Amundi FTSE (Switzerland) Market Value
| LYMWO Etf | USD 44.54 1.75 3.78% |
| Symbol | Amundi |
Amundi FTSE '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 FTSE'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 FTSE.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Amundi FTSE on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi FTSE EPRANAREIT or generate 0.0% return on investment in Amundi FTSE over 30 days. Amundi FTSE is related to or competes with Baloise Holding, UBS ETF, BB Biotech, Amundi Index, MULTI UNITS, Jungfraubahn Holding, and Hubersuhner. This fund is to track the upward and the downward evolution of the FTSE EPRANAREIT Develop NTR index Lyxor FTSE is traded on Switzerland Exchange in Switzerland. More
Amundi FTSE 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 FTSE'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 FTSE EPRANAREIT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 3.31 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.06 |
Amundi FTSE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi FTSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi FTSE's standard deviation. In reality, there are many statistical measures that can use Amundi FTSE historical prices to predict the future Amundi FTSE's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (48.96) |
Amundi FTSE EPRANAREIT Backtested Returns
Amundi FTSE EPRANAREIT secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the etf had a -0.15% return per unit of risk over the last 3 months. Amundi FTSE EPRANAREIT exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amundi FTSE's Standard Deviation of 0.7952, risk adjusted performance of (0.08), and Mean Deviation of 0.4877 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.002, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amundi FTSE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi FTSE is expected to be smaller as well.
Auto-correlation | -0.61 |
Very good reverse predictability
Amundi FTSE EPRANAREIT has very good reverse predictability. Overlapping area represents the amount of predictability between Amundi FTSE time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 FTSE EPRANAREIT price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Amundi FTSE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
Amundi FTSE EPRANAREIT lagged returns against current returns
Autocorrelation, which is Amundi FTSE 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 FTSE's etf expected returns. We can calculate the autocorrelation of Amundi FTSE returns to help us make a trade decision. For example, suppose you find that Amundi FTSE 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 FTSE 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 FTSE etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi FTSE etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi FTSE etf over time.
Current vs Lagged Prices |
| Timeline |
Amundi FTSE Lagged Returns
When evaluating Amundi FTSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi FTSE etf have on its future price. Amundi FTSE 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 FTSE autocorrelation shows the relationship between Amundi FTSE etf current value and its past values and can show if there is a momentum factor associated with investing in Amundi FTSE EPRANAREIT.
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 FTSE 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 FTSE security.