Amundi ETF (France) Price on August 28, 2023

PAASI Etf   24.54  0.04  0.16%   
If you're considering investing in Amundi Etf, it is important to understand the factors that can impact its price. As of today, the current price of Amundi ETF stands at 24.54, as last reported on the 4th of December, with the highest price reaching 24.87 and the lowest price hitting 24.42 during the day. Currently, Amundi ETF PEA is very steady. Amundi ETF PEA secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine 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 1.31, mean deviation of 0.8993, and Risk Adjusted Performance of 0.0909 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%.
  
Amundi Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1319

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Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Amundi ETF is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Amundi ETF by adding it to a well-diversified portfolio.

Amundi ETF Valuation on August 28, 2023

It is possible to determine the worth of Amundi ETF on a given historical date. On August 28, 2023 Amundi was worth 21.17 at the beginning of the trading date compared to the closed value of 21.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amundi ETF etf. Still, in general, we apply an absolute valuation method to find Amundi ETF's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Amundi ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amundi ETF's related companies.
 Open High Low Close Volume
  21.05    21.14    20.95    21.04    18,752  
08/28/2023
  21.17    21.32    21.14    21.31    20,034  
  21.36    21.50    21.32    21.48    11,317  
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Open Value
21.17
21.31
Closing Value
24.94
Upside

Amundi ETF Trading Date Momentum on August 28, 2023

On August 29 2023 Amundi ETF PEA was traded for  21.48  at the closing time. The highest price during the trading period was 21.50  and the lowest recorded bid was listed for  21.32 . The volume for the day was 11.3 K. This history from August 29, 2023 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 0.80% . The overall trading delta to the current price is 0.33% .

Price Boundaries

Amundi ETF Period Price Range

Low
December 4, 2024
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High

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Amundi ETF PEA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Amundi ETF December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Amundi ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amundi ETF shares will generate the highest return on investment. By undertsting and applying Amundi ETF etf market strength indicators, traders can identify Amundi ETF PEA entry and exit signals to maximize returns

Amundi ETF Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Amundi ETF's price direction in advance. Along with the technical and fundamental analysis of Amundi Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amundi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.