Amundi Climate Transition Fund Market Value
| CTCYX Fund | 9.71 0.01 0.10% |
| Symbol | Amundi |
Amundi Climate '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 Climate's mutual fund 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 Climate.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Amundi Climate on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Amundi Climate Transition or generate 0.0% return on investment in Amundi Climate over 480 days. Amundi Climate is related to or competes with Pioneer Fundamental, Pioneer Global, Pioneer Disciplined, Pioneer Disciplined, Pioneer Disciplined, Pioneer Disciplined, and Pioneer Disciplined. Under normal circumstances, the fund invests at least 80 percent of its net assets in fixed income investments that meet... More
Amundi Climate 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 Climate's mutual fund 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 Climate Transition upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 1.44 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.4053 |
Amundi Climate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi Climate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi Climate's standard deviation. In reality, there are many statistical measures that can use Amundi Climate historical prices to predict the future Amundi Climate's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.97) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amundi Climate's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amundi Climate Transition Backtested Returns
Amundi Climate Transition secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the fund had a -0.11% return per unit of risk over the last 3 months. Amundi Climate Transition exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amundi Climate's Standard Deviation of 0.3007, mean deviation of 0.2258, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.0432, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amundi Climate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi Climate is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
Amundi Climate Transition has good predictability. Overlapping area represents the amount of predictability between Amundi Climate time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Climate Transition price movement. The serial correlation of 0.78 indicates that around 78.0% of current Amundi Climate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Amundi Climate Transition lagged returns against current returns
Autocorrelation, which is Amundi Climate mutual fund'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 Climate's mutual fund expected returns. We can calculate the autocorrelation of Amundi Climate returns to help us make a trade decision. For example, suppose you find that Amundi Climate has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Climate 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 Climate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi Climate mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi Climate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Amundi Climate Lagged Returns
When evaluating Amundi Climate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi Climate mutual fund have on its future price. Amundi Climate 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 Climate autocorrelation shows the relationship between Amundi Climate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Amundi Climate Transition.
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 Mutual Fund
Amundi Climate financial ratios help investors to determine whether Amundi Mutual Fund 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 Climate security.
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