Short Duration Performance

Short Duration TR Tactical ETF SPDR -- USA Etf  

USD 49.33  0.04  0.0812%

The entity has beta of -0.0031 which indicates as returns on market increase, returns on owning Short Duration are expected to decrease at a much smaller rate. During bear market, Short Duration is likely to outperform the market.. Even though it is essential to pay attention to Short Duration TR current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Short Duration TR Tactical ETF SPDR exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

Short Duration TR Relative Risk vs. Return Landscape

If you would invest  4,935  in Short Duration TR Tactical ETF SPDR on December 20, 2017 and sell it today you would lose (2)  from holding Short Duration TR Tactical ETF SPDR or give up 0.04% of portfolio value over 30 days. Short Duration TR Tactical ETF SPDR is currenly does not generate positive expected returns and assumes 0.0705% risk (volatility on return distribution) over the 30 days horizon. In different words, 0% of equities are less volatile than Short Duration TR Tactical ETF SPDR and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Short Duration TR Tactical ETF SPDR is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 6.22 times less risky than the market. the firm trades about -0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.66 of returns per unit of risk over similar time horizon.

Short Duration Realized Returns

Short Duration Daily Price Distribution

The median price of Short Duration for the period between Wed, Dec 20, 2017 and Fri, Jan 19, 2018 is 49.36 with a coefficient of variation of 0.08. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 49.36, and mean deviation of 0.03. The Etf did not receive any noticable media coverage during the period.

Risk-Adjusted Performance

Over the last 30 days Short Duration TR Tactical ETF SPDR has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Short Duration Sharpe Ratio = -0.0283
Good Returns
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Based on monthly moving average Short Duration 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 Short Duration by adding it to a well-diversified portfolio.