Lyxor PEA (France) Market Value
| PSP5 Etf | EUR 49.58 0.15 0.30% |
| Symbol | Lyxor |
Lyxor PEA '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 PEA'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 PEA.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Lyxor PEA on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Lyxor PEA SP or generate 0.0% return on investment in Lyxor PEA over 30 days. Lyxor PEA is related to or competes with Amundi Index, Lyxor PEA, Amundi Index, and Amundi ETF. The Lyxor PEA SP 500 UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index SP 500 N... More
Lyxor PEA 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 PEA'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 PEA SP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7638 | |||
| Information Ratio | 0.063 | |||
| Maximum Drawdown | 5.48 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.25 |
Lyxor PEA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyxor PEA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyxor PEA's standard deviation. In reality, there are many statistical measures that can use Lyxor PEA historical prices to predict the future Lyxor PEA's volatility.| Risk Adjusted Performance | 0.1705 | |||
| Jensen Alpha | 0.1498 | |||
| Total Risk Alpha | 0.0374 | |||
| Sortino Ratio | 0.0717 | |||
| Treynor Ratio | 0.7151 |
Lyxor PEA SP Backtested Returns
At this point, Lyxor PEA is very steady. Lyxor PEA SP has Sharpe Ratio of 0.21, which conveys that the entity had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lyxor PEA, which you can use to evaluate the volatility of the etf. Please verify Lyxor PEA's Downside Deviation of 0.7638, risk adjusted performance of 0.1705, and Mean Deviation of 0.6046 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. The etf secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lyxor PEA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lyxor PEA is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
Lyxor PEA SP has excellent predictability. Overlapping area represents the amount of predictability between Lyxor PEA 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 Lyxor PEA SP price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Lyxor PEA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Lyxor PEA SP lagged returns against current returns
Autocorrelation, which is Lyxor PEA 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 PEA's etf expected returns. We can calculate the autocorrelation of Lyxor PEA returns to help us make a trade decision. For example, suppose you find that Lyxor PEA 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 PEA 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 PEA etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyxor PEA etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyxor PEA etf over time.
Current vs Lagged Prices |
| Timeline |
Lyxor PEA Lagged Returns
When evaluating Lyxor PEA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyxor PEA etf have on its future price. Lyxor PEA 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 PEA autocorrelation shows the relationship between Lyxor PEA etf current value and its past values and can show if there is a momentum factor associated with investing in Lyxor PEA SP.
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 Lyxor Etf
Lyxor PEA 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 PEA security.