We consider ETFS Bloomberg not too risky. ETFS Bloomberg All secures Sharpe Ratio (or Efficiency) of 0.1096 which denotes ETFS Bloomberg All had 0.1096% of return per unit of return volatility over the last 2 months. Our approach to predicting 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-eight technical indicators for ETFS Bloomberg All Commodity Strt K 1 Fr which you can use to evaluate future volatility of the entity. Please confirm ETFS Bloomberg All Downside Deviation of 0.5222 and Mean Deviation of 0.4601 to check if risk estimate we provide are consistent with the epected return of 0.0661%.
|Time 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.2 Months Beta |Analyze ETFS Bloomberg All Demand TrendCheck current 30 days ETFS Bloomberg correlation with market (DOW)|
β = 0.0943
ETFS Bloomberg All Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, ETFS Bloomberg has beta of 0.0943 . 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 Commodity Strt K 1 Fr will be expected to be much smaller as well. Moreover, ETFS Bloomberg All Commodity Strt K 1 Fr has an alpha of 0.0624 implying that it can potentially generate 0.0624% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density