Amundi SP One Year Return vs. Equity Positions Weight
| BYBU Etf | USD 336.85 13.25 4.09% |
For Amundi SP profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Amundi SP to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Amundi SP 500 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Amundi SP's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Amundi SP 500 over time as well as its relative position and ranking within its peers.
Amundi |
Amundi SP 500 Equity Positions Weight vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Amundi SP's current stock value. Our valuation model uses many indicators to compare Amundi SP value to that of its competitors to determine the firm's financial worth. Amundi SP 500 is second largest ETF in one year return as compared to similar ETFs. It also is second largest ETF in equity positions weight as compared to similar ETFs making about 15.08 of Equity Positions Weight per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value Amundi SP by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Amundi SP's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Amundi Equity Positions Weight vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Amundi SP |
| = | 6.63 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Amundi SP |
| = | 100.00 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Amundi Equity Positions Weight Comparison
Amundi SP is currently under evaluation in equity positions weight as compared to similar ETFs.
Amundi SP Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Amundi SP, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Amundi SP will eventually generate negative long term returns. The profitability progress is the general direction of Amundi SP's change in net profit over the period of time. It can combine multiple indicators of Amundi SP, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
To track the performance of SP 500 Buyback Index, and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index. AMUNDI SP is traded on Paris Stock Exchange in France.
Amundi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Amundi SP. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Amundi SP position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Amundi SP's important profitability drivers and their relationship over time.
| One Year Return vs Price To Earning | ||
| Price To Book vs Equity Positions Weight | ||
| One Year Return vs Price To Sales |
Use Amundi SP in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amundi SP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amundi SP will appreciate offsetting losses from the drop in the long position's value.Amundi SP Pair Trading
Amundi SP 500 Pair Trading Analysis
The ability to find closely correlated positions to Amundi SP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amundi SP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amundi SP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amundi SP 500 to buy it.
The correlation of Amundi SP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amundi SP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amundi SP 500 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amundi SP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Amundi SP position
In addition to having Amundi SP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Construction Thematic Idea Now
Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Theme or any other thematic opportunities.
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Other Information on Investing in Amundi Etf
To fully project Amundi SP's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Amundi SP 500 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Amundi SP's income statement, its balance sheet, and the statement of cash flows.