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Natural Gas (Henry Hub) NATGAS

commodity

Price History

$1.64$5.73$9.83$13.92
2000-08 · DCA start$4.78

Time underwater

How far below its previous all-time high the price sat, each month. 0% means a new high.

-88.2%-58.8%-29.4%0.0%
2000-082026-08 · -80.4%

Worst drawdown: 88%, peaking Sep 2005 and bottoming Mar 2020 still unrecovered after 251 months.

DCA Backtest

Invested
$31,300
Value today
$23,646
Return
-24.5%
Months invested
313

Scenarios

Inflation — the same contributions merely keeping pace with CPI would be $45,280 today, so the real (inflation-adjusted) return is -47.8%.

Lump sum instead — $31,300 all at once in Aug 2000: $17,857 (-42.9%) — DCA came out ahead.

Worst timing — same monthly amount started at the all-time high (Sep 2005): $19,992 on $25,200 invested (-20.7%).

Backtests use monthly closing prices. Stock dividends aren’t reinvested, so long-run equity returns are understated.

If this saved you a spreadsheet — buy me a coffee.

Every start month at once

Each cell is the return-to-date of £/$/€100-a-month DCA started that month. Click a cell to load it in the backtest above. The ringed cell is the all-time-high start — the worst timing scenario.

JFMAMJJASOND
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Legend:−50%−20%0%+50%+200%+1000%worst timing (ATH)Selected 2000-08: -24.5%

About Natural Gas (Henry Hub)

Henry Hub is the US natural gas benchmark. Gas is brutally seasonal and storage-driven, making it one of the most volatile major commodities — and a poor fit for buy-and-hold, since the futures curve's persistent contango bleeds rolled positions. Prices are the continuous front-month COMEX/NYMEX/ICE futures series in USD — the standard reference price, but not directly investable: a real position via rolled futures or an ETF differs by roll yield and fees. (emrite)

It's a commodity categorised under energy and USD per MMBtu.

There isn’t enough researched data to give it an overall rating yet — only 45% of the scoring weight is backed by facts, below the 60% needed. The score shown is partial and covers only what’s known.

What pushes the score up: market / volatility (3.3/5).

Not yet researched: structure / supply. These are excluded from the score rather than guessed, so the real risk may be higher than what’s shown.

Ratings summarise sourced facts against fixed rules — not investment advice, and no substitute for your own diligence.

Risk Profile

Partial 3.3/5(45%)

Only 45% of the weighting is fact-backed so far — not enough for an overall rating. The partial score covers the rated categories below; the unrated ones may be where this asset’s real risk sits.

How these ratings work

Market / Volatility3.3/5 · weight 45%
  • Annualised volatility (3yr)4/559.9
  • Max drawdown from ATH5/588.2
  • Beta vs S&P 5001/50.22
Structure / Supplyunrated · weight 55%
  • Futures roll & carry costnot yet researched
  • Supply concentrationnot yet researched