|ClaymoreDelta Global Shipping -- USA Etf|| |
USD 12.02 0.0601 0.5%
The organization shows Beta (market volatility) of 0.6618 which signifies that as returns on market increase, ClaymoreDelta Global returns are expected to increase less than the market. However during bear market, the loss on holding ClaymoreDelta Global will be expected to be smaller as well.. Although it is extremely important to respect ClaymoreDelta Global
historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing ClaymoreDelta Global technical indicators
you can presently evaluate if the expected return of 0.187% will be sustainable into the future.
ClaymoreDelta Global Relative Risk vs. Return Landscape
If you would invest 1,169
in ClaymoreDelta Global Shipping on December 22, 2017
and sell it today you would earn a total of 39.01
from holding ClaymoreDelta Global Shipping or generate 3.34%
return on investment over 30
days. ClaymoreDelta Global Shipping is generating 0.187% of daily returns assuming volatility of 0.9698% on return distribution over 30 days investment horizon. In other words, 8% of equities are less volatile than the company and above 97% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, ClaymoreDelta Global Shipping is expected to generate 1.47 times less return on investment than the market. In addition to that, the company is 2.13 times more volatile than its market benchmark. It trades about 0.19 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.6 per unit of volatility.
Based on latest financial disclosure the price to book indicator of ClaymoreDelta Global Shipping is roughly 0.91 times. This indicator is about the same for the Claymore Securities average (which is currently at 0.91) family, and about the same as Industrials
(which currently averages 0.91) category, The Price to Book for all etfs is 6.19% higher than the company.
| || ClaymoreDelta Global Comparables |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
ClaymoreDelta Global Daily Price Distribution
The median price of ClaymoreDelta Global for the period between Fri, Dec 22, 2017 and Sun, Jan 21, 2018 is 11.9 with a coefficient of variation of 1.93. The daily time series for the period is distributed with a sample standard deviation of 0.23, arithmetic mean of 11.82, and mean deviation of 0.21. The Etf received some media coverage during the period.