Amundi SA (France) Market Value
| AMUN Stock | EUR 61.65 1.35 2.24% |
| Symbol | Amundi |
Amundi SA '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 SA's stock 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 SA.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Amundi SA on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Amundi SA or generate 0.0% return on investment in Amundi SA over 540 days. Amundi SA is related to or competes with Teleperformance, Eurofins Scientific, and Sartorius Stedim. The company provides a range of retail products and solutions through quasi-exclusive distribution agreements with the r... More
Amundi SA 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 SA's stock 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 SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.16 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 2.28 |
Amundi SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi SA's standard deviation. In reality, there are many statistical measures that can use Amundi SA historical prices to predict the future Amundi SA's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.7804 |
Amundi SA Backtested Returns
Amundi SA secures Sharpe Ratio (or Efficiency) of -0.0772, which signifies that the company had a -0.0772% return per unit of risk over the last 3 months. Amundi SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amundi SA's Standard Deviation of 1.67, risk adjusted performance of (0.06), and Mean Deviation of 1.25 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amundi SA are expected to decrease at a much lower rate. During the bear market, Amundi SA is likely to outperform the market. At this point, Amundi SA has a negative expected return of -0.13%. Please make sure to confirm Amundi SA's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Amundi SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Amundi SA has average predictability. Overlapping area represents the amount of predictability between Amundi SA time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 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 SA price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Amundi SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 12.05 |
Amundi SA lagged returns against current returns
Autocorrelation, which is Amundi SA stock'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 SA's stock expected returns. We can calculate the autocorrelation of Amundi SA returns to help us make a trade decision. For example, suppose you find that Amundi SA has exhibited high autocorrelation historically, and you observe that the stock 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 SA 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 SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi SA stock over time.
Current vs Lagged Prices |
| Timeline |
Amundi SA Lagged Returns
When evaluating Amundi SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi SA stock have on its future price. Amundi SA 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 SA autocorrelation shows the relationship between Amundi SA stock current value and its past values and can show if there is a momentum factor associated with investing in Amundi SA.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Amundi Stock
Amundi SA financial ratios help investors to determine whether Amundi Stock 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 SA security.