|NEAR -- USA Etf|| |
USD 49.81 0.09 0.17%
The entity maintains market beta of -0.0063 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.
iShares Short Maturity Relative Risk vs. Return Landscape
If you would invest 5,008
in iShares Short Maturity Bond ETF on November 18, 2018
and sell it today you would lose (27.00)
from holding iShares Short Maturity Bond ETF or give up 0.54%
of portfolio value over 30
days. iShares Short Maturity Bond ETF is currently does not generate positive expected returns and assumes 0.0573% risk (volatility on return distribution) over the 30 days horizon. In different words, 0% of equities are less volatile than iShares Short Maturity Bond ETF and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, iShares Short Maturity Bond ETF is expected to generate 0.04 times more return on investment than the market. However, the company is 23.22 times less risky than the market. It trades about -0.23 of its potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of risk.
iShares Short Market Risk Analysis
Sharpe Ratio = -0.23
Based on monthly moving average iShares Short is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of iShares Short
by adding it to a well-diversified
Over the last 30 days iShares Short Maturity Bond ETF has generated negative risk-adjusted returns adding no value to investors with long positions.
|iShares Short generates negative expected return over the last 30 days|
|The fund maintains about 86.04% of its assets in bonds|
|Fifty Two Week Low||49.86|
|Fifty Two Week High||50.25|