|UITB -- USA Etf|| |
USD 48.32 0.035 0.07%
The entity owns Beta (Systematic Risk) of 0.0097 which indicates as returns on market increase, USAA Core returns are expected to increase less than the market. However during bear market, the loss on holding USAA Core will be expected to be smaller as well. . Although it is extremely important to respect USAA Core Intermediate
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The approach towards measuring future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By inspecting USAA Core Intermediate technical indicators
you can now evaluate if the expected return of 0.0218% will be sustainable into the future.
USAA Core Intermediate Relative Risk vs. Return Landscape
If you would invest 4,782
in USAA Core Intermediate Term Bond ETF on December 17, 2018
and sell it today you would earn a total of 49.00
from holding USAA Core Intermediate Term Bond ETF or generate 1.02%
return on investment over 30
days. USAA Core Intermediate Term Bond ETF is currently generating 0.0218% of daily expected returns and assumes 0.1239% risk (volatility on return distribution) over the 30 days horizon. In different words, 1% of equities are less volatile than USAA Core Intermediate 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, USAA Core Intermediate is expected to generate 0.06 times more return on investment than the market. However, the company is 16.24 times less risky than the market. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.
USAA Core Market Risk Analysis
Sharpe Ratio = 0.1756
USAA Core Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average USAA Core is performing at about 11% 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 USAA Core
by adding it to a well-diversified
Compared to the overall equity markets, risk-adjusted returns on investments in USAA Core Intermediate Term Bond ETF are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.
|Fifty Two Week Low||47.575|
|Fifty Two Week High||49.820|