|Short Duration TR Tactical ETF SPDR -- USA Etf|| |
USD 49.29 0.04 0.0811%
The entity has beta of 0.0082 which indicates as returns on market increase, Short Duration returns are expected to increase less than the market. However during bear market, the loss on holding Short Duration will be expected to be smaller as well.. 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.
Short Duration TR Relative Risk vs. Return Landscape
If you would invest 4,934
in Short Duration TR Tactical ETF SPDR on December 21, 2017
and sell it today you would lose (5)
from holding Short Duration TR Tactical ETF SPDR or give up 0.1%
of portfolio value over 30
days. Short Duration TR Tactical ETF SPDR is currenly does not generate positive expected returns and assumes 0.0746% 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 (%)
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 6.23 times less risky than the market. the firm trades about -0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.55 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 Thu, Dec 21, 2017 and Sat, Jan 20, 2018 is 49.35 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.