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, 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.2 Months Beta |Analyze ETFS Bloomberg All Demand TrendCheck current 30 days ETFS Bloomberg correlation with market (DOW)|
β = -0.06
ETFS Bloomberg All Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, ETFS Bloomberg All Commodity Strt K 1 Fr has beta of -0.06 . This suggests as returns on benchmark increase, returns on holding ETFS Bloomberg are expected to decrease at a much smaller rate. During bear market, however, ETFS Bloomberg All Commodity Strt K 1 Fr is likely to outperform the market. Moreover, ETFS Bloomberg All Commodity Strt K 1 Fr has an alpha of 0.0574 implying that it can potentially generate 0.0574% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density