Macroaxis considers ETFS Bloomberg to be not too risky. ETFS Bloomberg Engy secures Sharpe Ratio (or Efficiency) of -0.2006 which denotes ETFS Bloomberg Engy had -0.2006% of return per unit of return volatility over the last 1 month. Macroaxis approach to predicting risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ETFS Bloomberg Engy Downside Deviation of 1.22 and Mean Deviation of 0.8714 to check risk estimate we provide.
|Time Horizon||30 Days Login to change|
ETFS Bloomberg Engy Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, ETFS Bloomberg has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and ETFS Bloomberg are completely uncorrelated. Furthermore, ETFS Bloomberg Engy Lngr Dtd Strt K 1FrIt does not look like ETFS Bloomberg alpha can have any bearing on the equity current valuation.
Predicted Return Density