MLCX Biofuels Etf Profile

FUE
 Etf
  

USD 10.70  0.50  4.46%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
MLCX Biofuels is trading at 10.70 as of the 5th of July 2022, a -4.46 percent down since the beginning of the trading day. The etf's lowest day price was 10.69. MLCX Biofuels has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for MLCX Biofuels Index are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of June 2021 and ending today, the 5th of July 2022. Click here to learn more.
The index is designed to reflect the performance of a fully collateralized investment in the seven exchange-traded futures contracts on seven physical commodities barley, canola, corn, rapeseed, soybeans, soybean oil and sugar. MLCX Biofuels is traded on NYSEArca Exchange in the United States.. More on MLCX Biofuels Index

MLCX Biofuels Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. MLCX Biofuels' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MLCX Biofuels or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MLCX Biofuels Index generated a negative expected return over the last 90 days
The fund retains all of the assets under management (AUM) in different types of exotic instruments
Chairman of the BoardUlf Berg
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of MLCX Biofuels' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
IssuerMerrill Lynch
DescriptionELEMENTS Linked to the MLCX Biofuels Index Total Return
Inception Date2008-02-05
BenchmarkMLCX Biofuels Index (Exchange Series) Total Return
Entity TypeExchange-Traded Note
Average Trading Valume1,671.2
Asset TypeCommodities
CategoryAgriculture
FocusGrains
Market ConcentrationBlended Development
RegionGlobal
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Market MakerNone
Nav Price12.7
Two Hundred Day Average11.15
Ytd24.63%
Average Daily Volume In Three Month1.52k
Fifty Two Week Low8.64
As Of Date10th of May 2022
Average Daily Volume Last 10 Day1.14k
Fifty Two Week High14.01
One Month-1.03%
Fifty Day Average12.66
Three Month14.16%
Beta In Three Year0.75
MLCX Biofuels Index [FUE] is traded in USA and was established 2008-02-05. The fund is classified under Agriculture category within ELEMENTS family. MLCX Biofuels Index currently have 1.6 M in assets under management (AUM). , while the total return for the last 3 years was 30.7%.
Check MLCX Biofuels Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on MLCX Biofuels Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding MLCX Biofuels Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as MLCX Biofuels Index Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

MLCX Biofuels Target Price Odds Analysis

What are MLCX Biofuels' target price odds to finish over the current price? Based on a normal probability distribution, the odds of MLCX Biofuels jumping above the current price in 90 days from now is close to 99%. The MLCX Biofuels Index probability density function shows the probability of MLCX Biofuels etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon MLCX Biofuels has a beta of 0.056. This usually indicates as returns on the market go up, MLCX Biofuels average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MLCX Biofuels Index will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. MLCX Biofuels Index is significantly underperforming DOW.
  Odds Below 10.7HorizonTargetOdds Above 10.7
0.00%90 days
 10.70 
100.00%
Based on a normal probability distribution, the odds of MLCX Biofuels to move above the current price in 90 days from now is close to 99 (This MLCX Biofuels Index probability density function shows the probability of MLCX Biofuels Etf to fall within a particular range of prices over 90 days) .

MLCX Biofuels Major Institutional Holders

Institutional Holdings refers to the ownership stake in MLCX Biofuels that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MLCX Biofuels' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MLCX Biofuels' value.
InstituionSecurity TypeTotal SharesValue
Jane Street Group LlcFund Units61.6 K751 K
View MLCX Biofuels Diagnostics

MLCX Biofuels Index Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MLCX Biofuels market risk premium is the additional return an investor will receive from holding MLCX Biofuels long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MLCX Biofuels. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MLCX Biofuels' alpha and beta are two of the key measurements used to evaluate MLCX Biofuels' performance over the market, the standard measures of volatility play an important role as well.

MLCX Biofuels Index Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. MLCX Biofuels Index Price Floor Movement function is a real number to the smallest following price integer.
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MLCX Biofuels Against Markets

Picking the right benchmark for MLCX Biofuels etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MLCX Biofuels etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MLCX Biofuels is critical whether you are bullish or bearish towards MLCX Biofuels Index at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MLCX Biofuels without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing MLCX Biofuels Index

You need to understand the risk of investing before taking a position in MLCX Biofuels. The danger of trading MLCX Biofuels Index is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MLCX Biofuels is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MLCX Biofuels. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MLCX Biofuels Index is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. Note that the MLCX Biofuels Index information on this page should be used as a complementary analysis to other MLCX Biofuels' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running MLCX Biofuels Index price analysis, check to measure MLCX Biofuels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MLCX Biofuels is operating at the current time. Most of MLCX Biofuels' value examination focuses on studying past and present price action to predict the probability of MLCX Biofuels' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MLCX Biofuels' price. Additionally, you may evaluate how the addition of MLCX Biofuels to your portfolios can decrease your overall portfolio volatility.
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The market value of MLCX Biofuels Index is measured differently than its book value, which is the value of MLCX Biofuels that is recorded on the company's balance sheet. Investors also form their own opinion of MLCX Biofuels' value that differs from its market value or its book value, called intrinsic value, which is MLCX Biofuels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MLCX Biofuels' market value can be influenced by many factors that don't directly affect MLCX Biofuels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MLCX Biofuels' value and its price as these two are different measures arrived at by different means. Investors typically determine MLCX Biofuels value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MLCX Biofuels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.