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AMX Index

Often compared with ^AMX:
^AMX vs. ^AEX

Performance

^AMX Performance Chart

AMX Index (^AMX) is up 16.4% since the beginning of the year. ^AMX is currently trading at €1,080 per share. Investors who bought €1,000 worth of ^AMX shares 5 years ago would now be looking at an investment worth €1,009.


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S&P 500 Index

Returns By Period

AMX Index (^AMX) has returned 16.44% so far this year and 21.20% over the past 12 months. Over the last ten years, ^AMX has returned 4.97% per year, falling short of the S&P 500 Index benchmark, which averaged 13.42% annually.


AMX Index

1D
-0.86%
1M
3.76%
YTD
16.44%
6M
19.04%
1Y
21.20%
3Y*
5.25%
5Y*
0.17%
10Y*
4.97%

Benchmark (S&P 500 Index)

1D
-0.52%
1M
5.65%
YTD
11.67%
6M
10.88%
1Y
24.00%
3Y*
17.62%
5Y*
13.35%
10Y*
13.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^AMX Monthly Returns History

Based on dividend-adjusted daily data since Jan 3, 1983, ^AMX's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, an investment would double in approximately 7.5 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2009 with a return of +17.8%, while the worst month was Oct 1987 at -25.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ^AMX closed higher 54% of trading days. The best single day was Aug 6, 1987 with a return of +9.7%, while the worst single day was Mar 12, 2020 at -13.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.01%5.04%-7.71%7.82%6.62%-1.44%16.44%
20251.08%2.67%-1.95%-2.60%7.37%1.89%-0.20%1.96%-3.00%-0.44%2.67%1.50%11.04%
2024-2.88%0.05%3.38%-1.60%0.78%-6.74%2.68%2.45%-1.10%-1.92%-0.87%-4.03%-9.82%
20238.57%0.71%-5.40%-2.86%-3.17%-0.89%4.32%-5.83%-5.09%-6.29%9.48%7.98%-0.39%
2022-2.02%-3.06%2.26%-0.72%-2.83%-10.85%6.02%-3.29%-7.38%5.93%4.47%-2.06%-14.01%
20212.86%1.83%4.84%1.02%2.42%-1.92%1.17%5.15%-3.81%-1.11%-2.41%5.12%15.68%

Benchmark Metrics

AMX Index has an annualized alpha of -2.16%, beta of 0.49, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since January 04, 1983.

  • This index participated in 101.68% of S&P 500 Index downside but only 63.88% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.49 may look defensive, but with R2 of 0.23 this index is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this index's risk.
  • R2 of 0.23 means this index moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-2.16%
Beta
0.49
0.23
Upside Capture
63.88%
Downside Capture
101.68%

Return for Risk

Risk / Return Rank

^AMX ranks 51 for risk / return — on par with similar indices. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


^AMX Risk / Return Rank: 5151
Overall Rank
^AMX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
^AMX Sortino Ratio Rank: 5252
Sortino Ratio Rank
^AMX Omega Ratio Rank: 5252
Omega Ratio Rank
^AMX Calmar Ratio Rank: 5252
Calmar Ratio Rank
^AMX Martin Ratio Rank: 4848
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AMX Index (^AMX) and compare them to S&P 500 Index.


^AMXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.46

1.96

-0.50

Sortino ratio

Return per unit of downside risk

2.14

2.57

-0.43

Omega ratio

Gain probability vs. loss probability

1.26

1.36

-0.10

Calmar ratio

Return relative to maximum drawdown

2.04

3.19

-1.15

Martin ratio

Return relative to average drawdown

5.43

11.89

-6.46

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the AMX Index. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the AMX Index was 72.09%, occurring on Mar 12, 2003. Recovery took 3769 trading sessions.

The current AMX Index drawdown is 3.01%.


Related event

Drawdown

Fall

Recovery

Underwater

2003 bear market2003
-72.09%Mar 2003
4y 7mo14y 6mo
19y 2moJul 1998 - Oct 2017
COVID crash2020
-42.29%Mar 2020
1mo 3d10mo 24d
11mo 27dFeb 2020 - Feb 2021
Black Monday1987
-42.05%Nov 1987
3mo 1d1y 2mo
1y 5moAug 1987 - Jan 1989
2025 selloff2025
-32.36%Apr 2025
3y 7mo
4y 9moSep 2021 - now
Rate-hike selloffLate 2018
-26.91%Dec 2018
11mo 8d9mo 28d
1y 9moJan 2018 - Oct 2019

Drawdown Indicators


^AMXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-72.09%

-51.62%

-20.47%

Max Drawdown (1Y)

Largest decline over 1 year

-10.26%

-7.57%

-2.69%

Max Drawdown (3Y)

Largest decline over 3 years

-21.31%

-23.99%

+2.68%

Max Drawdown (5Y)

Largest decline over 5 years

-32.36%

-23.99%

-8.37%

Max Drawdown (10Y)

Largest decline over 10 years

-42.29%

-33.42%

-8.87%

Current Drawdown

Current decline from peak

-3.01%

-0.52%

-2.49%

Average Drawdown

Average peak-to-trough decline

-20.01%

-9.08%

-10.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.87%

2.02%

+1.85%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with ^AMX

Add AMX Index to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with ^AMX