VanAurum Logo
Financial Insights

Search Description
126-day returns for the iShares High Yield Corporate Bond ETF where the Copper-Gold ratio's 89-day rate of change has been less than or equal to -0.29137314
Info: There were 1 instances of this market event in the last 5 years. They are indicated below with vertical lines.

This table compares the return statistics of your query with that of the asset's full history
Descriptor Query Result Set Full Return Set
Number of Occurences 130 2861
Mean Value of Return Set 14.57 2.95
Standard Deviation 9.54 8.17
Minimum Return -6.98 -32.59
25th Percentile 7.74 0.03
50th Percentile 12.97 2.98
75th Percentile 21.3 6.19
Maximum Return 36.37 39.78

T-Statistic: 13.888
The T-Statistic can be thought of as a signal to noise ratio. The further from zero this value is the more reliable the market condition has been, historically. It tells you how different the mean returns are for this query from the mean returns of the full price history. It's better than just looking at the mean returns because it adjusts for the number of occurences, and the variance of those occurences.