Copper Commodity Performance
| HGUSD Commodity | 4.90 0.03 0.61% |
The commodity shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Copper are expected to decrease at a much lower rate. During the bear market, Copper is likely to outperform the market.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Copper are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Copper exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Copper |
Copper Relative Risk vs. Return Landscape
If you would invest 415.00 in Copper on December 17, 2024 and sell it today you would earn a total of 75.00 from holding Copper or generate 18.07% return on investment over 90 days. Copper is currently producing 0.2696% returns and takes up 1.4065% volatility of returns over 90 trading days. Put another way, 12% of traded commoditys are less volatile than Copper, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Copper Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copper's investment risk. Standard deviation is the most common way to measure market volatility of commoditys, such as Copper, and traders can use it to determine the average amount a Copper'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 = 0.1917
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HGUSD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Copper is performing at about 15% 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 Copper by adding it to a well-diversified portfolio.