ETFS Wheat (UK) Risk Analysis And Volatility

WEAT -- UK ETF  

USD 0.61  0.0095  1.53%

Macroaxis considers ETFS Wheat to be unknown risk. ETFS Wheat ETC secures Sharpe Ratio (or Efficiency) of -0.1197 which denotes the etf had -0.1197% of return per unit of return volatility over the last 2 months. Macroaxis approach to predicting risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. ETFS Wheat ETC exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ETFS Wheat ETC Mean Deviation of 0.8536 to check risk estimate we provide.
Horizon     30 Days    Login   to change

ETFS Wheat Market Sensitivity

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.
2 Months Beta |Analyze ETFS Wheat ETC Demand Trend
Check current 30 days ETFS Wheat correlation with market (DOW)
β = 0.0345

ETFS Wheat Central Daily Price Deviation

ETFS Wheat ETC Technical Analysis

Transformation
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ETFS Wheat Projected Return Density Against Market

Assuming 30 trading days horizon, ETFS Wheat has beta of 0.0345 . This means as returns on market go up, ETFS Wheat average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ETFS Wheat ETC will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. ETFS Wheat ETC is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of ETFS Wheat is -835.22. The daily returns are destributed with a variance of 1.39 and standard deviation of 1.18. The mean deviation of ETFS Wheat ETC is currently at 0.93. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.06
β
Beta against DOW=0.0345
σ
Overall volatility
=1.18
Ir
Information ratio =0.11

ETFS Wheat Return Volatility

the entity assumes 1.1783% volatility of returns over the 30 days investment horizon. the entity inherits 1.8152% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

ETFS Wheat Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

ETFS Wheat Investment Opportunity

DOW has a standard deviation of returns of 1.82 and is 1.54 times more volatile than ETFS Wheat ETC. 10% of all equities and portfolios are less risky than ETFS Wheat. Compared to the overall equity markets, volatility of historical daily returns of ETFS Wheat ETC is lower than 10 (%) of all global equities and portfolios over the last 30 days. Use ETFS Wheat ETC to protect your portfolios against small markets fluctuations. The etf experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of ETFS Wheat to be traded at $0.5912 in 30 days. . 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.

ETFS Wheat correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding ETFS Wheat ETC and equity matching DJI index in the same portfolio.

ETFS Wheat Volatility Indicators

ETFS Wheat ETC Current Risk Indicators

See also Your Current Watchlist. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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