iShares Short Backtesting

NEAR -- USA Etf  

USD 50.13  0.03  0.06%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of iShares Short Maturity Bond ETF and determine expected loss or profit from investing in iShares Short over given investment horizon. Please see also iShares Short Hype Analysis, iShares Short Correlation, Portfolio Optimization, iShares Short Volatility as well as analyze iShares Short Alpha and Beta and iShares Short Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

iShares Short 'What if' Analysis

May 25, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 24, 2018
0.00
If you would invest  0.00  in iShares Short on May 25, 2018 and sell it all today you would earn a total of 0.00 from holding iShares Short Maturity Bond ETF or generate 0.0% return on investment in iShares Short over 30 days. iShares Short is related to or competes with FlexShares Ready, Technology Select, Consumer Staples, VelocityShares Daily, iShares Edge, SPDR SP, and Schwab US. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its ...

iShares Short Upside/Downside Indicators

  

iShares Short Market Premium Indicators

iShares Short Maturity Backtested Returns

Macroaxis considers iShares Short to be not too risky. iShares Short Maturity shows Sharpe Ratio of -0.0523 which attests that iShares Short Maturity had -0.0523% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. iShares Short Maturity exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out iShares Short Maturity to validate risk estimate we provide. The entity maintains market beta of 0.0 which attests that the returns on MARKET and iShares Short are completely uncorrelated. Even though it is essential to pay attention to iShares Short Maturity historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. iShares Short Maturity exposes twenty-eight different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.38) 

Poor reverse predictability

iShares Short Maturity Bond ETF has poor reverse predictability. Overlapping area represents the amount of predictability between iShares Short time series from May 25, 2018 to June 9, 2018 and June 9, 2018 to June 24, 2018. 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 Short Maturity price movement. The serial correlation of -0.38 indicates that just about 38.0% of current iShares Short price fluctuation can be explain by its past prices. Given that iShares Short Maturity Bond ETF has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of iShares Short for similar time interval.
Correlation Coefficient -0.38
Spearman Rank Test -0.36
Average Price 50.11
Lagged Average Price 50.13

iShares Short Maturity lagged returns against current returns

 Current and Lagged Values 
      Timeline 

iShares Short regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

iShares Short Lagged Returns

 Regressed Prices 
      Timeline 

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Please see also iShares Short Hype Analysis, iShares Short Correlation, Portfolio Optimization, iShares Short Volatility as well as analyze iShares Short Alpha and Beta and iShares Short Performance. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.