Graniteshares Bloomberg Commodity Etf Performance
| COMB Etf | USD 20.26 0.12 0.59% |
The etf retains a Market Volatility (i.e., Beta) of 0.0389, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GraniteShares Bloomberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding GraniteShares Bloomberg is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in GraniteShares Bloomberg Commodity are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong primary indicators, GraniteShares Bloomberg is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
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| In Threey Sharp Ratio | -0.08 |
GraniteShares |
GraniteShares Bloomberg Relative Risk vs. Return Landscape
If you would invest 1,979 in GraniteShares Bloomberg Commodity on August 27, 2024 and sell it today you would earn a total of 59.00 from holding GraniteShares Bloomberg Commodity or generate 2.98% return on investment over 90 days. GraniteShares Bloomberg Commodity is currently generating 0.0492% in daily expected returns and assumes 0.8147% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than GraniteShares, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
GraniteShares Bloomberg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GraniteShares Bloomberg's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as GraniteShares Bloomberg Commodity, and traders can use it to determine the average amount a GraniteShares Bloomberg'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 = 0.0604
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| Negative Returns | COMB |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average GraniteShares Bloomberg is performing at about 4% of its full potential. 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 GraniteShares Bloomberg by adding it to a well-diversified portfolio.
GraniteShares Bloomberg Fundamentals Growth
GraniteShares Etf prices reflect investors' perceptions of the future prospects and financial health of GraniteShares Bloomberg, and GraniteShares Bloomberg fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on GraniteShares Etf performance.
| Total Asset | 279.9 M | |||
About GraniteShares Bloomberg Performance
By analyzing GraniteShares Bloomberg's fundamental ratios, stakeholders can gain valuable insights into GraniteShares Bloomberg's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if GraniteShares Bloomberg has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if GraniteShares Bloomberg has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund is an actively managed ETF that seeks to provide long-term capital appreciation, primarily through exposure to commodity futures markets. Commodity Broad is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Technical Pivots with Risk Controls - Stock Traders Daily | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares Bloomberg Commodity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of GraniteShares Bloomberg is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 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 GraniteShares Bloomberg's market value can be influenced by many factors that don't directly affect GraniteShares 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 GraniteShares Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 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.