Soybean Meal Futures Commodity Performance
| ZMUSD Commodity | 295.90 4.40 1.51% |
The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Soybean Meal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Soybean Meal is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Soybean Meal Futures has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Soybean Meal is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Soybean |
Soybean Meal Relative Risk vs. Return Landscape
If you would invest 31,080 in Soybean Meal Futures on August 28, 2024 and sell it today you would lose (1,490) from holding Soybean Meal Futures or give up 4.79% of portfolio value over 90 days. Soybean Meal Futures is currently producing negative expected returns and takes up 1.3326% volatility of returns over 90 trading days. Put another way, 11% of traded commoditys are less volatile than Soybean, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Soybean Meal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Soybean Meal's investment risk. Standard deviation is the most common way to measure market volatility of commoditys, such as Soybean Meal Futures, and traders can use it to determine the average amount a Soybean Meal'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 = -0.0511
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| Negative Returns | ZMUSD |
Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Soybean Meal is not performing at its full potential. However, 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 Soybean Meal by adding Soybean Meal to a well-diversified portfolio.
| Soybean Meal Futures generated a negative expected return over the last 90 days |