UBSETF GOLD (Switzerland) Price on January 18, 2024
| AUUSI-USD | USD 74.53 0.18 0.24% |
If you're considering investing in UBSETF Etf, it is important to understand the factors that can impact its price. As of today, the current price of UBSETF GOLD stands at 74.53, as last reported on the 9th of May, with the highest price reaching 74.53 and the lowest price hitting 73.95 during the day. UBSETF GOLD appears to be very steady, given 3 months investment horizon. UBSETF GOLD USD owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the etf had a 0.26% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for UBSETF GOLD USD, which you can use to evaluate the volatility of the entity. Please review UBSETF GOLD's Risk Adjusted Performance of 0.1491, downside deviation of 0.8641, and Market Risk Adjusted Performance of (1.72) to confirm if our risk estimates are consistent with your expectations.
UBSETF Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
UBSETF |
Sharpe Ratio = 0.2626
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Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average UBSETF GOLD is performing at about 20% 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 UBSETF GOLD by adding it to a well-diversified portfolio.
UBSETF GOLD Valuation on January 18, 2024
It is possible to determine the worth of UBSETF GOLD on a given historical date. On January 18, 2024 UBSETF was worth 64.69 at the beginning of the trading date compared to the closed value of 64.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UBSETF GOLD etf. Still, in general, we apply an absolute valuation method to find UBSETF GOLD's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of UBSETF GOLD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UBSETF GOLD's related companies.
| Open | High | Low | Close | Volume | |
| 65.10 | 65.30 | 64.50 | 64.50 | 22,764 | |
01/18/2024 | 64.69 | 64.80 | 64.53 | 64.60 | 14,456 |
| 65.10 | 65.33 | 65.03 | 65.03 | 2,856 |
| Backtest UBSETF GOLD | | | UBSETF GOLD History | Previous | Next |
UBSETF GOLD Trading Date Momentum on January 18, 2024
| On January 19 2024 UBSETF GOLD USD was traded for 65.03 at the closing time. The highest price during the trading period was 65.33 and the lowest recorded bid was listed for 65.03 . The volume for the day was 2.9 K. This history from January 19, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.67% . The trading price change to the current price is 1.08% . |
About UBSETF GOLD Etf history
UBSETF GOLD investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for UBSETF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UBSETF GOLD USD will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing UBSETF GOLD stock prices may prove useful in developing a viable investing in UBSETF GOLD
UBSETF GOLD Etf Technical Analysis
UBSETF GOLD technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
UBSETF GOLD Period Price Range
Low | January 18, 2024
| High |
64.69 | 64.60 |
UBSETF GOLD May 9, 2024 Market Strength
Market strength indicators help investors to evaluate how UBSETF GOLD etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UBSETF GOLD shares will generate the highest return on investment. By undertsting and applying UBSETF GOLD etf market strength indicators, traders can identify UBSETF GOLD USD entry and exit signals to maximize returns
| Accumulation Distribution | 60.23 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 64.66 | |||
| Day Typical Price | 64.64 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | 9.93 |
UBSETF GOLD Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UBSETF GOLD's price direction in advance. Along with the technical and fundamental analysis of UBSETF Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of UBSETF to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1491 | |||
| Jensen Alpha | 0.2014 | |||
| Total Risk Alpha | 0.085 | |||
| Sortino Ratio | 0.1331 | |||
| Treynor Ratio | (1.73) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in UBSETF GOLD USD. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Please note, there is a significant difference between UBSETF GOLD's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBSETF GOLD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBSETF GOLD'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.