|Horizon||30 Days Login to change|
iPath US Market Sensitivity
|As returns on market increase, iPath US returns are expected to increase less than the market. However during bear market, the loss on holding iPath US will be expected to be smaller as well.One Month Beta |Analyze iPath US Treasury Demand TrendCheck current 30 days iPath US correlation with market (DOW)|
β = 0.1351
iPath US Treasury Technical Analysis
iPath US Projected Return Density Against MarketGiven the investment horizon of 30 days, iPath US has beta of 0.1351 . This entails as returns on market go up, iPath US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding iPath US Treasury Steepener ETN will be expected to be much smaller as well. Moreover, iPath US Treasury Steepener ETN has an alpha of 0.1907 implying that it can potentially generate 0.1907% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
iPath US Return VolatilityiPath US Treasury Steepener ETN inherits 0.7802% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.