Etracs Bloomberg Commodity Etf Performance
| DJCB Etf | USD 20.38 0.71 3.37% |
The etf shows a Beta (market volatility) of 0.66, which means possible diversification benefits within a given portfolio. As returns on the market increase, ETRACS Bloomberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETRACS Bloomberg is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ETRACS Bloomberg Commodity are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong fundamental indicators, ETRACS Bloomberg is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Etracs Commodity Index TR ETN Quote - Press Release - The Globe and Mail | 09/10/2024 |
| In Threey Sharp Ratio | -0.06 |
ETRACS |
ETRACS Bloomberg Relative Risk vs. Return Landscape
If you would invest 2,016 in ETRACS Bloomberg Commodity on August 30, 2024 and sell it today you would earn a total of 22.00 from holding ETRACS Bloomberg Commodity or generate 1.09% return on investment over 90 days. ETRACS Bloomberg Commodity is currently generating 0.0484% in daily expected returns and assumes 2.5169% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of etfs are less volatile than ETRACS, 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 |
ETRACS Bloomberg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRACS Bloomberg's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETRACS Bloomberg Commodity, and traders can use it to determine the average amount a ETRACS 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 = 0.0192
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| Negative Returns | DJCB |
Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ETRACS Bloomberg is performing at about 1% 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 ETRACS Bloomberg by adding it to a well-diversified portfolio.
ETRACS Bloomberg Fundamentals Growth
ETRACS Etf prices reflect investors' perceptions of the future prospects and financial health of ETRACS Bloomberg, and ETRACS 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 ETRACS Etf performance.
| Total Asset | 116.44 M | |||
About ETRACS Bloomberg Performance
By analyzing ETRACS Bloomberg's fundamental ratios, stakeholders can gain valuable insights into ETRACS Bloomberg's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ETRACS 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 ETRACS Bloomberg has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index is composed of the prices of twenty-one exchange-traded futures contracts on physical commodities. Etracs Commodity is traded on NYSEARCA Exchange in the United States.| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ETRACS 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 main economic indicators. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of ETRACS Bloomberg Com is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is ETRACS 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 ETRACS Bloomberg's market value can be influenced by many factors that don't directly affect ETRACS 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 ETRACS Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS 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.