iShares Short Backtesting

iShares Short Maturity Bond -- USA Etf  

USD 50.21  0.01  0.0199%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of iShares Short Maturity Bond 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

iShares Short 'What if' Analysis

December 19, 2017
No Change 0.00  0.0%
In 31 days
January 18, 2018
If you would invest  0.00  in iShares Short on December 19, 2017 and sell it all today you would earn a total of 0.00 from holding iShares Short Maturity Bond or generate 0.0% return on investment in iShares Short over 30 days. iShares Short is related to or competes with iShares Short, SPDR Blmbg, SPDR Blmbg, First Trust, Goldman Sachs, and PowerShares Treasury. The investment seeks to maximize current income

iShares Short Upside/Downside Indicators


iShares Short Market Premium Indicators

iShares Short Maturity lagged returns against current returns

 Current and Lagged Values 

iShares Short regressed lagged prices vs. current prices

 Current vs Lagged Prices 

iShares Short Maturity Backtested Returns

We consider iShares Short not too risky. iShares Short Maturity shows Sharpe Ratio of 0.0267 which attests that iShares Short Maturity had 0.0267% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for iShares Short Maturity which you can use to evaluate future volatility of the etf. Please check out iShares Short Maturity Market Risk Adjusted Performance of (0.93) and Mean Deviation of 0.0263 to validate if risk estimate we provide are consistent with the epected return of 0.001%. The entity maintains market beta of 0.0058 which attests that as returns on market increase, iShares Short returns are expected to increase less than the market. However during bear market, the loss on holding iShares Short will be expected to be smaller as well.. Although it is extremely important to respect iShares Short Maturity historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining iShares Short Maturity technical indicators you can presently evaluate if the expected return of 0.001% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.11) 

Insignificant reverse predictability

iShares Short Maturity Bond has insignificant reverse predictability. Overlapping area represents the amount of predictability between iShares Short time series from December 19, 2017 to January 3, 2018 and January 3, 2018 to January 18, 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 -0.11 indicates that less than 11.0% of current iShares Short price fluctuation can be explain by its past prices. Given that iShares Short Maturity Bond 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 -0.11
Spearman Rank Test -0.42
Average Price 50.16
Lagged Average Price 50.14

iShares Short Lagged Returns

 Regressed Prices 

iShares Short Performance vs DOW

The median price of iShares Short for the period between Tue, Dec 19, 2017 and Thu, Jan 18, 2018 is 50.15 with a coefficient of variation of 0.06. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 50.16, and mean deviation of 0.03. The Etf received some media coverage during the period.
Price Growth (%)  
iShares Short Maturity Bond ETF Shares Sold by Capital Advis...01/16/2018