Ishares Bloomberg Roll Etf Profile
| CMDY Etf | USD 49.55 0.19 0.38% |
Performance14 of 100
| Odds Of DistressLess than 9
|
IShares Bloomberg is trading at 49.55 as of the 24th of April 2024; that is -0.38 percent decrease since the beginning of the trading day. The etf's open price was 49.74. IShares Bloomberg has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for iShares Bloomberg Roll are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2023 and ending today, the 24th of April 2024. Click here to learn more.
The index measures the performance of 23 futures contracts across 21 physical agricultural, energy, precious metals and industrial metals commodities. Bberg Roll is traded on NYSEARCA Exchange in the United States. More on iShares Bloomberg Roll
Moving together with IShares Etf
| 0.97 | PDBC | Invesco Optimum Yield Sell-off Trend | PairCorr |
| 0.98 | FTGC | First Trust Global | PairCorr |
| 0.97 | DBC | Invesco DB Commodity Sell-off Trend | PairCorr |
| 0.96 | COMT | iShares GSCI Commodity | PairCorr |
| 0.94 | GSG | iShares SP GSCI | PairCorr |
| 1.0 | DJP | iPath Bloomberg Commodity | PairCorr |
| 1.0 | BCI | abrdn Bloomberg All | PairCorr |
IShares 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. IShares Bloomberg's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Bloomberg or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Commodities Broad Basket, iShares (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 5.45 |
| Name | iShares Bloomberg Roll Select Broad Commodity ETF |
| Currency Code | USD |
| In Threey Volatility | 14.83 |
| 1y Volatility | 10.68 |
| 200 Day M A | 49.6033 |
| 50 Day M A | 47.6936 |
| Code | CMDY |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.4 |
| Type | ETF |
iShares Bloomberg Roll [CMDY] is traded in USA and was established 2018-04-03. The fund is listed under Commodities Broad Basket category and is part of iShares family. iShares Bloomberg Roll currently have 314.07 M in assets under management (AUM). , while the total return for the last 3 years was 7.2%.
Check IShares Bloomberg Probability Of Bankruptcy
Top iShares Bloomberg Roll Etf Constituents
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
| VZ | Verizon Communications | Stock | Communication Services |
IShares Bloomberg Target Price Odds Analysis
Based on a normal probability distribution, the odds of IShares Bloomberg jumping above the current price in 90 days from now is about 5.7%. The iShares Bloomberg Roll probability density function shows the probability of IShares Bloomberg etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IShares Bloomberg has a beta of 0.0766 suggesting as returns on the market go up, IShares Bloomberg average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iShares Bloomberg Roll will be expected to be much smaller as well. Additionally, iShares Bloomberg Roll has an alpha of 0.0983, implying that it can generate a 0.0983 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of IShares Bloomberg to move above the current price in 90 days from now is about 5.7 (This iShares Bloomberg Roll probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
iShares Bloomberg Roll Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Bloomberg market risk premium is the additional return an investor will receive from holding IShares 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 IShares 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 IShares Bloomberg's alpha and beta are two of the key measurements used to evaluate IShares Bloomberg's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1397 | |||
| Jensen Alpha | 0.0983 | |||
| Total Risk Alpha | 0.0359 | |||
| Sortino Ratio | 0.0425 |
IShares Bloomberg Against Markets
Picking the right benchmark for IShares 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 IShares 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 IShares Bloomberg is critical whether you are bullish or bearish towards iShares Bloomberg Roll at a given time. Please also check how IShares 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 IShares 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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| All Next | Launch Module |
How to buy IShares Etf?
Before investing in IShares 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 IShares Bloomberg. To buy IShares Bloomberg etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares 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 IShares Bloomberg etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Bloomberg Roll 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 iShares Bloomberg Roll 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 iShares Bloomberg Roll, 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 IShares Etf please use our How to Invest in IShares Bloomberg guide.
Already Invested in iShares Bloomberg Roll?
The danger of trading iShares Bloomberg Roll 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 IShares 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 IShares Bloomberg. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Bloomberg Roll 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.
When determining whether iShares Bloomberg Roll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Bloomberg's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Bloomberg Roll Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Bloomberg Roll Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in iShares Bloomberg Roll. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the iShares Bloomberg Roll information on this page should be used as a complementary analysis to other IShares 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of iShares Bloomberg Roll is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is IShares 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 IShares Bloomberg's market value can be influenced by many factors that don't directly affect IShares 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 IShares Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares 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.