Abrdn Etf Profile
BCD Etf | USD 33.08 0.36 1.08% |
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Abrdn Bloomberg is trading at 33.08 as of the 2nd of October 2023, a -1.08 percent decrease since the beginning of the trading day. The etf's lowest day price was 33.02. Abrdn Bloomberg has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Abrdn Bloomberg All are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2023 and ending today, the 2nd of October 2023. Click here to learn more.
The index is a three-month forward version of the Bloomberg Commodity Index Total ReturnSM , which reflects the return on a fully collateralized investment in the Bloomberg Commodity IndexSM . All Commodity is traded on NYSEARCA Exchange in the United States. More on Abrdn Bloomberg All
Moving together with Abrdn Etf
+ | 0.91 | PDBC | Invesco Optimum Yield | PairCorr | ||
+ | 0.97 | FTGC | First Trust Global | PairCorr | ||
+ | 0.91 | DBC | Invesco DB Commodity | PairCorr | ||
+ | 0.87 | COMT | IShares GSCI Commodity | PairCorr | ||
+ | 0.84 | GSG | IShares SP GSCI | PairCorr | ||
+ | 0.99 | DJP | IPath Bloomberg Commodity | PairCorr | ||
+ | 0.99 | BCI | Abrdn Bloomberg All | PairCorr |
Moving against Abrdn Etf
Abrdn Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Abrdn Bloomberg's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Abrdn Bloomberg or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Idea | Broad Commodities ETFs (view all) |
Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Abrdn Bloomberg's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong BuyUndervalued |
Issuer | abrdn ETFs Advisors |
Inception Date | 2017-03-30 |
Benchmark | Bloomberg Commodity Index 3 Month Forward Total Return |
Entity Type | Regulated Investment Company |
Average Trading Valume | 115,453.6 |
Asset Type | Commodities |
Category | Broad Commodities |
Focus | Broad Commodities |
Market Concentration | Blended Development |
Region | Global |
Administrator | abrdn Inc. |
Advisor | abrdn ETFs Advisors LLC |
Custodian | State Street Bank and Trust Company |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | Austin Wen, Ryan Dofflemeyer |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Dec |
Exchange | NYSE Arca, Inc. |
Market Maker | Virtu Financial |
Total Expense | 0.35 |
Management Fee | 0.35 |
Nav Price | 35.63 |
Two Hundred Day Average | 37.47 |
Ytd | 14.82% |
Average Daily Volume In Three Month | 48.52k |
Fifty Two Week Low | 29.86 |
As Of Date | 25th of October 2022 |
Average Daily Volume Last 10 Day | 35.04k |
Fifty Two Week High | 42.61 |
One Month | 0.65% |
Fifty Day Average | 35.81 |
Three Month | -2.73% |
Beta In Three Year | 0.91 |
Abrdn Bloomberg All [BCD] is traded in USA and was established 2017-03-30. The fund is classified under Commodities Broad Basket category within Aberdeen Standard Investments family. The entity is thematically classified as Broad Commodities ETFs. Abrdn Bloomberg All currently have 274.64 M in assets under management (AUM). , while the total return for the last 3 years was 17.77%.
Check Abrdn Bloomberg Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Abrdn Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Abrdn Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Abrdn Bloomberg All Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Abrdn Bloomberg All Etf Constituents
C | Citigroup | Stock | Financials |
W | Wayfair | Stock | Consumer Discretionary |
S | SentinelOne | Stock | Information Technology |
Abrdn Bloomberg Target Price Odds Analysis
What are Abrdn Bloomberg's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Abrdn Bloomberg jumping above the current price in 90 days from now is about 59.87%. The Abrdn Bloomberg All probability density function shows the probability of Abrdn Bloomberg etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Abrdn Bloomberg has a beta of 0.5425 suggesting as returns on the market go up, Abrdn Bloomberg average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Abrdn Bloomberg All will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0782, implying that it can generate a 0.0782 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Abrdn Bloomberg to move above the current price in 90 days from now is about 59.87 (This Abrdn Bloomberg All probability density function shows the probability of Abrdn Etf to fall within a particular range of prices over 90 days) .
Abrdn Bloomberg Top Holders
BCD | Abrdn Bloomberg All | Etf | Commodities Broad Basket |
Abrdn Bloomberg Major Institutional Holders
Institutional Holdings refers to the ownership stake in Abrdn Bloomberg that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Abrdn Bloomberg's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Abrdn Bloomberg's value.Instituion | Last Transaction | Type | Shares | Value | |
Great Lakes Advisors Llc | 2023-06-30 | Fund Units | 990.8 K | 31.6 M | |
Aire Advisors Llc | 2023-06-30 | Fund Units | 229.1 K | 7.3 M | |
Perigon Wealth Management Llc | 2023-06-30 | Fund Units | 215.7 K | 6.9 M | |
Cambridge Investment Research Advisors Inc | 2023-06-30 | Fund Units | 207.9 K | 6.6 M | |
Lpl Financial Llc | 2023-06-30 | Fund Units | 163.1 K | 5.2 M | |
Envestnet Asset Management Inc | 2023-06-30 | Fund Units | 158.6 K | 5.1 M | |
Susquehanna International Group Llp | 2022-09-30 | Fund Units | 107.1 K | 3.7 M | |
Jane Street Group Llc | 2023-06-30 | Fund Units | 114 K | 3.6 M | |
Bank Of Montreal | 2023-06-30 | Fund Units | 103.6 K | 3.4 M | |
Flputnam Investment Management Co | 2023-06-30 | Fund Units | 96.4 K | 3.1 M | |
Townsquare Capital Llc | 2022-12-31 | Fund Units | 79.2 K | 2.7 M |
Abrdn Bloomberg All Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Abrdn Bloomberg market risk premium is the additional return an investor will receive from holding Abrdn Bloomberg long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Abrdn Bloomberg. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Abrdn Bloomberg's alpha and beta are two of the key measurements used to evaluate Abrdn Bloomberg's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.4218 | |||
Semi Deviation | 0.3936 | |||
Standard Deviation | 0.5317 | |||
Variance | 0.2827 |
Abrdn Bloomberg All Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Abrdn Bloomberg All Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Abrdn Bloomberg price patterns..
Abrdn Bloomberg Against Markets
Picking the right benchmark for Abrdn Bloomberg etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Abrdn Bloomberg etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Abrdn Bloomberg is critical whether you are bullish or bearish towards Abrdn Bloomberg All at a given time. Please also check how Abrdn Bloomberg's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Abrdn Bloomberg without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Abrdn Etf?
Before investing in Abrdn Bloomberg, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Abrdn Bloomberg. To buy Abrdn Bloomberg etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Abrdn Bloomberg. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Abrdn Bloomberg etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Abrdn Bloomberg All etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Abrdn Bloomberg All etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Abrdn Bloomberg All, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Abrdn Etf please use our How to Invest in Abrdn Bloomberg guide.
Already Invested in Abrdn Bloomberg All?
The danger of trading Abrdn Bloomberg All is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Abrdn Bloomberg is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Abrdn Bloomberg. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Abrdn Bloomberg All is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abrdn Bloomberg All. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in interest. Note that the Abrdn Bloomberg All information on this page should be used as a complementary analysis to other Abrdn Bloomberg's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Abrdn Etf analysis
When running Abrdn Bloomberg's price analysis, check to measure Abrdn Bloomberg's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abrdn Bloomberg is operating at the current time. Most of Abrdn Bloomberg's value examination focuses on studying past and present price action to predict the probability of Abrdn Bloomberg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abrdn Bloomberg's price. Additionally, you may evaluate how the addition of Abrdn Bloomberg to your portfolios can decrease your overall portfolio volatility.
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The market value of Abrdn Bloomberg All is measured differently than its book value, which is the value of Abrdn that is recorded on the company's balance sheet. Investors also form their own opinion of Abrdn Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is Abrdn Bloomberg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abrdn Bloomberg's market value can be influenced by many factors that don't directly affect Abrdn Bloomberg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abrdn Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Bloomberg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.