United States Brent Etf Volatility

BNO Etf  USD 31.65  0.62  2.00%   
We consider United States very steady. United States Brent owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had 0.14% return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for United States Brent, which you can use to evaluate the future volatility of the etf. Please validate United States' Semi Deviation of 1.33, coefficient of variation of 679.63, and Risk Adjusted Performance of 0.0988 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Key indicators related to United States' volatility include:
720 Days Market Risk
Chance Of Distress
720 Days Economic Sensitivity
United States Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of United daily returns, and it is calculated using variance and standard deviation. We also use United's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of United States volatility.
  
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as United States can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of United States at lower prices. For example, an investor can purchase United stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of United States' stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with United Etf

  1.0USO United States OilPairCorr
  0.74DBA Invesco DB AgriculturePairCorr

United States Market Sensitivity And Downside Risk

United States' beta coefficient measures the volatility of United etf compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents United etf's returns against your selected market. In other words, United States's beta of 0.3 provides an investor with an approximation of how much risk United States etf can potentially add to one of your existing portfolios.
United States Brent has relatively low volatility with skewness of -0.29 and kurtosis of -0.08. However, we advise all investors to independently investigate United States Brent to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure United States' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact United States' etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
3 Months Beta |Analyze United States Brent Demand Trend
Check current 90 days United States correlation with market (NYSE Composite)

United Beta

    
  0.3  
United standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  1.39  
It is essential to understand the difference between upside risk (as represented by United States's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of United States' daily returns or price. Since the actual investment returns on holding a position in united etf tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in United States.

Using United Put Option to Manage Risk

Put options written on United States grant holders of the option the right to sell a specified amount of United States at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of United Etf cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge United States' position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding United States will be realized, the loss incurred will be offset by the profits made with the option trade.

United States' PUT expiring on 2024-04-19

   Profit   
       United States Price At Expiration  

Current United States Insurance Chain

DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Put
2024-04-19 PUT at $33.0-0.76990.337432024-04-192.1 - 2.35.3View
Put
2024-04-19 PUT at $32.0-0.6330.165322024-04-191.35 - 1.55.4View
Put
2024-04-19 PUT at $31.0-0.4610.163412024-04-190.85 - 0.953.08View
Put
2024-04-19 PUT at $30.0-0.30380.1416102024-04-190.45 - 0.553.38View
Put
2024-04-19 PUT at $29.0-0.18510.1023572024-04-190.2 - 0.350.43View
Put
2024-04-19 PUT at $28.0-0.11760.0677242024-04-190.1 - 0.250.4View
Put
2024-04-19 PUT at $27.0-0.08010.045112024-04-190.05 - 0.20.1View
Put
2024-04-19 PUT at $25.0-0.07350.0279412024-04-190.05 - 0.30.25View
View All United States Options

United States Brent Etf Volatility Analysis

Volatility refers to the frequency at which United States etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with United States' price changes. Investors will then calculate the volatility of United States' etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of United States' volatility:

Historical Volatility

This type of etf volatility measures United States' fluctuations based on previous trends. It's commonly used to predict United States' future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for United States' current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on United States' to be redeemed at a future date.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. United States Brent Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

United States Projected Return Density Against Market

Considering the 90-day investment horizon United States has a beta of 0.3004 suggesting as returns on the market go up, United States average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding United States Brent will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to United States or USCF Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that United States' price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a United etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has an alpha of 0.1683, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
United States' volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how united etf's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives an United States Price Volatility?

Several factors can influence a etf's market volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

United States Etf Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to United States or USCF Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that United States' price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a United etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Considering the 90-day investment horizon the coefficient of variation of United States is 723.03. The daily returns are distributed with a variance of 1.92 and standard deviation of 1.39. The mean deviation of United States Brent is currently at 1.11. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
α
Alpha over NYSE Composite
0.17
β
Beta against NYSE Composite0.30
σ
Overall volatility
1.39
Ir
Information ratio 0.05

United States Etf Return Volatility

United States historical daily return volatility represents how much of United States etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF has volatility of 1.3851% on return distribution over 90 days investment horizon. By contrast, NYSE Composite accepts 0.5953% volatility on return distribution over the 90 days horizon.
 Performance 
       Timeline  

About United States Volatility

Volatility is a rate at which the price of United States or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of United States may increase or decrease. In other words, similar to United's beta indicator, it measures the risk of United States and helps estimate the fluctuations that may happen in a short period of time. So if prices of United States fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
The Benchmark Futures Contract is the futures contract on Brent crude oil as traded on the Ice Futures Europe Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire. US Brent is traded on NYSEARCA Exchange in the United States.
United States' stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on United Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much United States' price varies over time.

3 ways to utilize United States' volatility to invest better

Higher United States' etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of United States Brent etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. United States Brent etf volatility can provide helpful information for making investment decisions in the following ways:
  • Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of United States Brent investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in United States' etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
  • Diversification: Understanding how the volatility of United States' etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

United States Investment Opportunity

United States Brent has a volatility of 1.39 and is 2.32 times more volatile than NYSE Composite. 12  of all equities and portfolios are less risky than United States. Compared to the overall equity markets, volatility of historical daily returns of United States Brent is lower than 12 () of all global equities and portfolios over the last 90 days. Use United States Brent to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The etf experiences a large bullish trend. Check odds of United States to be traded at $34.82 in 90 days.

Average diversification

The correlation between United States Brent and NYA is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding United States Brent and NYA in the same portfolio, assuming nothing else is changed.

United States Additional Risk Indicators

The analysis of United States' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in United States' investment and either accepting that risk or mitigating it. Along with some common measures of United States etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

United States Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against United States as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. United States' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, United States' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to United States Brent.
When determining whether United States Brent offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Brent Etf. Outlined below are crucial reports that will aid in making a well-informed decision on United States Brent Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in United States Brent. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running United States' price analysis, check to measure United States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
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The market value of United States Brent is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United States' market value can be influenced by many factors that don't directly affect United States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.