Ipath Bloomberg Commodity Etf Performance
| DJP Etf | USD 31.72 0.29 0.91% |
The etf retains a Market Volatility (i.e., Beta) of 0.0764, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IPath Bloomberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding IPath 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 iPath Bloomberg Commodity are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable forward-looking indicators, IPath Bloomberg is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
1 | Learn to Evaluate using the Charts - Stock Traders Daily | 04/30/2024 |
| In Threey Sharp Ratio | 0.44 |
IPath |
IPath Bloomberg Relative Risk vs. Return Landscape
If you would invest 2,987 in iPath Bloomberg Commodity on February 2, 2024 and sell it today you would earn a total of 185.00 from holding iPath Bloomberg Commodity or generate 6.19% return on investment over 90 days. iPath Bloomberg Commodity is generating 0.0989% of daily returns assuming volatility of 0.6314% on return distribution over 90 days investment horizon. In other words, 5% of etfs are less volatile than IPath, and above 99% 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 = 0.1567
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Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average IPath Bloomberg is performing at about 12% 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
To evaluate iPath Bloomberg Commodity Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IPath Bloomberg generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IPath Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand iPath Bloomberg Commodity market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IPath's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
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.| Latest headline from news.google.com: Learn to Evaluate using the Charts - Stock Traders Daily | |
| The fund generated-2.0 ten year return of -2.0% | |
| iPath Bloomberg Commodity 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 tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.