Amundi 3 (Germany) Market Value
| 0P000161X6 | EUR 105.33 0.01 0.01% |
| Symbol | Amundi |
Amundi 3 '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 3'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 3.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Amundi 3 on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi 3 Mois or generate 0.0% return on investment in Amundi 3 over 60 days. Amundi 3 is related to or competes with Xtrackers ShortDAX, Xtrackers LevDAX, and Lyxor 1. Lobjectif de gestion, sur un horizon de placement de 3 mois minimum, est de raliser une performance suprieure celle de l... More
Amundi 3 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 3'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 3 Mois upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.24) | |||
| Maximum Drawdown | 0.0287 | |||
| Potential Upside | 0.0286 |
Amundi 3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi 3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi 3's standard deviation. In reality, there are many statistical measures that can use Amundi 3 historical prices to predict the future Amundi 3's volatility.| Risk Adjusted Performance | 0.2954 | |||
| Total Risk Alpha | 0.0026 |
Amundi 3 Mois Backtested Returns
At this point, Amundi 3 is very steady. Amundi 3 Mois secures Sharpe Ratio (or Efficiency) of 1.59, which signifies that the fund had a 1.59% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Amundi 3 Mois, which you can use to evaluate the volatility of the entity. Please confirm Amundi 3's Variance of 1.0E-4, risk adjusted performance of 0.2954, and Coefficient Of Variation of 60.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.0127%. The fund shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Amundi 3 are completely uncorrelated.
Auto-correlation | 0.98 |
Excellent predictability
Amundi 3 Mois has excellent predictability. Overlapping area represents the amount of predictability between Amundi 3 time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. 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 3 Mois price movement. The serial correlation of 0.98 indicates that 98.0% of current Amundi 3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.98 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Amundi 3 Mois lagged returns against current returns
Autocorrelation, which is Amundi 3 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 3's fund expected returns. We can calculate the autocorrelation of Amundi 3 returns to help us make a trade decision. For example, suppose you find that Amundi 3 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 3 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 3 fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi 3 fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi 3 fund over time.
Current vs Lagged Prices |
| Timeline |
Amundi 3 Lagged Returns
When evaluating Amundi 3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi 3 fund have on its future price. Amundi 3 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 3 autocorrelation shows the relationship between Amundi 3 fund current value and its past values and can show if there is a momentum factor associated with investing in Amundi 3 Mois.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Amundi Fund
Amundi 3 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 3 security.
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