ClaymoreDelta Global Risk Analysis

ClaymoreDelta Global Shipping -- USA Etf  

USD 10.99  0.11  1.01%

Macroaxis considers ClaymoreDelta Global to be not very risky. ClaymoreDelta Global secures Sharpe Ratio (or Efficiency) of -0.0607 which signifies that ClaymoreDelta Global had -0.0607% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in 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. ClaymoreDelta Global Shipping exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ClaymoreDelta Global Mean Deviation of 0.8876 and Risk Adjusted Performance of 0.17 to double-check risk estimate we provide.
 Time Horizon     30 Days    Login   to change

ClaymoreDelta Global Market Sensitivity

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.
2 Months Beta |Analyze ClaymoreDelta Global Demand Trend
Check current 30 days ClaymoreDelta Global correlation with market (DOW)
β = 0.2316
ClaymoreDelta Global Small BetaClaymoreDelta Global Beta Legend

ClaymoreDelta Global Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of thirty-nine. ClaymoreDelta Global 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

Considering 30-days investment horizon, ClaymoreDelta Global has beta of 0.2316 . This entails as returns on market go up, ClaymoreDelta Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ClaymoreDelta Global Shipping will be expected to be much smaller as well. Additionally, ClaymoreDelta Global Shipping 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 
Considering 30-days investment horizon, the coefficient of variation of ClaymoreDelta Global is -1646.09. The daily returns are destributed with a variance of 1.28 and standard deviation of 1.13. The mean deviation of ClaymoreDelta Global Shipping is currently at 0.9. For similar time horizon, the selected benchmark (DOW) has volatility of 1.69
α
Alpha over DOW
=0.11
β
Beta against DOW=0.23
σ
Overall volatility
=1.13
Ir
Information ratio =0.08

Actual Return Volatility

ClaymoreDelta Global Shipping has volatility of 1.1309% on return distribution over 30 days investment horizon. DOW inherits 1.4217% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

ClaymoreDelta Global Volatility Factors

60 Days Market Risk

Not very risky

Chance of Distress in 24 months

Almost imposible

60 Days Economic Sensitivity

Slowly supersedes market

Investment Outlook

ClaymoreDelta Global Investment Opportunity
DOW has a standard deviation of returns of 1.42 and is 1.26 times more volatile than ClaymoreDelta Global Shipping. 10% of all equities and portfolios are less risky than ClaymoreDelta Global. Compared to the overall equity markets, volatility of historical daily returns of ClaymoreDelta Global Shipping is lower than 10 (%) of all global equities and portfolios over the last 30 days. Use ClaymoreDelta Global Shipping to enhance returns of your portfolios. The etf experiences large bullish trend. Check odds of ClaymoreDelta Global to be traded at $12.09 in 30 days. 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.

ClaymoreDelta Global correlation with market

Weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding ClaymoreDelta Global Shipping and equity matching DJI index in the same portfolio.

Volatility Indicators

ClaymoreDelta Global Current Risk Indicators
Also please take a look at World Market Map. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.