Amundi Label (Germany) Market Value
| 0P00008W6M | EUR 304.67 1.42 0.47% |
| Symbol | Amundi |
Amundi Label '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 Label's fund 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 Label.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Amundi Label on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi Label Actions or generate 0.0% return on investment in Amundi Label over 30 days. Le Fonds AMUNDI LABEL ACTIONS EUROLAND ESR est nourricier du Fonds Amundi Euro Equity ESR galement class en Actions de p... More
Amundi Label 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 Label's fund 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 Label Actions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.757 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 3.37 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 0.887 |
Amundi Label Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi Label's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi Label's standard deviation. In reality, there are many statistical measures that can use Amundi Label historical prices to predict the future Amundi Label's volatility.| Risk Adjusted Performance | 0.0317 | |||
| Jensen Alpha | 0.0201 | |||
| Total Risk Alpha | (0.0004) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 1.39 |
Amundi Label Actions Backtested Returns
At this point, Amundi Label is very steady. Amundi Label Actions secures Sharpe Ratio (or Efficiency) of 0.0303, which signifies that the fund had a 0.0303% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Amundi Label Actions, which you can use to evaluate the volatility of the entity. Please confirm Amundi Label's Mean Deviation of 0.5899, risk adjusted performance of 0.0317, and Downside Deviation of 0.757 to double-check if the risk estimate we provide is consistent with the expected return of 0.0213%. The fund shows a Beta (market volatility) of 0.0147, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amundi Label's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi Label is expected to be smaller as well.
Auto-correlation | -0.46 |
Modest reverse predictability
Amundi Label Actions has modest reverse predictability. Overlapping area represents the amount of predictability between Amundi Label time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Label Actions price movement. The serial correlation of -0.46 indicates that about 46.0% of current Amundi Label price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
Amundi Label Actions lagged returns against current returns
Autocorrelation, which is Amundi Label fund'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 Label's fund expected returns. We can calculate the autocorrelation of Amundi Label returns to help us make a trade decision. For example, suppose you find that Amundi Label has exhibited high autocorrelation historically, and you observe that the fund 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 Label 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 Label fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi Label fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi Label fund over time.
Current vs Lagged Prices |
| Timeline |
Amundi Label Lagged Returns
When evaluating Amundi Label's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi Label fund have on its future price. Amundi Label 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 Label autocorrelation shows the relationship between Amundi Label fund current value and its past values and can show if there is a momentum factor associated with investing in Amundi Label Actions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Amundi Fund
Amundi Label financial ratios help investors to determine whether Amundi Fund 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 Label security.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |