|WEAT -- UK ETF|| |
USD 0.61 0.0095 1.53%
The organization shows Beta (market volatility) of 0.0345 which denotes to the fact that as returns on market increase, ETFS Wheat returns are expected to increase less than the market. However during bear market, the loss on holding ETFS Wheat will be expected to be smaller as well. Even though it is essential to pay attention to ETFS Wheat ETC
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach to predicting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. ETFS Wheat ETC exposes twenty-one different technical indicators which can help you to evaluate its performance.
ETFS Wheat ETC Relative Risk vs. Return Landscape
If you would invest 62.50
in ETFS Wheat ETC on January 21, 2019
and sell it today you would lose (1.55)
from holding ETFS Wheat ETC or give up 2.48%
of portfolio value over 30
days. ETFS Wheat ETC is producing return of less than zero assuming 1.1783% volatility of returns over the 30 days investment horizon. Simply put, 10% of all equities have less volatile historical return distribution than ETFS Wheat and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, ETFS Wheat is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.54 times less risky than the market. the firm trades about -0.12 of its potential returns per unit of risk. The DOW is currently generating roughly 0.28 of returns per unit of risk over similar time horizon.
ETFS Wheat Market Risk Analysis
Sharpe Ratio = -0.1197
ETFS Wheat Relative Performance Indicators
Estimated Market Risk
| || |
| || |
| || |
Based on monthly moving average ETFS Wheat is performing at about 0% 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 ETFS Wheat
by adding it to a well-diversified
Over the last 30 days ETFS Wheat ETC has generated negative risk-adjusted returns adding no value to investors with long positions.
|ETFS Wheat ETC is not yet fully synchronised with the market data|
|ETFS Wheat ETC generates negative expected return over the last 30 days|
|ETFS Wheat ETC has some characteristics of a very speculative penny stock|
|Fifty Two Week Low||0.6025|
|Fifty Two Week High||0.7490|