Amundi ETF (France) Market Value
| CL2 Etf | EUR 25.55 0.47 1.87% |
| Symbol | Amundi |
Amundi ETF '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 ETF'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 ETF.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Amundi ETF on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi ETF Leveraged or generate 0.0% return on investment in Amundi ETF over 30 days. Amundi ETF is related to or competes with Lyxor UCITS, Lyxor UCITS, Lyxor UCITS, and Amundi Index. The investment seeks to track the price and yield performance, before fees and expenses, of the MSCI USA Leveraged 2x st... More
Amundi ETF 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 ETF'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 ETF Leveraged upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.1971 | |||
| Maximum Drawdown | 11.68 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 2.13 |
Amundi ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi ETF's standard deviation. In reality, there are many statistical measures that can use Amundi ETF historical prices to predict the future Amundi ETF's volatility.| Risk Adjusted Performance | 0.1851 | |||
| Jensen Alpha | 0.3294 | |||
| Total Risk Alpha | 0.278 | |||
| Sortino Ratio | 0.2218 | |||
| Treynor Ratio | 0.6927 |
Amundi ETF Leveraged Backtested Returns
Amundi ETF appears to be very steady, given 3 months investment horizon. Amundi ETF Leveraged secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the etf had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amundi ETF Leveraged, which you can use to evaluate the volatility of the entity. Please makes use of Amundi ETF's Risk Adjusted Performance of 0.1851, downside deviation of 1.41, and Mean Deviation of 1.01 to double-check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amundi ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi ETF is expected to be smaller as well.
Auto-correlation | -0.65 |
Very good reverse predictability
Amundi ETF Leveraged has very good reverse predictability. Overlapping area represents the amount of predictability between Amundi ETF time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 ETF Leveraged price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Amundi ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Amundi ETF Leveraged lagged returns against current returns
Autocorrelation, which is Amundi ETF 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 ETF's etf expected returns. We can calculate the autocorrelation of Amundi ETF returns to help us make a trade decision. For example, suppose you find that Amundi ETF 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 ETF 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 ETF etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi ETF etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi ETF etf over time.
Current vs Lagged Prices |
| Timeline |
Amundi ETF Lagged Returns
When evaluating Amundi ETF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi ETF etf have on its future price. Amundi ETF 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 ETF autocorrelation shows the relationship between Amundi ETF etf current value and its past values and can show if there is a momentum factor associated with investing in Amundi ETF Leveraged.
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 Etf
Amundi ETF 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 ETF security.