Lyxor MSCI (France) Market Value
| ASI Etf | EUR 86.33 1.14 1.34% |
| Symbol | Lyxor |
Please note, there is a significant difference between Lyxor MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lyxor MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lyxor MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Lyxor MSCI '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 Lyxor MSCI'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 Lyxor MSCI.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Lyxor MSCI on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Lyxor MSCI China or generate 0.0% return on investment in Lyxor MSCI over 540 days. Lyxor MSCI is related to or competes with Lyxor UCITS, Lyxor UCITS, Lyxor Treasury, Lyxor UCITS, Lyxor Index, and Lyxor UCITS. The investment objective of the MULTI UNITS LUXEMBOURG Lyxor China Enterprise UCITS ETF is to track both the upward and ... More
Lyxor MSCI 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 Lyxor MSCI'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 Lyxor MSCI China upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.0524 | |||
| Maximum Drawdown | 13.75 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.78 |
Lyxor MSCI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyxor MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyxor MSCI's standard deviation. In reality, there are many statistical measures that can use Lyxor MSCI historical prices to predict the future Lyxor MSCI's volatility.| Risk Adjusted Performance | 0.0913 | |||
| Jensen Alpha | 0.2197 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0585 | |||
| Treynor Ratio | 3.15 |
Lyxor MSCI China Backtested Returns
Lyxor MSCI appears to be very steady, given 3 months investment horizon. Lyxor MSCI China has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lyxor MSCI, which you can use to evaluate the volatility of the etf. Please exercise Lyxor MSCI's Mean Deviation of 1.49, risk adjusted performance of 0.0913, and Downside Deviation of 1.93 to check out if our risk estimates are consistent with your expectations. The etf secures a Beta (Market Risk) of 0.0724, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lyxor MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lyxor MSCI is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Lyxor MSCI China has very good reverse predictability. Overlapping area represents the amount of predictability between Lyxor MSCI time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Lyxor MSCI China price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Lyxor MSCI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 41.39 |
Lyxor MSCI China lagged returns against current returns
Autocorrelation, which is Lyxor MSCI 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 Lyxor MSCI's etf expected returns. We can calculate the autocorrelation of Lyxor MSCI returns to help us make a trade decision. For example, suppose you find that Lyxor MSCI 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 |
Lyxor MSCI 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 Lyxor MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyxor MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyxor MSCI etf over time.
Current vs Lagged Prices |
| Timeline |
Lyxor MSCI Lagged Returns
When evaluating Lyxor MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyxor MSCI etf have on its future price. Lyxor MSCI 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, Lyxor MSCI autocorrelation shows the relationship between Lyxor MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in Lyxor MSCI China.
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 Lyxor Etf
Lyxor MSCI financial ratios help investors to determine whether Lyxor 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 Lyxor with respect to the benefits of owning Lyxor MSCI security.