We consider iShares Short not too risky. iShares Short Maturity shows Sharpe Ratio of 0.0362 which attests that iShares Short Maturity had 0.0362% of return per unit of risk over the last 2 months. 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 1.07 and Mean Deviation of 0.0322 to validate if risk estimate we provide are consistent with the epected return of 0.0014%.
|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 = -0.0103
iShares Short Maturity Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, iShares Short Maturity Bond ETF has beta of -0.0103 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