Amundi Nasdaq (UK) Performance
| ANXG Etf | 19,018 258.50 1.38% |
The etf shows a Beta (market volatility) of 0.76, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amundi Nasdaq's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi Nasdaq is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Amundi Nasdaq 100 UCITS are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Amundi Nasdaq unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| In Threey Sharp Ratio | 0.48 |
Amundi |
Amundi Nasdaq Relative Risk vs. Return Landscape
If you would invest 1,641,100 in Amundi Nasdaq 100 UCITS on September 4, 2024 and sell it today you would earn a total of 260,750 from holding Amundi Nasdaq 100 UCITS or generate 15.89% return on investment over 90 days. Amundi Nasdaq 100 UCITS is generating 0.2353% of daily returns and assumes 0.9679% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than Amundi, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Amundi Nasdaq Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi Nasdaq's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Amundi Nasdaq 100 UCITS, and traders can use it to determine the average amount a Amundi Nasdaq'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 = 0.2431
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Amundi Nasdaq is performing at about 19% 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 Amundi Nasdaq by adding it to a well-diversified portfolio.
Amundi Nasdaq Fundamentals Growth
Amundi Etf prices reflect investors' perceptions of the future prospects and financial health of Amundi Nasdaq, and Amundi Nasdaq fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Amundi Etf performance.
About Amundi Nasdaq Performance
Assessing Amundi Nasdaq's fundamental ratios provides investors with valuable insights into Amundi Nasdaq's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Amundi Nasdaq is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Amundi Nasdaq is entity of United Kingdom. It is traded as Etf on LSE exchange.