Macroaxis considers iShares Short to be not too risky. iShares Short Maturity shows Sharpe Ratio of -0.009 which attests that iShares Short Maturity had -0.009% 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-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 0.9525, Mean Deviation of 0.029 and Downside Deviation of 0.0747 to validate risk estimate we provide.
|Time 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.2 Months Beta |Analyze iShares Short Maturity Demand TrendCheck current 30 days iShares Short correlation with market (DOW)|
β = -0.0106
iShares Short Maturity Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, iShares Short Maturity Bond ETF has beta of -0.0106 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