Macroaxis considers iPath US to be not too risky. iPath US Treasury
shows Sharpe Ratio of -0.1058 which attests that iPath US Treasury
had -0.1058% 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
. iPath US Treasury exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out iPath US Treasury Market Risk Adjusted Performance
of 0.2475 and Mean Deviation
of 0.612 to validate risk estimate we provide. The entity maintains market beta of -0.2561 which attests that as returns on market increase, returns on owning iPath US are expected to decrease at a much smaller rate. During bear market, iPath US is likely to outperform the market.. Even though it is essential to pay attention to iPath US Treasury
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
. iPath US Treasury exposes twenty-one different technical indicators which can help you to evaluate its performance.
iPath US Treasury Steepener ETN has average predictability. Overlapping area represents the amount of predictability between iPath US time series from October 19, 2018 to November 18, 2018 and November 18, 2018 to December 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 iPath US Treasury price movement. The serial correlation of 0.44 indicates that just about 44.0% of current iPath US price fluctuation can be explain by its past prices.