Amundi CAC (France) Market Value
| CAC Etf | EUR 72.99 0.14 0.19% |
| Symbol | Amundi |
Amundi CAC '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 CAC'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 CAC.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Amundi CAC on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi CAC 40 or generate 0.0% return on investment in Amundi CAC over 30 days. Amundi CAC is related to or competes with Deutsche Telekom, Volkswagen, Bayerische Motoren, Mnchener Rck, and Deutsche Bank. The Lyxor CAC 40 UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index CAC 40 Total... More
Amundi CAC 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 CAC'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 CAC 40 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.92 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.23 |
Amundi CAC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi CAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi CAC's standard deviation. In reality, there are many statistical measures that can use Amundi CAC historical prices to predict the future Amundi CAC's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.15) |
Amundi CAC 40 Backtested Returns
Amundi CAC 40 secures Sharpe Ratio (or Efficiency) of -0.0839, which signifies that the etf had a -0.0839% return per unit of risk over the last 3 months. Amundi CAC 40 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amundi CAC's Risk Adjusted Performance of (0.05), standard deviation of 0.8967, and Mean Deviation of 0.6914 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amundi CAC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi CAC is expected to be smaller as well.
Auto-correlation | 0.36 |
Below average predictability
Amundi CAC 40 has below average predictability. Overlapping area represents the amount of predictability between Amundi CAC time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 CAC 40 price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Amundi CAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Amundi CAC 40 lagged returns against current returns
Autocorrelation, which is Amundi CAC 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 CAC's etf expected returns. We can calculate the autocorrelation of Amundi CAC returns to help us make a trade decision. For example, suppose you find that Amundi CAC 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 CAC 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 CAC etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi CAC etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi CAC etf over time.
Current vs Lagged Prices |
| Timeline |
Amundi CAC Lagged Returns
When evaluating Amundi CAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi CAC etf have on its future price. Amundi CAC 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 CAC autocorrelation shows the relationship between Amundi CAC etf current value and its past values and can show if there is a momentum factor associated with investing in Amundi CAC 40.
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 CAC 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 CAC security.