Macroaxis considers ETFS Wheat exceptionally risky given 1 month investment horizon. ETFS Commodity Secur secures Sharpe Ratio (or Efficiency) of 0.2154 which denotes ETFS Commodity Secur had 0.2154% of return per unit of return volatility over the last 1 month. Our approach to predicting volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ETFS Wheat ETC which you can use to evaluate future volatility of the entity. Please utilize ETFS Commodity Secur Downside Deviation of 1.47 and Mean Deviation of 1.48 to check if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
ETFS Commodity Secur Technical Analysis
Projected Return Density Against MarketAssuming 30 trading days horizon, ETFS Wheat has beta of 0.0 . This means unless we do not have required data, the returns on DOW and ETFS Wheat are completely uncorrelated. Furthermore, ETFS Wheat ETCIt does not look like ETFS Wheat alpha can have any bearing on the equity current valuation.
Predicted Return Density