|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.One Month Beta |Analyze ETFS Commodity Secur Demand TrendCheck current 30 days ETFS Wheat correlation with market (DOW)|
β = 0.3482
ETFS Commodity Secur Technical Analysis
ETFS Wheat Projected Return Density Against MarketAssuming 30 trading days horizon, ETFS Wheat has beta of 0.3482 . 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. Moreover, ETFS Wheat ETC has an alpha of 0.0202 implying that it can potentially generate 0.0202% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
ETFS Wheat Return VolatilityETFS Wheat ETC assumes 1.0447% volatility of returns over the 30 days investment horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.