Graniteshares Bloomberg Commodity Etf Volatility
| COMB Etf | USD 20.86 0.31 1.51% |
We consider GraniteShares Bloomberg very steady. GraniteShares Bloomberg holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for GraniteShares Bloomberg, which you can use to evaluate the volatility of the entity. Please check out GraniteShares Bloomberg's risk adjusted performance of 0.1024, and Market Risk Adjusted Performance of 0.316 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. Key indicators related to GraniteShares Bloomberg's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
GraniteShares Bloomberg Etf volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of GraniteShares daily returns, and it is calculated using variance and standard deviation. We also use GraniteShares's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of GraniteShares Bloomberg volatility.
GraniteShares |
Downward market volatility can be a perfect environment for investors who play the long game with GraniteShares Bloomberg. They may decide to buy additional shares of GraniteShares Bloomberg at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with GraniteShares Etf
| 0.8 | PDBC | Invesco Optimum Yield | PairCorr |
| 0.9 | FTGC | First Trust Global | PairCorr |
| 0.82 | DBC | Invesco DB Commodity | PairCorr |
| 0.68 | COMT | iShares GSCI Commodity | PairCorr |
| 1.0 | DJP | iPath Bloomberg Commodity | PairCorr |
| 1.0 | BCI | abrdn Bloomberg All | PairCorr |
| 1.0 | CMDY | iShares Bloomberg Roll | PairCorr |
Moving against GraniteShares Etf
GraniteShares Bloomberg Market Sensitivity And Downside Risk
GraniteShares Bloomberg's beta coefficient measures the volatility of GraniteShares etf compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents GraniteShares etf's returns against your selected market. In other words, GraniteShares Bloomberg's beta of 0.35 provides an investor with an approximation of how much risk GraniteShares Bloomberg etf can potentially add to one of your existing portfolios. GraniteShares Bloomberg Commodity exhibits relatively low volatility with skewness of -0.07 and kurtosis of 0.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure GraniteShares Bloomberg's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact GraniteShares Bloomberg's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze GraniteShares Bloomberg Demand TrendCheck current 90 days GraniteShares Bloomberg correlation with market (NYSE Composite)GraniteShares Beta |
GraniteShares standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 0.74 |
It is essential to understand the difference between upside risk (as represented by GraniteShares Bloomberg's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of GraniteShares Bloomberg's daily returns or price. Since the actual investment returns on holding a position in graniteshares etf tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in GraniteShares Bloomberg.
Using GraniteShares Put Option to Manage Risk
Put options written on GraniteShares Bloomberg grant holders of the option the right to sell a specified amount of GraniteShares Bloomberg at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of GraniteShares Etf cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge GraniteShares Bloomberg's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding GraniteShares Bloomberg will be realized, the loss incurred will be offset by the profits made with the option trade.
GraniteShares Bloomberg's PUT expiring on 2024-06-21
Profit |
| GraniteShares Bloomberg Price At Expiration |
GraniteShares Bloomberg Etf Volatility Analysis
Volatility refers to the frequency at which GraniteShares Bloomberg etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with GraniteShares Bloomberg's price changes. Investors will then calculate the volatility of GraniteShares Bloomberg's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of GraniteShares Bloomberg's volatility:
Historical Volatility
This type of etf volatility measures GraniteShares Bloomberg's fluctuations based on previous trends. It's commonly used to predict GraniteShares Bloomberg's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for GraniteShares Bloomberg's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on GraniteShares Bloomberg's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. GraniteShares Bloomberg Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
GraniteShares Bloomberg Projected Return Density Against Market
Given the investment horizon of 90 days GraniteShares Bloomberg has a beta of 0.3506 suggesting as returns on the market go up, GraniteShares Bloomberg average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding GraniteShares Bloomberg Commodity will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to GraniteShares Bloomberg or Graniteshares sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that GraniteShares Bloomberg's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a GraniteShares etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
GraniteShares Bloomberg Commodity has an alpha of 0.0983, implying that it can generate a 0.0983 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a GraniteShares Bloomberg Price Volatility?
Several factors can influence a etf's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.GraniteShares Bloomberg Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of GraniteShares Bloomberg is 708.68. The daily returns are distributed with a variance of 0.55 and standard deviation of 0.74. The mean deviation of GraniteShares Bloomberg Commodity is currently at 0.57. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
α | Alpha over NYSE Composite | 0.1 | |
β | Beta against NYSE Composite | 0.35 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | 0.11 |
GraniteShares Bloomberg Etf Return Volatility
GraniteShares Bloomberg historical daily return volatility represents how much of GraniteShares Bloomberg etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF inherits 0.7434% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.6324% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About GraniteShares Bloomberg Volatility
Volatility is a rate at which the price of GraniteShares Bloomberg or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of GraniteShares Bloomberg may increase or decrease. In other words, similar to GraniteShares's beta indicator, it measures the risk of GraniteShares Bloomberg and helps estimate the fluctuations that may happen in a short period of time. So if prices of GraniteShares Bloomberg fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.The fund is an actively managed ETF that seeks to provide long-term capital appreciation, primarily through exposure to commodity futures markets. Commodity Broad is traded on NYSEARCA Exchange in the United States.
GraniteShares Bloomberg's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on GraniteShares Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much GraniteShares Bloomberg's price varies over time.
3 ways to utilize GraniteShares Bloomberg's volatility to invest better
Higher GraniteShares Bloomberg's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of GraniteShares Bloomberg etf is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. GraniteShares Bloomberg etf volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of GraniteShares Bloomberg investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in GraniteShares Bloomberg's etf can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of GraniteShares Bloomberg's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
GraniteShares Bloomberg Investment Opportunity
GraniteShares Bloomberg Commodity has a volatility of 0.74 and is 1.17 times more volatile than NYSE Composite. 6 percent of all equities and portfolios are less risky than GraniteShares Bloomberg. You can use GraniteShares Bloomberg Commodity to enhance the returns of your portfolios. The etf experiences a large bullish trend. Check odds of GraniteShares Bloomberg to be traded at $22.95 in 90 days.Weak diversification
The correlation between GraniteShares Bloomberg Commod and NYA is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GraniteShares Bloomberg Commod and NYA in the same portfolio, assuming nothing else is changed.
GraniteShares Bloomberg Additional Risk Indicators
The analysis of GraniteShares Bloomberg's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in GraniteShares Bloomberg's investment and either accepting that risk or mitigating it. Along with some common measures of GraniteShares Bloomberg etf's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1024 | |||
| Market Risk Adjusted Performance | 0.316 | |||
| Mean Deviation | 0.5637 | |||
| Semi Deviation | 0.5093 | |||
| Downside Deviation | 0.7013 | |||
| Coefficient Of Variation | 619.35 | |||
| Standard Deviation | 0.7265 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
GraniteShares Bloomberg Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against GraniteShares Bloomberg as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. GraniteShares Bloomberg's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, GraniteShares Bloomberg's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to GraniteShares Bloomberg Commodity.
Additional Information and Resources on Investing in GraniteShares Etf
When determining whether GraniteShares Bloomberg offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GraniteShares Bloomberg's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Graniteshares Bloomberg Commodity Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Graniteshares Bloomberg Commodity Etf:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GraniteShares 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 population. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of GraniteShares Bloomberg is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 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 GraniteShares Bloomberg's market value can be influenced by many factors that don't directly affect GraniteShares 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 GraniteShares Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 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.