Cboe Gold Volatitity Index Performance
| GVZ Index | 16.72 0.01 0.06% |
The entity shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CBOE Gold are completely uncorrelated.
CBOE Gold Relative Risk vs. Return Landscape
If you would invest 1,637 in CBOE Gold Volatitity on November 28, 2024 and sell it today you would earn a total of 35.00 from holding CBOE Gold Volatitity or generate 2.14% return on investment over 90 days. CBOE Gold Volatitity is generating 0.0975% of daily returns and assumes 3.5278% volatility on return distribution over the 90 days horizon. Simply put, 31% of indexs are less volatile than CBOE, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
CBOE Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CBOE Gold's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as CBOE Gold Volatitity, and traders can use it to determine the average amount a CBOE Gold'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 = 0.0276
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| Cash | Small Risk | Average Risk | GVZ | Huge Risk |
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Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average CBOE Gold is performing at about 2% 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 CBOE Gold by adding it to a well-diversified portfolio.
| CBOE Gold Volatitity had very high historical volatility over the last 90 days |