Amundi Eur High Etf Fundamentals
| YIEL Etf | 106.74 0.05 0.05% |
Amundi EUR High fundamentals help investors to digest information that contributes to Amundi EUR's financial success or failures. It also enables traders to predict the movement of Amundi Etf. The fundamental analysis module provides a way to measure Amundi EUR'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 Amundi EUR etf.
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Amundi EUR High ETF Beta Analysis
Amundi EUR's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Amundi EUR Beta | 0.92 |
Most of Amundi EUR's fundamental indicators, such as Beta, 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, Amundi EUR High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Amundi EUR High has a Beta of 0.92. This is much higher than that of the family and significantly higher than that of the EUR High Yield Bond category. The beta for all United Kingdom etfs is notably lower than that of the firm.
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Amundi EUR returns are very sensitive to returns on the market. As the market goes up or down, Amundi EUR is expected to follow.
About Amundi EUR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amundi EUR High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amundi EUR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amundi EUR High 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.Amundi EUR is entity of United Kingdom. It is traded as Etf on LSE exchange.
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Amundi EUR financial ratios help investors to determine whether Amundi Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Amundi with respect to the benefits of owning Amundi EUR security.