Barclays Bank Risk Analysis

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

USD 37.78  0.00  0.00%

Macroaxis considers Barclays Bank to be not very risky. Barclays Bank PLC secures Sharpe Ratio (or Efficiency) of -0.347 which signifies that Barclays Bank PLC had -0.347% 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 0.15 and Mean Deviation of 1.75 to double-check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

Barclays Bank Market Sensitivity

As returns on market increase, Barclays Bank returns are expected to increase less than the market. However during bear market, the loss on holding Barclays Bank will be expected to be smaller as well.
One Month Beta |Analyze Barclays Bank PLC Demand Trend
Check current 30 days Barclays Bank correlation with market (DOW)
β = 0.0057
Barclays Bank Small BetaBarclays Bank PLC Beta Legend

Barclays Bank PLC Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Barclays Bank PLC 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. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, Barclays Bank has beta of 0.0057 . This indicates as returns on market go up, Barclays Bank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN will be expected to be much smaller as well. 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 -288.18. The daily returns are destributed with a variance of 11.12 and standard deviation of 3.33. The mean deviation of Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN is currently at 2.12. For similar time horizon, the selected benchmark (DOW) has volatility of 1.72
α
Alpha over DOW
=0.31
β
Beta against DOW=0.0057
σ
Overall volatility
=3.33
Ir
Information ratio =0.03

Actual Return Volatility

Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN inherits 3.3347% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.7188% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Barclays Bank Volatility Factors

30 Days Market Risk

Not very risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Barely shadows market

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 3.33 and is 1.94 times more volatile than DOW. 30% 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 30 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

Barclays Bank Current Risk Indicators