Simplify Commodities Strategy Etf Performance
| HARD Etf | 26.54 0.10 0.38% |
The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Simplify Commodities are expected to decrease at a much lower rate. During the bear market, Simplify Commodities is likely to outperform the market.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Simplify Commodities Strategy are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Simplify Commodities may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Hard Assets to the Rescue Gold, Bitcoin Commodities - ETF Trends | 10/25/2024 |
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Simplify Commodities Relative Risk vs. Return Landscape
If you would invest 2,405 in Simplify Commodities Strategy on September 3, 2024 and sell it today you would earn a total of 249.00 from holding Simplify Commodities Strategy or generate 10.35% return on investment over 90 days. Simplify Commodities Strategy is currently generating 0.1593% in daily expected returns and assumes 1.0325% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Simplify, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Simplify Commodities Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Simplify Commodities' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Simplify Commodities Strategy, and traders can use it to determine the average amount a Simplify Commodities' 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 = 0.1543
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Simplify Commodities is performing at about 12% 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 Simplify Commodities by adding it to a well-diversified portfolio.
About Simplify Commodities Performance
By analyzing Simplify Commodities' fundamental ratios, stakeholders can gain valuable insights into Simplify Commodities' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Simplify Commodities has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Simplify Commodities has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Simplify Commodities is entity of United States. It is traded as Etf on NYSE ARCA exchange.