Amex Advancing Volume Index Performance
| AVLU Index | 691.88 655.74 1,814% |
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and AMEX Advancing are completely uncorrelated.
AMEX Advancing Relative Risk vs. Return Landscape
If you would invest 95,693 in AMEX Advancing Volume on September 13, 2024 and sell it today you would lose (26,505) from holding AMEX Advancing Volume or give up 27.7% of portfolio value over 90 days. AMEX Advancing Volume is generating 10.702% of daily returns and assumes 56.8955% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than AMEX on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
AMEX Advancing Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMEX Advancing's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as AMEX Advancing Volume, and traders can use it to determine the average amount a AMEX Advancing'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 = 0.1881
| Best Portfolio | Best Equity | AVLU | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 56.9 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average AMEX Advancing is performing at about 14% 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 AMEX Advancing by adding it to a well-diversified portfolio.