DB Commodity Etf Profile

DBC
 Etf
  

USD 24.87  0.51  2.01%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
DB Commodity is trading at 24.87 as of the 10th of August 2022, a -2.01 percent decrease since the beginning of the trading day. The etf's open price was 25.38. DB Commodity has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for DB Commodity Index are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of April 2022 and ending today, the 10th of August 2022. Click here to learn more.
The fund pursues its investment objective by investing in a portfolio of exchange-traded futures on Light Sweet Crude Oil , Heating Oil, RBOB Gasoline, Natural Gas, Brent Crude, Gold, Silver, Aluminum, Zinc, Copper Grade A, Corn, Wheat, Soybeans, and Sugar. More on DB Commodity Index

Moving together with DB Commodity

0.65JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
0.74HPQHP Inc Fiscal Year End 22nd of November 2022 PairCorr

DB Commodity 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. DB Commodity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DB Commodity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
DB Commodity Index generated a negative expected return over the last 90 days
The fund generated-1.0 ten year return of -1.0%
DB Commodity Index retains most of the assets under management (AUM) in different types of exotic instruments.
CEOAndrew Schlossberg
Macroaxis Advice
Unlike general analyst consensus, Macroaxis 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 DB Commodity's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerInvesco
DescriptionInvesco DB Commodity Index Tracking Fund
Inception Date2006-02-03
BenchmarkDBIQ Optimum Yield Diversified Commodity Index Excess Return
Entity TypePartnership
Asset Under Management3.52 Billion
Average Trading Valume3.61 Million
Asset TypeCommodities
CategoryBroad Commodities
FocusBroad Commodities
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeWilmington Trust Company
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents30.0
Market MakerSusquehanna
Total Expense0.87
Management Fee0.85
Nav Price26.16
Two Hundred Day Average24.56
Ytd20.49%
Average Daily Volume In Three Month4.32M
Fifty Two Week Low17.89
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day3.74M
Fifty Two Week High30.64
One Month-11.59%
Fifty Day Average27.18
DB Commodity Index [DBC] is traded in USA and was established 2006-02-03. The fund is classified under Commodities Broad Basket category within Invesco family. DB Commodity Index currently have 4.2 B in assets under management (AUM). , while the total return for the last 3 years was 17.89%.
Check DB Commodity Probability Of Bankruptcy

Geographic Allocation (%)

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 DB Commodity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding DB Commodity 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 DB Commodity Index 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 DB Commodity Index Constituents

DB Commodity Target Price Odds Analysis

What are DB Commodity's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of DB Commodity jumping above the current price in 90 days from now is about 91.12%. The DB Commodity Index probability density function shows the probability of DB Commodity etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon DB Commodity has a beta of 0.4379 suggesting as returns on the market go up, DB Commodity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DB Commodity Index will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. DB Commodity Index is significantly underperforming DOW.
  Odds Below 24.87HorizonTargetOdds Above 24.87
8.80%90 days
 24.87 
91.12%
Based on a normal probability distribution, the odds of DB Commodity to move above the current price in 90 days from now is about 91.12 (This DB Commodity Index probability density function shows the probability of DB Commodity Etf to fall within a particular range of prices over 90 days) .

DB Commodity Top Holders

DB Commodity Index Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. DB Commodity market risk premium is the additional return an investor will receive from holding DB Commodity 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 DB Commodity. 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 DB Commodity's alpha and beta are two of the key measurements used to evaluate DB Commodity's performance over the market, the standard measures of volatility play an important role as well.

DB Commodity Index Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. DB Commodity Index Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe DB Commodity price patterns.
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DB Commodity Against Markets

Picking the right benchmark for DB Commodity 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 DB Commodity 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 DB Commodity is critical whether you are bullish or bearish towards DB Commodity Index at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in DB Commodity without increasing your portfolio risk or giving up 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.

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Invested in DB Commodity Index?

You need to understand the risk of investing before taking a position in DB Commodity. The danger of trading DB Commodity Index 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 DB Commodity 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 DB Commodity. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DB Commodity Index 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.
Continue to Investing Opportunities. Note that the DB Commodity Index information on this page should be used as a complementary analysis to other DB Commodity'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for DB Commodity Etf analysis

When running DB Commodity Index price analysis, check to measure DB Commodity'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 DB Commodity is operating at the current time. Most of DB Commodity's value examination focuses on studying past and present price action to predict the probability of DB Commodity's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DB Commodity's price. Additionally, you may evaluate how the addition of DB Commodity to your portfolios can decrease your overall portfolio volatility.
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The market value of DB Commodity Index is measured differently than its book value, which is the value of DB Commodity that is recorded on the company's balance sheet. Investors also form their own opinion of DB Commodity's value that differs from its market value or its book value, called intrinsic value, which is DB Commodity'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 DB Commodity's market value can be influenced by many factors that don't directly affect DB Commodity'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 DB Commodity's value and its price as these two are different measures arrived at by different means. Investors typically determine DB Commodity value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DB Commodity'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.