ETFS Bloomberg Risk Analysis

ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr -- USA Etf  

USD 24.88  0.00  0.00%

Macroaxis considers ETFS Bloomberg to be unknown risk. ETFS Bloomberg Engy secures Sharpe Ratio (or Efficiency) of -0.2741 which denotes ETFS Bloomberg Engy had -0.2741% 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 Mean Deviation of 0.8783 to check risk estimate we provide.
 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.
One Month Beta |Analyze ETFS Bloomberg Engy Demand Trend
Check current 30 days ETFS Bloomberg correlation with market (DOW)
β = -0.4123
ETFS Bloomberg Almost negative betaETFS Bloomberg Engy Beta Legend

ETFS Bloomberg Engy Technical Analysis

Transformation
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Projected Return Density Against Market

Considering 30-days investment horizon, ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr has beta of -0.4123 . 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 Engy Lngr Dtd Strt K 1Fr is likely to outperform the market. Additionally, ETFS Bloomberg Engy Lngr Dtd Strt K 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 
      Returns 
Considering 30-days investment horizon, the coefficient of variation of ETFS Bloomberg is -364.76. The daily returns are destributed with a variance of 2.38 and standard deviation of 1.54. The mean deviation of ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr is currently at 0.88. For similar time horizon, the selected benchmark (DOW) has volatility of 1.78
α
Alpha over DOW
=0.2
β
Beta against DOW=0.41
σ
Overall volatility
=1.54
Ir
Information ratio =0.0654

Actual Return Volatility

ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr has volatility of 1.5422% on return distribution over 30 days investment horizon. DOW inherits 1.7317% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

ETFS Bloomberg Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Largest Trends

ETFS Bloomberg Largest Period Trend

Investment Outlook

ETFS Bloomberg Investment Opportunity
DOW has a standard deviation of returns of 1.73 and is 1.12 times more volatile than ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr. 14% of all equities and portfolios are less risky than ETFS Bloomberg. Compared to the overall equity markets, volatility of historical daily returns of ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr is lower than 14 (%) of all global equities and portfolios over the last 30 days. Use ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr to protect against small markets fluctuations. The etf experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of ETFS Bloomberg to be traded at $24.63 in 30 days. 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.

ETFS Bloomberg correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding ETFS Bloomberg Engy Lngr Dtd S and equity matching DJI index in the same portfolio.

Volatility Indicators

ETFS Bloomberg Current Risk Indicators