Soybean Oil Futures Commodity Profile

ZLUSX Commodity   41.74  0.82  2.00%   

Performance

1 of 100

 
Weak
 
Strong
Weak
Soybean Oil is trading at 41.74 as of the 30th of November 2024; that is 2.00 percent up since the beginning of the trading day. The commodity's open price was 40.92. The performance ratings for Soybean Oil Futures are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.

Soybean Oil Futures Risk Profiles

In the context of commodities, the Soybean market risk premium refers to the extra return investors expect from holding Soybean Oil as part of a well-diversified portfolio. This premium is integral to the Capital Asset Pricing Model (CAPM), a framework widely employed by analysts and investors to determine the acceptable rate of return for investing in Soybean. At the heart of the CAPM lies the interplay between risk and reward, often articulated through the metrics of alpha and beta. In the Soybean market, alpha and beta serve as critical indicators for assessing Soybean Oil's performance relative to broader market movements. Nonetheless, conventional measures of volatility also play a pivotal role, providing additional insights into the market's fluctuations and investment risk associated with Soybean Oil Futures.

Soybean Oil Against Markets

Soybean Oil Related Commodities

One prevalent trading approach among algorithmic traders in the commodities sector involves employing market-neutral strategies, wherein each trade is designed to hedge away specific risks. Given that this approach necessitates two distinct transactions, if one position underperforms unexpectedly, the other can potentially offset some of the losses. This method can be applied to commodities such as Soybean Oil, pairing it with other commodities or financial instruments to create a balanced, market-neutral setup.
 Risk & Return  Correlation