Crude Oil Commodity Performance
| CLUSD Commodity | 70.10 1.23 1.79% |
The commodity shows a Beta (market volatility) of 0.0436, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Crude Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Crude Oil is expected to be smaller as well.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Crude Oil has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Commodity's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for Crude Oil shareholders. ...more
Crude |
Crude Oil Relative Risk vs. Return Landscape
If you would invest 7,742 in Crude Oil on August 24, 2024 and sell it today you would lose (732.00) from holding Crude Oil or give up 9.45% of portfolio value over 90 days. Crude Oil is currently producing negative expected returns and takes up 2.2973% volatility of returns over 90 trading days. Put another way, 20% of traded commoditys are less volatile than Crude, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Crude Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crude Oil's investment risk. Standard deviation is the most common way to measure market volatility of commoditys, such as Crude Oil, and traders can use it to determine the average amount a Crude Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0551
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| Negative Returns | CLUSD |
Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Crude Oil is not performing at its full potential. However, 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 Crude Oil by adding Crude Oil to a well-diversified portfolio.
| Crude Oil generated a negative expected return over the last 90 days |