IncomeShares Amazon (Germany) Performance
| OAMZ Etf | 10.69 0.06 0.56% |
The etf retains a Market Volatility (i.e., Beta) of -0.0193, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IncomeShares Amazon are expected to decrease at a much lower rate. During the bear market, IncomeShares Amazon is likely to outperform the market.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in IncomeShares Amazon Options are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, IncomeShares Amazon exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
IncomeShares |
IncomeShares Amazon Relative Risk vs. Return Landscape
If you would invest 996.00 in IncomeShares Amazon Options on September 28, 2024 and sell it today you would earn a total of 73.00 from holding IncomeShares Amazon Options or generate 7.33% return on investment over 90 days. IncomeShares Amazon Options is generating 0.2569% of daily returns and assumes 0.9149% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than IncomeShares, and 95% 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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IncomeShares Amazon Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IncomeShares Amazon's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IncomeShares Amazon Options, and traders can use it to determine the average amount a IncomeShares Amazon'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 = 0.2808
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Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average IncomeShares Amazon is performing at about 22% 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 IncomeShares Amazon by adding it to a well-diversified portfolio.