USAA Core Performance

USAA Core Intermediate-Term Bond -- USA Etf  

USD 49.73  0.16  0.32%

The entity owns Beta (Systematic Risk) of -0.0227 which indicates as returns on market increase, returns on owning USAA Core are expected to decrease at a much smaller rate. During bear market, USAA Core is likely to outperform the market.. Even though it is essential to pay attention to USAA Core Intermedia existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis approach 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. USAA Core exposes twenty-eight different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

USAA Core Intermedia Relative Risk vs. Return Landscape

If you would invest  5,006  in USAA Core Intermediate-Term Bond on December 24, 2017 and sell it today you would lose (33)  from holding USAA Core Intermediate-Term Bond or give up 0.66% of portfolio value over 30 days. USAA Core Intermediate-Term Bond is currenly does not generate positive expected returns and assumes 0.1853% risk (volatility on return distribution) over the 30 days horizon. In different words, 1% of equities are less volatile than USAA Core Intermediate-Term Bond 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, USAA Core Intermediate-Term Bond is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.5 times less risky than the market. the firm trades about -0.19 of its potential returns per unit of risk. The DOW is currently generating roughly 0.63 of returns per unit of risk over similar time horizon.

USAA Core Daily Price Distribution

The median price of USAA Core for the period between Sun, Dec 24, 2017 and Tue, Jan 23, 2018 is 49.98 with a coefficient of variation of 0.38. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 49.94, and mean deviation of 0.16. The Etf did not receive any noticable media coverage during the period.
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Risk-Adjusted Performance

Over the last 30 days USAA Core Intermediate-Term Bond has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

USAA Core Sharpe Ratio = -0.187
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Estimated Market Risk

 0.19
  actual daily
 
 99 %
of total potential
  

Expected Return

 -0.03
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 -0.19
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average USAA Core 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 USAA Core by adding it to a well-diversified portfolio.