FinEx Physically (Netherlands) Market Value
| FXGD Etf | EUR 2.52 0.03 1.20% |
| Symbol | FinEx |
Please note, there is a significant difference between FinEx Physically's value and its price as these two are different measures arrived at by different means. Investors typically determine if FinEx Physically is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FinEx Physically's 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.
FinEx Physically 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to FinEx Physically's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of FinEx Physically.
| 01/08/2024 |
| 12/28/2025 |
If you would invest 0.00 in FinEx Physically on January 8, 2024 and sell it all today you would earn a total of 0.00 from holding FinEx Physically Gold or generate 0.0% return on investment in FinEx Physically over 720 days. FinEx Physically is related to or competes with IShares MSCI, and IShares II. The investment objective of the fund is to deliver the total net return of the reference index , minus the fees and cost... More
FinEx Physically Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure FinEx Physically's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess FinEx Physically Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.1338 | |||
| Maximum Drawdown | 7.45 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 2.17 |
FinEx Physically Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FinEx Physically's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FinEx Physically's standard deviation. In reality, there are many statistical measures that can use FinEx Physically historical prices to predict the future FinEx Physically's volatility.| Risk Adjusted Performance | 0.1418 | |||
| Jensen Alpha | 0.2399 | |||
| Total Risk Alpha | 0.1123 | |||
| Sortino Ratio | 0.095 | |||
| Treynor Ratio | 0.898 |
FinEx Physically Gold Backtested Returns
FinEx Physically appears to be slightly risky, given 3 months investment horizon. FinEx Physically Gold secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the etf had a 0.18 % return per unit of risk over the last 3 months. We have found thirty technical indicators for FinEx Physically Gold, which you can use to evaluate the volatility of the entity. Please utilize FinEx Physically's Downside Deviation of 1.97, coefficient of variation of 512.89, and Mean Deviation of 0.9485 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, FinEx Physically's returns are expected to increase less than the market. However, during the bear market, the loss of holding FinEx Physically is expected to be smaller as well.
Auto-correlation | 0.89 |
Very good predictability
FinEx Physically Gold has very good predictability. Overlapping area represents the amount of predictability between FinEx Physically time series from 8th of January 2024 to 2nd of January 2025 and 2nd of January 2025 to 28th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FinEx Physically Gold price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current FinEx Physically price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
FinEx Physically Gold lagged returns against current returns
Autocorrelation, which is FinEx Physically etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting FinEx Physically's etf expected returns. We can calculate the autocorrelation of FinEx Physically returns to help us make a trade decision. For example, suppose you find that FinEx Physically has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
FinEx Physically regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If FinEx Physically etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FinEx Physically etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FinEx Physically etf over time.
Current vs Lagged Prices |
| Timeline |
FinEx Physically Lagged Returns
When evaluating FinEx Physically's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FinEx Physically etf have on its future price. FinEx Physically autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, FinEx Physically autocorrelation shows the relationship between FinEx Physically etf current value and its past values and can show if there is a momentum factor associated with investing in FinEx Physically Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in FinEx Etf
FinEx Physically financial ratios help investors to determine whether FinEx Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FinEx with respect to the benefits of owning FinEx Physically security.