AMUNDI MSCI's market value is the price at which a share of AMUNDI MSCI trades on a public exchange. It measures the collective expectations of AMUNDI MSCI USA investors about its performance. AMUNDI MSCI is trading at 115.88 as of the 13th of December 2024, a 0.72% down since the beginning of the trading day. The etf's open price was 116.72. With this module, you can estimate the performance of a buy and hold strategy of AMUNDI MSCI USA and determine expected loss or profit from investing in AMUNDI MSCI over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
AMUNDI
AMUNDI MSCI '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 MSCI'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 MSCI.
0.00
12/24/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/13/2024
0.00
If you would invest 0.00 in AMUNDI MSCI on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding AMUNDI MSCI USA or generate 0.0% return on investment in AMUNDI MSCI over 720 days.
AMUNDI MSCI 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 MSCI'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 MSCI USA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMUNDI MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMUNDI MSCI's standard deviation. In reality, there are many statistical measures that can use AMUNDI MSCI historical prices to predict the future AMUNDI MSCI's volatility.
At this point, AMUNDI MSCI is very steady. AMUNDI MSCI USA secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the etf had a 0.17% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for AMUNDI MSCI USA, which you can use to evaluate the volatility of the entity. Please confirm AMUNDI MSCI's risk adjusted performance of 0.1317, and Mean Deviation of 0.5581 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The etf shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AMUNDI MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding AMUNDI MSCI is expected to be smaller as well.
Auto-correlation
0.63
Good predictability
AMUNDI MSCI USA has good predictability. Overlapping area represents the amount of predictability between AMUNDI MSCI time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 MSCI USA price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current AMUNDI MSCI price fluctuation can be explain by its past prices.
Correlation Coefficient
0.63
Spearman Rank Test
0.63
Residual Average
0.0
Price Variance
22.91
AMUNDI MSCI USA lagged returns against current returns
Autocorrelation, which is AMUNDI MSCI 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 MSCI's etf expected returns. We can calculate the autocorrelation of AMUNDI MSCI returns to help us make a trade decision. For example, suppose you find that AMUNDI MSCI 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 MSCI 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 MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMUNDI MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMUNDI MSCI etf over time.
Current vs Lagged Prices
Timeline
AMUNDI MSCI Lagged Returns
When evaluating AMUNDI MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMUNDI MSCI etf have on its future price. AMUNDI MSCI 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 MSCI autocorrelation shows the relationship between AMUNDI MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in AMUNDI MSCI USA.
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.