USAA Core Backtesting

USAA Core Intermediate-Term Bond -- USA Etf  

USD 49.73  0.16  0.32%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of USAA Core Intermediate-Term Bond and determine expected loss or profit from investing in USAA Core over given investment horizon. Also please take a look at USAA Core Hype Analysis, USAA Core Correlation, Portfolio Optimization, USAA Core Volatility as well as analyze USAA Core Alpha and Beta and USAA Core Performance
 Time Horizon     30 Days    Login   to change

USAA Core 'What if' Analysis

December 25, 2017
No Change 0.00  0.0%
In 30 days
January 24, 2018
If you would invest  0.00  in USAA Core on December 25, 2017 and sell it all today you would earn a total of 0.00 from holding USAA Core Intermediate-Term Bond or generate 0.0% return on investment in USAA Core over 30 days. USAA Core is related to or competes with Vanguard Total, iShares Core, Vanguard Interm, SPDR DoubleLine, iShares Interm, and iShares Core. The investment seeks high current income without undue risk to principal

USAA Core Upside/Downside Indicators


USAA Core Market Premium Indicators

USAA Core Intermedia lagged returns against current returns

 Current and Lagged Values 

USAA Core regressed lagged prices vs. current prices

 Current vs Lagged Prices 

USAA Core Intermedia Backtested Returns

Macroaxis considers USAA Core to be not too risky. USAA Core Intermedia retains Efficiency (Sharpe Ratio) of -0.1824 which indicates USAA Core Intermedia had -0.1824% of return per unit of volatility over the last 1 month. Macroaxis approach towards measuring 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. USAA Core exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate USAA Core Intermediate-Term Bond Risk Adjusted Performance of (0.078637) to confirm risk estimate we provide. The entity owns Beta (Systematic Risk) of 0.0143 which indicates as returns on market increase, USAA Core returns are expected to increase less than the market. However during bear market, the loss on holding USAA Core will be expected to be smaller as well.. Even though it is essential to pay attention to USAA Core Intermedia existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis approach towards measuring 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. USAA Core exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.48 

Average predictability

USAA Core Intermediate-Term Bond has average predictability. Overlapping area represents the amount of predictability between USAA Core time series from December 25, 2017 to January 9, 2018 and January 9, 2018 to January 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 USAA Core Intermedia price movement. The serial correlation of 0.48 indicates that about 48.0% of current USAA Core price fluctuation can be explain by its past prices.
Correlation Coefficient 0.48
Spearman Rank Test 0.32
Price Variance 0.01
Lagged Price Variance 0.01

USAA Core Lagged Returns

 Regressed Prices 

USAA Core Performance vs DOW

The median price of USAA Core for the period between Mon, Dec 25, 2017 and Wed, Jan 24, 2018 is 49.98 with a coefficient of variation of 0.39. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 49.93, and mean deviation of 0.17. The Etf did not receive any noticable media coverage during the period.
Price Growth (%)