Orange Juice Commodity Performance
| OJUSX Commodity | 510.05 15.30 3.09% |
The commodity holds a Beta of -0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Orange Juice are expected to decrease at a much lower rate. During the bear market, Orange Juice is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Orange Juice are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, Orange Juice is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Orange |
Orange Juice Relative Risk vs. Return Landscape
If you would invest 48,855 in Orange Juice on August 24, 2024 and sell it today you would earn a total of 2,150 from holding Orange Juice or generate 4.4% return on investment over 90 days. Orange Juice is currently producing 0.0994% returns and takes up 2.5028% volatility of returns over 90 trading days. Put another way, 22% of traded commoditys are less volatile than Orange, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Orange Juice Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orange Juice's investment risk. Standard deviation is the most common way to measure market volatility of commoditys, such as Orange Juice, and traders can use it to determine the average amount a Orange Juice'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 = 0.0397
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| Cash | Small Risk | OJUSX | High Risk | Huge Risk |
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Orange Juice is performing at about 3% 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 Orange Juice by adding it to a well-diversified portfolio.