Amundi Index (France) Market Value
| 500 Etf | EUR 112.33 1.10 0.99% |
| Symbol | Amundi |
Amundi Index 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Amundi Index's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Amundi Index.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Amundi Index on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Amundi Index Solutions or generate 0.0% return on investment in Amundi Index over 330 days. Amundi Index is related to or competes with Lyxor UCITS, Lyxor UCITS, Lyxor UCITS, Amundi CAC, Gold Bullion, Lyxor CAC, and SSgA SPDR. To track the performance of SP 500 Index , and to minimize the tracking error between the net asset value of the sub-fun... More
Amundi Index Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Amundi Index's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Amundi Index Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7292 | |||
| Information Ratio | 0.0845 | |||
| Maximum Drawdown | 5.45 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.21 |
Amundi Index Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi Index's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi Index's standard deviation. In reality, there are many statistical measures that can use Amundi Index historical prices to predict the future Amundi Index's volatility.| Risk Adjusted Performance | 0.1823 | |||
| Jensen Alpha | 0.0989 | |||
| Total Risk Alpha | 0.0579 | |||
| Sortino Ratio | 0.0999 | |||
| Treynor Ratio | 0.2467 |
Amundi Index Solutions Backtested Returns
Amundi Index appears to be very steady, given 3 months investment horizon. Amundi Index Solutions secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the etf had a 0.24% return per unit of risk over the last 3 months. We have found thirty technical indicators for Amundi Index Solutions, which you can use to evaluate the volatility of the entity. Please makes use of Amundi Index's Risk Adjusted Performance of 0.1823, downside deviation of 0.7292, and Mean Deviation of 0.6017 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.79, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amundi Index's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi Index is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Amundi Index Solutions has average predictability. Overlapping area represents the amount of predictability between Amundi Index time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amundi Index Solutions price movement. The serial correlation of 0.46 indicates that about 46.0% of current Amundi Index price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 13.99 |
Amundi Index Solutions lagged returns against current returns
Autocorrelation, which is Amundi Index etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Amundi Index's etf expected returns. We can calculate the autocorrelation of Amundi Index returns to help us make a trade decision. For example, suppose you find that Amundi Index has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Amundi Index regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Amundi Index etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi Index etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi Index etf over time.
Current vs Lagged Prices |
| Timeline |
Amundi Index Lagged Returns
When evaluating Amundi Index's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi Index etf have on its future price. Amundi Index autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Amundi Index autocorrelation shows the relationship between Amundi Index etf current value and its past values and can show if there is a momentum factor associated with investing in Amundi Index Solutions.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Amundi Etf
Amundi Index 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 Index security.