Gasoline Rbob Commodity Performance
| RBUSD Commodity | 2.06 0.01 0.48% |
The commodity retains a Market Volatility (i.e., Beta) of -0.53, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gasoline RBOB are expected to decrease at a much lower rate. During the bear market, Gasoline RBOB is likely to outperform the market.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Gasoline RBOB are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Gasoline RBOB is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Gasoline |
Gasoline RBOB Relative Risk vs. Return Landscape
If you would invest 202.00 in Gasoline RBOB on November 3, 2024 and sell it today you would earn a total of 4.00 from holding Gasoline RBOB or generate 1.98% return on investment over 90 days. Gasoline RBOB is currently producing 0.0386% returns and takes up 1.2764% volatility of returns over 90 trading days. Put another way, 11% of traded commoditys are less volatile than Gasoline, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Gasoline RBOB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gasoline RBOB's investment risk. Standard deviation is the most common way to measure market volatility of commoditys, such as Gasoline RBOB, and traders can use it to determine the average amount a Gasoline RBOB'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 = 0.0303
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RBUSD |
Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Gasoline RBOB is performing at about 2% 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 Gasoline RBOB by adding it to a well-diversified portfolio.