iShares Short Backtesting

iShares Short Maturity Bond ETF -- USA Etf  

USD 50.13  0.000001  0.00%

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

iShares Short 'What if' Analysis

February 19, 2018
No Change 0.00  0.0%
In 31 days
March 21, 2018
If you would invest  0.00  in iShares Short on February 19, 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 iShares iBoxx, iShares iBoxx, iShares 1, SPDR Blmbg, iShares Intermediate, and SPDR Blmbg. iShares Short Maturity Bond ETF is USA based ETF administrated by State Street Bank and Trust Company

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

Macroaxis considers iShares Short to be not too risky. iShares Short Maturity shows Sharpe Ratio of -0.0368 which attests that iShares Short Maturity had -0.0368% 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 Market Risk Adjusted Performance of 68.14 and Mean Deviation of 0.0152 to validate risk estimate we provide. The entity maintains market beta of -2.0E-4 which attests that as returns on market increase, returns on owning iShares Short are expected to decrease at a much smaller rate. During bear market, iShares Short is likely to outperform the market.. 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 0.34 

Below average predictability

iShares Short Maturity Bond ETF has below average predictability. Overlapping area represents the amount of predictability between iShares Short time series from February 19, 2018 to March 6, 2018 and March 6, 2018 to March 21, 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 0.34 indicates that nearly 34.0% of current iShares Short price fluctuation can be explain by its past prices.
Correlation Coefficient 0.34
Spearman Rank Test 0.38
Average Price 50.12
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 Mon, Feb 19, 2018 and Wed, Mar 21, 2018 is 50.11000061 with a coefficient of variation of 55.51. The daily time series for the period is distributed with a sample standard deviation of 21.5, arithmetic mean of 38.73, and mean deviation of 17.6. The Etf received some media coverage during the period.
 Price Growth (%)  
Merit Financial Group LLC Takes 213000 Position in iShares S...03/14/2018