USAA Core Risk Analysis And Volatility Evaluation

UITB -- USA Etf  

USD 48.51  0.02  0.0412%

We consider USAA Core not too risky. USAA Core Intermediate retains Efficiency (Sharpe Ratio) of 0.124 which indicates USAA Core Intermediate had 0.124% of return per unit of volatility over the last 1 month. Our approach towards measuring volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty technical indicators for USAA Core which you can use to evaluate future volatility of the etf. Please validate USAA Core Intermediate Term Bond ETF Risk Adjusted Performance of 0.01 and Coefficient Of Variation of 630.37 to confirm if risk estimate we provide are consistent with the epected return of 0.0286%.
 Time Horizon     30 Days    Login   to change

USAA Core Intermediate Technical Analysis

The output start index for this execution was zero with a total number of output elements of seventeen. USAA Core Intermediate Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, USAA Core has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and USAA Core are completely uncorrelated. Furthermore, USAA Core Intermediate Term Bond ETFIt does not look like USAA Core alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Given the investment horizon of 30 days, the coefficient of variation of USAA Core is 806.48. The daily returns are destributed with a variance of 0.05 and standard deviation of 0.23. The mean deviation of USAA Core Intermediate Term Bond ETF is currently at 0.18. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.16

Actual Return Volatility

USAA Core Intermediate Term Bond ETF inherits 0.2303% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.6066% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Market Risk Breakdown

USAA Core Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

USAA Core Investment Opportunity
DOW has a standard deviation of returns of 0.61 and is 2.65 times more volatile than USAA Core Intermediate Term Bond ETF. 2% of all equities and portfolios are less risky than USAA Core. Compared to the overall equity markets, volatility of historical daily returns of USAA Core Intermediate Term Bond ETF is lower than 2 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

USAA Core Current Risk Indicators
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