We consider iShares Short not too risky. iShares Short Maturity shows Sharpe Ratio of 0.0563 which attests that iShares Short Maturity had 0.0563% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for iShares Short Maturity which you can use to evaluate future volatility of the etf. Please check out iShares Short Maturity Market Risk Adjusted Performance of 5.61 and Mean Deviation of 0.0245 to validate if risk estimate we provide are consistent with the epected return of 0.002%.
|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.One Month Beta |Analyze iShares Short Maturity Demand TrendCheck current 30 days iShares Short correlation with market (DOW)|
β = -0.0013
iShares Short Maturity Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, iShares Short Maturity Bond has beta of -0.0013 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 is likely to outperform the market. Additionally, iShares Short Maturity Bond has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Given the investment horizon of 30 days, the coefficient of variation of iShares Short is 1776.47. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.04. The mean deviation of iShares Short Maturity Bond is currently at 0.02. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45