ClaymoreDelta Global Performance

ClaymoreDelta Global Shipping -- USA Etf  

USD 12.2  0.12  0.99%

The organization shows Beta (market volatility) of -0.6055 which signifies that as returns on market increase, returns on owning ClaymoreDelta Global are expected to decrease at a much smaller rate. During bear market, ClaymoreDelta Global is likely to outperform the market.. Although it is vital to follow to ClaymoreDelta Global historical returns, it is good to be conservative about what you can actually do with the information regarding 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 0.3308% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

ClaymoreDelta Global Relative Risk vs. Return Landscape

If you would invest  1,146  in ClaymoreDelta Global Shipping on December 23, 2017 and sell it today you would earn a total of  69.5  from holding ClaymoreDelta Global Shipping or generate 6.07% return on investment over 30 days. ClaymoreDelta Global Shipping is generating 0.3308% of daily returns assuming volatility of 0.8022% on return distribution over 30 days investment horizon. In other words, 7% of equities are less volatile than the company and above 94% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, ClaymoreDelta Global Shipping is expected to generate 1.73 times more return on investment than the market. However, the company is 1.73 times more volatile than its market benchmark. It trades about 0.41 of its potential returns per unit of risk. The DOW is currently generating roughly 0.63 per unit of risk.

Price to Book

ClaymoreDelta Global Price to Book
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.
  to Book 
      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 Sat, Dec 23, 2017 and Mon, Jan 22, 2018 is 11.905 with a coefficient of variation of 1.98. The daily time series for the period is distributed with a sample standard deviation of 0.23, arithmetic mean of 11.85, and mean deviation of 0.2. The Etf received some media coverage during the period.
27 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in ClaymoreDelta Global Shipping are ranked lower than 27 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

ClaymoreDelta Global Sharpe Ratio = 0.4123
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Estimated Market Risk

 0.8
  actual daily
 
 93 %
of total potential
  

Expected Return

 0.33
  actual daily
 
 6 %
of total potential
  

Risk-Adjusted Return

 0.41
  actual daily
 
 27 %
of total potential
  
Based on monthly moving average ClaymoreDelta Global is performing at about 27% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ClaymoreDelta Global by adding it to a well-diversified portfolio.

Dividends

ClaymoreDelta Global Dividends Analysis
Check ClaymoreDelta Global dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends