|Horizon||30 Days Login to change|
ETFS Bloomberg Market Sensitivity
|As returns on market increase, ETFS Bloomberg returns are expected to increase less than the market. However during bear market, the loss on holding ETFS Bloomberg will be expected to be smaller as well.One Month Beta |Analyze ETFS Bloomberg All Demand TrendCheck current 30 days ETFS Bloomberg correlation with market (DOW)|
β = 0.6144
ETFS Bloomberg All Technical Analysis
ETFS Bloomberg Projected Return Density Against MarketConsidering 30-days investment horizon, ETFS Bloomberg has beta of 0.6144 . This suggests as returns on market go up, ETFS Bloomberg average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ETFS Bloomberg All CmdtyLngrDtdStrtK 1Fr will be expected to be much smaller as well. Additionally, ETFS Bloomberg All CmdtyLngrDtdStrtK 1Fr has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
ETFS Bloomberg Return VolatilityETFS Bloomberg All CmdtyLngrDtdStrtK 1Fr has volatility of 0.5375% on return distribution over 30 days investment horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.