19	John Boozman	Republican	sell	15K–50K
2026-08-19	John Boozman	Republican	sell	15K–50K
2026-08-19	John Boozman	Republican	sell	15K–50K

What Holding Actually Paid · Price Plus Dividends

If $1,000 had been placed · historical, not a promise
Period	Price then	Price return	Divs per share	$1,000 became	Total return
1 month	$68.13	-3.4%	·	$966	-3.4%
2 months	$71.59	-8.0%	·	$920	-8.0%
3 months	$71.29	-7.6%	·	$924	-7.6%
6 months	$70.56	-6.7%	$1.06	$948	-5.2%
1 year	$73.54	-10.5%	$1.80	$920	-8.0%
2 years	$77.55	-15.1%	$3.40	$893	-10.7%
3 years	$68.43	-3.8%	$3.40	$1,012	+1.2%
5 years	$81.00	-18.7%	$6.65	$895	-10.5%

Historical returns from market close data. Past performance does not guarantee future results.

The Ledger's Promise

This entry now belongs to the ledger. Whatever WOOD does next, these words stay.

iShares Global Timber & Forestry ETF · WOOD · Markdown · $66.29
Recorded 2026-10-23 · before the outcome · scored mechanically

All of today's entries → See the running score →

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Screening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.