iShares Short Risk Analysis And Volatility Evaluation

NEAR -- USA Etf  

USD 50.09  0.01  0.02%

Macroaxis considers iShares Short to be unknown risk. iShares Short Maturity shows Sharpe Ratio of -0.1729 which attests that iShares Short Maturity had -0.1729% 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-one 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 1.09 and Mean Deviation of 0.0303 to validate risk estimate we provide.
Horizon     30 Days    Login   to change

iShares Short Market Sensitivity

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.
One Month Beta |Analyze iShares Short Maturity Demand Trend
Check current 30 days iShares Short correlation with market (DOW)
β = -0.0126
iShares Short Almost negative betaiShares Short Maturity Beta Legend

iShares Short Maturity Technical Analysis

Transformation
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iShares Short Projected Return Density Against Market

Given the investment horizon of 30 days, iShares Short Maturity Bond ETF has beta of -0.0126 indicating as returns on benchmark increase, returns on holding iShares Short are expected to decrease at a much smaller rate. During bear market, however, iShares Short Maturity Bond ETF is likely to outperform the market. Additionally, iShares Short Maturity Bond ETF has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of iShares Short is -578.36. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.05. The mean deviation of iShares Short Maturity Bond ETF is currently at 0.03. For similar time horizon, the selected benchmark (DOW) has volatility of 1.09
α
Alpha over DOW
=0.02
β
Beta against DOW=0.01
σ
Overall volatility
=0.05
Ir
Information ratio =3.24

iShares Short Return Volatility

iShares Short Maturity Bond ETF inherits 0.0542% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.088% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

iShares Short Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

iShares Short Investment Opportunity

DOW has a standard deviation of returns of 1.09 and is 21.8 times more volatile than iShares Short Maturity Bond ETF. 0% of all equities and portfolios are less risky than iShares Short. Compared to the overall equity markets, volatility of historical daily returns of iShares Short Maturity Bond ETF is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use iShares Short Maturity Bond ETF to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of iShares Short to be traded at $52.59 in 30 days. 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.

iShares Short correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding iShares Short Maturity Bond ET and equity matching DJI index in the same portfolio.

iShares Short Volatility Indicators

iShares Short Maturity Bond ETF Current Risk Indicators

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