Barclays Bank Risk Analysis

Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN -- USA Etf  

USD 45.13  0.04  0.0886%

Macroaxis considers Barclays Bank to be unknown risk. Barclays Bank PLC secures Sharpe Ratio (or Efficiency) of -0.2818 which signifies that Barclays Bank PLC had -0.2818% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing 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. Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Barclays Bank PLC Risk Adjusted Performance of 0.0049 and Mean Deviation of 0.4382 to double-check risk estimate we provide.
Investment Horizon     30 Days    Login   to change

Barclays Bank Market Sensitivity

As returns on market increase, returns on owning Barclays Bank are expected to decrease at a much smaller rate. During bear market, Barclays Bank is likely to outperform the market.
One Month Beta |Analyze Barclays Bank PLC Demand Trend
Check current 30 days Barclays Bank correlation with market (DOW)
β = -0.0132
Barclays Bank Almost negative betaBarclays Bank PLC Beta Legend

Projected Return Density Against Market

Given the investment horizon of 30 days, Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN has beta of -0.0132 . This indicates as returns on benchmark increase, returns on holding Barclays Bank are expected to decrease at a much smaller rate. During bear market, however, Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN is likely to outperform the market. Additionally, Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN 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 
Given the investment horizon of 30 days, the coefficient of variation of Barclays Bank is -354.88. The daily returns are destributed with a variance of 1.49 and standard deviation of 1.22. The mean deviation of Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN is currently at 0.67. For similar time horizon, the selected benchmark (DOW) has volatility of 0.27
α
Alpha over DOW
=(0.0185) 
βBeta against DOW=(0.0132) 
σ
Overall volatility
= 1.22 
 IrInformation ratio =(0.18) 

Actual Return Volatility

Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN inherits 1.2201% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.2475% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Barclays Bank Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Largest Trends

Barclays Bank Largest Period Trend

Investment Outlook

Barclays Bank Investment Opportunity
Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN has a volatility of 1.22 and is 4.88 times more volatile than DOW. 11% of all equities and portfolios are less risky than Barclays Bank. Compared to the overall equity markets, volatility of historical daily returns of Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN is lower than 11 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

Barclays Bank Current Risk Indicators