Amundi Physical (Netherlands) Performance
| AMGOLD Etf | 107.80 1.03 0.96% |
The etf shows a Beta (market volatility) of -0.0643, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amundi Physical are expected to decrease at a much lower rate. During the bear market, Amundi Physical is likely to outperform the market.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Amundi Physical Gold are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong technical and fundamental indicators, Amundi Physical is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
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Amundi Physical Relative Risk vs. Return Landscape
If you would invest 10,141 in Amundi Physical Gold on September 12, 2024 and sell it today you would earn a total of 536.00 from holding Amundi Physical Gold or generate 5.29% return on investment over 90 days. Amundi Physical Gold is generating 0.0845% of daily returns and assumes 0.8991% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Amundi, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Amundi Physical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi Physical's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Amundi Physical Gold, and traders can use it to determine the average amount a Amundi Physical'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 = 0.094
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Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Amundi Physical is performing at about 7% 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 Amundi Physical by adding it to a well-diversified portfolio.