|ETFS Bloomberg All Commodity Strategy K-1 Free -- USA Etf|| |
USD 24.76 0.11 0.45%
The organization shows Beta (market volatility) of -0.392 which denotes to the fact that as returns on market increase, returns on owning ETFS Bloomberg are expected to decrease at a much smaller rate. During bear market, ETFS Bloomberg is likely to outperform the market.. Although it is extremely important to respect ETFS Bloomberg All
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach to predicting 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 examining ETFS Bloomberg All technical indicators
you can today evaluate if the expected return of 0.151% will be sustainable into the future.
ETFS Bloomberg All Relative Risk vs. Return Landscape
If you would invest 2,406
in ETFS Bloomberg All Commodity Strategy K-1 Free on December 24, 2017
and sell it today you would earn a total of 69.67
from holding ETFS Bloomberg All Commodity Strategy K-1 Free or generate 2.9%
return on investment over 30
days. ETFS Bloomberg All Commodity Strategy K-1 Free is generating 0.151% of daily returns assuming volatility of 0.37% on return distribution over 30 days investment horizon. In other words, 3% of equities are less volatile than the company and above 98% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, ETFS Bloomberg All Commodity Strategy K-1 Free is expected to generate 1.93 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.25 times less risky than the market. It trades about 0.41 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.
ETFS Bloomberg Daily Price Distribution
The median price of ETFS Bloomberg for the period between Sun, Dec 24, 2017 and Tue, Jan 23, 2018 is 24.53 with a coefficient of variation of 1.59. The daily time series for the period is distributed with a sample standard deviation of 0.39, arithmetic mean of 24.36, and mean deviation of 0.31. The Etf received some media coverage during the period.