Lyxor UCITS (France) Market Value
| JPNH Etf | EUR 216.65 2.25 1.03% |
| Symbol | Lyxor |
Lyxor UCITS '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 UCITS'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 UCITS.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lyxor UCITS on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Lyxor UCITS Japan or generate 0.0% return on investment in Lyxor UCITS over 30 days. Lyxor UCITS is related to or competes with Lyxor UCITS, Amundi Index, Amundi Index, Amundi Index, and Multi Units. The Lyxor Japan UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index Topix Total R... More
Lyxor UCITS 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 UCITS'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 UCITS Japan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.67 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 2.14 |
Lyxor UCITS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyxor UCITS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyxor UCITS's standard deviation. In reality, there are many statistical measures that can use Lyxor UCITS historical prices to predict the future Lyxor UCITS's volatility.| Risk Adjusted Performance | 0.038 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0523 |
Lyxor UCITS Japan Backtested Returns
At this point, Lyxor UCITS is very steady. Lyxor UCITS Japan has Sharpe Ratio of 0.0234, which conveys that the entity had a 0.0234% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lyxor UCITS, which you can use to evaluate the volatility of the etf. Please verify Lyxor UCITS's Mean Deviation of 0.9024, downside deviation of 1.32, and Risk Adjusted Performance of 0.038 to check out if the risk estimate we provide is consistent with the expected return of 0.0283%. The etf secures a Beta (Market Risk) of 0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lyxor UCITS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lyxor UCITS is expected to be smaller as well.
Auto-correlation | -0.52 |
Good reverse predictability
Lyxor UCITS Japan has good reverse predictability. Overlapping area represents the amount of predictability between Lyxor UCITS time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 UCITS Japan price movement. The serial correlation of -0.52 indicates that about 52.0% of current Lyxor UCITS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 3.06 |
Lyxor UCITS Japan lagged returns against current returns
Autocorrelation, which is Lyxor UCITS 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 UCITS's etf expected returns. We can calculate the autocorrelation of Lyxor UCITS returns to help us make a trade decision. For example, suppose you find that Lyxor UCITS 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 UCITS 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 UCITS etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyxor UCITS etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyxor UCITS etf over time.
Current vs Lagged Prices |
| Timeline |
Lyxor UCITS Lagged Returns
When evaluating Lyxor UCITS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyxor UCITS etf have on its future price. Lyxor UCITS 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 UCITS autocorrelation shows the relationship between Lyxor UCITS etf current value and its past values and can show if there is a momentum factor associated with investing in Lyxor UCITS Japan.
Regressed Prices |
| Timeline |
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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 UCITS 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 UCITS security.