Bloomberg Commodity Index Performance
| BCOM Index | 98.67 0.37 0.37% |
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Bloomberg Commodity are completely uncorrelated.
Bloomberg Commodity Relative Risk vs. Return Landscape
If you would invest 9,675 in Bloomberg Commodity on September 15, 2024 and sell it today you would earn a total of 192.00 from holding Bloomberg Commodity or generate 1.98% return on investment over 90 days. Bloomberg Commodity is generating 0.0325% of daily returns and assumes 0.7454% volatility on return distribution over the 90 days horizon. Simply put, 6% of indexs are less volatile than Bloomberg, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bloomberg Commodity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bloomberg Commodity's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as Bloomberg Commodity, and traders can use it to determine the average amount a Bloomberg Commodity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0436
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BCOM |
Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bloomberg Commodity is performing at about 3% 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 Bloomberg Commodity by adding it to a well-diversified portfolio.