Amundi MSCI (France) Market Value
| CG9 Etf | EUR 324.85 4.60 1.44% |
| Symbol | Amundi |
Amundi MSCI '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 MSCI's etf 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 MSCI.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Amundi MSCI on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi MSCI Europe or generate 0.0% return on investment in Amundi MSCI over 90 days. Amundi MSCI is related to or competes with Amundi ETF, Amundi MSCI, Amundi Index, Amundi Index, and Amundi Index. To track the performance of MSCI Europe Growth Index, and to minimize the tracking error between the net asset value of ... More
Amundi MSCI 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 MSCI's etf 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 MSCI Europe upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.1261 | |||
| Maximum Drawdown | 4.61 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.42 |
Amundi MSCI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi MSCI's standard deviation. In reality, there are many statistical measures that can use Amundi MSCI historical prices to predict the future Amundi MSCI's volatility.| Risk Adjusted Performance | 0.0155 | |||
| Jensen Alpha | 0.0573 | |||
| Total Risk Alpha | 0.1199 | |||
| Sortino Ratio | 0.1133 | |||
| Treynor Ratio | 0.0123 |
Amundi MSCI Europe Backtested Returns
At this point, Amundi MSCI is very steady. Amundi MSCI Europe secures Sharpe Ratio (or Efficiency) of 0.0264, which signifies that the etf had a 0.0264 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amundi MSCI Europe, which you can use to evaluate the volatility of the entity. Please confirm Amundi MSCI's Downside Deviation of 1.01, mean deviation of 0.6968, and Risk Adjusted Performance of 0.0155 to double-check if the risk estimate we provide is consistent with the expected return of 0.0243%. The etf shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amundi MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi MSCI is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Amundi MSCI Europe has good reverse predictability. Overlapping area represents the amount of predictability between Amundi MSCI time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 MSCI Europe price movement. The serial correlation of -0.51 indicates that about 51.0% of current Amundi MSCI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 36.36 |
Amundi MSCI Europe lagged returns against current returns
Autocorrelation, which is Amundi MSCI etf'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 MSCI's etf expected returns. We can calculate the autocorrelation of Amundi MSCI returns to help us make a trade decision. For example, suppose you find that Amundi MSCI has exhibited high autocorrelation historically, and you observe that the etf 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 MSCI 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 MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi MSCI etf over time.
Current vs Lagged Prices |
| Timeline |
Amundi MSCI Lagged Returns
When evaluating Amundi MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi MSCI etf have on its future price. Amundi MSCI 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 MSCI autocorrelation shows the relationship between Amundi MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in Amundi MSCI Europe.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Etf
Amundi MSCI financial ratios help investors to determine whether Amundi Etf 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 MSCI security.