Amundi ETF (France) Market Value
| P500H Etf | EUR 39.19 0.11 0.28% |
| Symbol | Amundi |
Amundi ETF '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 ETF'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 ETF.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Amundi ETF on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi ETF PEA or generate 0.0% return on investment in Amundi ETF over 30 days. Amundi ETF is related to or competes with Multi Units, Manitou BF, Ossiam Minimum, Ekinops SA, Orapi SA, and Memscap Regpt. Lobjectif de gestion du Fonds est de rpliquer, le plus fidlement possible, la performance en euro de lIndice SP 500 , qu... More
Amundi ETF 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 ETF'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 ETF PEA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7826 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.3 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.21 |
Amundi ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi ETF's standard deviation. In reality, there are many statistical measures that can use Amundi ETF historical prices to predict the future Amundi ETF's volatility.| Risk Adjusted Performance | 0.105 | |||
| Jensen Alpha | 0.0574 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3306 |
Amundi ETF PEA Backtested Returns
Currently, Amundi ETF PEA is very steady. Amundi ETF PEA secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the etf had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Amundi ETF PEA, which you can use to evaluate the volatility of the entity. Please confirm Amundi ETF's Downside Deviation of 0.7826, risk adjusted performance of 0.105, and Mean Deviation of 0.5214 to double-check if the risk estimate we provide is consistent with the expected return of 0.0907%. The etf shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amundi ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi ETF is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
Amundi ETF PEA has very good predictability. Overlapping area represents the amount of predictability between Amundi ETF time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 ETF PEA price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Amundi ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Amundi ETF PEA lagged returns against current returns
Autocorrelation, which is Amundi ETF 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 ETF's etf expected returns. We can calculate the autocorrelation of Amundi ETF returns to help us make a trade decision. For example, suppose you find that Amundi ETF 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 ETF 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 ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi ETF etf over time.
Current vs Lagged Prices |
| Timeline |
Amundi ETF Lagged Returns
When evaluating Amundi ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi ETF etf have on its future price. Amundi ETF 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 ETF autocorrelation shows the relationship between Amundi ETF etf current value and its past values and can show if there is a momentum factor associated with investing in Amundi ETF PEA.
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 ETF 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 ETF security.