Ubs Etf Gold Etf One Year Return
| AUEUAH Etf | EUR 62.65 0.07 0.11% |
UBS ETF Gold fundamentals help investors to digest information that contributes to UBS ETF's financial success or failures. It also enables traders to predict the movement of UBS Etf. The fundamental analysis module provides a way to measure UBS ETF's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to UBS ETF etf.
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UBS ETF Gold ETF One Year Return Analysis
UBS ETF's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current UBS ETF One Year Return | (10.88) % |
Most of UBS ETF's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, UBS ETF Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, UBS ETF Gold has an One Year Return of -10.88%. This is much lower than that of the UBS Fund Management (Switzerland) AG family and significantly lower than that of the One Year Return category. The one year return for all Switzerland etfs is notably higher than that of the company.
UBS One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses UBS ETF's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of UBS ETF could also be used in its relative valuation, which is a method of valuing UBS ETF by comparing valuation metrics of similar companies.UBS ETF is currently under evaluation in one year return as compared to similar ETFs.
UBS Fundamentals
| Total Asset | 140.91 M | |||
| One Year Return | (10.88) % | |||
| Three Year Return | (0.50) % | |||
| Five Year Return | (4.81) % | |||
| Net Asset | 140.91 M |
About UBS ETF Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze UBS ETF Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of UBS ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of UBS ETF Gold based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with UBS ETF
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UBS ETF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UBS ETF will appreciate offsetting losses from the drop in the long position's value.Moving together with UBS Etf
| 0.75 | VUSA | Vanguard SP 500 | PairCorr |
Moving against UBS Etf
| 0.72 | CLEU | Lyxor MSCI Europe | PairCorr |
| 0.72 | HIDR | HSBC MSCI Indonesia | PairCorr |
| 0.5 | LYSSL | Lyxor SMI Daily | PairCorr |
The ability to find closely correlated positions to UBS ETF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UBS ETF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UBS ETF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UBS ETF Gold to buy it.
The correlation of UBS ETF is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UBS ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UBS ETF Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for UBS ETF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in UBS ETF Gold. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade UBS Etf refer to our How to Trade UBS Etf guide.Note that the UBS ETF Gold information on this page should be used as a complementary analysis to other UBS ETF's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.