Ipath Bloomberg Commodity Etf Performance
| DJP Etf | USD 33.92 0.28 0.82% |
The etf retains a Market Volatility (i.e., Beta) of -0.0642, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IPath Bloomberg are expected to decrease at a much lower rate. During the bear market, IPath Bloomberg is likely to outperform the market.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in iPath Bloomberg Commodity are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak forward-looking indicators, IPath Bloomberg may actually be approaching a critical reversion point that can send shares even higher in February 2025. ...more
| In Threey Sharp Ratio | 0.05 |
IPath |
IPath Bloomberg Relative Risk vs. Return Landscape
If you would invest 3,179 in iPath Bloomberg Commodity on October 20, 2024 and sell it today you would earn a total of 213.00 from holding iPath Bloomberg Commodity or generate 6.7% return on investment over 90 days. iPath Bloomberg Commodity is generating 0.1089% of daily returns assuming volatility of 0.9292% on return distribution over 90 days investment horizon. In other words, 8% of etfs are less volatile than IPath, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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IPath Bloomberg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IPath Bloomberg's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iPath Bloomberg Commodity, and traders can use it to determine the average amount a IPath 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 = 0.1172
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| Cash | DJP | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average IPath Bloomberg is performing at about 9% 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 IPath Bloomberg by adding it to a well-diversified portfolio.
IPath Bloomberg Fundamentals Growth
IPath Etf prices reflect investors' perceptions of the future prospects and financial health of IPath Bloomberg, and IPath 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 IPath Etf performance.
| Total Asset | 1.01 B | |||
About IPath Bloomberg Performance
Assessing IPath Bloomberg's fundamental ratios provides investors with valuable insights into IPath Bloomberg's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IPath Bloomberg is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The Dow Jones-UBS Commodity Index Total ReturnService Mark reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. Ipath 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 iPath 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 inflation. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of iPath Bloomberg Commodity is measured differently than its book value, which is the value of IPath that is recorded on the company's balance sheet. Investors also form their own opinion of IPath Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is IPath 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 IPath Bloomberg's market value can be influenced by many factors that don't directly affect IPath 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 IPath Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if IPath Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IPath 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.