iShares Short Backtesting

NEAR -- USA Etf  

USD 49.88  0.005  0.01%

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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

iShares Short 'What if' Analysis

October 13, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 12, 2018
0.00
If you would invest  0.00  in iShares Short on October 13, 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 60 days. iShares Short is related to or competes with iShares Short, SPDR Blmbg, Janus Henderson, Pulse Electronics, 3M, Walmart, and B of A. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its ...

iShares Short Upside/Downside Indicators

Information Ratio2.91
Maximum Drawdown0.2598
Value At Risk(0.040072)
Potential Upside0.0399
  

iShares Short Market Premium Indicators

Risk Adjusted Performance(0.55)
Jensen Alpha(0.020762)
Total Risk Alpha(0.014201)
Treynor Ratio6.13

iShares Short Maturity Backtested Returns

Macroaxis considers iShares Short to be not too risky. iShares Short Maturity shows Sharpe Ratio of -0.2129 which attests that iShares Short Maturity had -0.2129% of return per unit of risk over the last 2 months. 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 6.14 and Mean Deviation of 0.0294 to validate risk estimate we provide. The entity maintains market beta of -0.0033 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 0.81 
correlation synergy

Very good predictability

iShares Short Maturity Bond ETF has very good predictability. Overlapping area represents the amount of predictability between iShares Short time series from October 13, 2018 to November 12, 2018 and November 12, 2018 to December 12, 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 0.81 indicates that around 81.0% of current iShares Short price fluctuation can be explain by its past prices.
Correlation Coefficient0.81
Spearman Rank Test0.74
Residual Average0.0
Price Variance0.0

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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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