Lyxor SP (France) Market Value
| DSP5 Etf | EUR 5.87 0.08 1.34% |
| Symbol | Lyxor |
Please note, there is a significant difference between Lyxor SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lyxor SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lyxor SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Lyxor SP '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 Lyxor SP'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 Lyxor SP.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Lyxor SP on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Lyxor SP 500 or generate 0.0% return on investment in Lyxor SP over 180 days. Lyxor SP is related to or competes with Amundi Index, Manitou BF, Ekinops SA, Orapi SA, Memscap Regpt, and Malteries Franco. The Lyxor Daily Double Short SP 500 UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark... More
Lyxor SP 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 Lyxor SP'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 Lyxor SP 500 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.65 |
Lyxor SP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lyxor SP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lyxor SP's standard deviation. In reality, there are many statistical measures that can use Lyxor SP historical prices to predict the future Lyxor SP's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.1119 |
Lyxor SP 500 Backtested Returns
Lyxor SP 500 has Sharpe Ratio of -0.0484, which conveys that the entity had a -0.0484% return per unit of risk over the last 3 months. Lyxor SP exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lyxor SP's Standard Deviation of 0.9711, risk adjusted performance of (0.02), and Mean Deviation of 0.7081 to check out the risk estimate we provide. The etf secures a Beta (Market Risk) of -0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lyxor SP are expected to decrease at a much lower rate. During the bear market, Lyxor SP is likely to outperform the market.
Auto-correlation | 0.05 |
Virtually no predictability
Lyxor SP 500 has virtually no predictability. Overlapping area represents the amount of predictability between Lyxor SP time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Lyxor SP 500 price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Lyxor SP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lyxor SP 500 lagged returns against current returns
Autocorrelation, which is Lyxor SP 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 Lyxor SP's etf expected returns. We can calculate the autocorrelation of Lyxor SP returns to help us make a trade decision. For example, suppose you find that Lyxor SP 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 |
Lyxor SP 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 Lyxor SP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lyxor SP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lyxor SP etf over time.
Current vs Lagged Prices |
| Timeline |
Lyxor SP Lagged Returns
When evaluating Lyxor SP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lyxor SP etf have on its future price. Lyxor SP 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, Lyxor SP autocorrelation shows the relationship between Lyxor SP etf current value and its past values and can show if there is a momentum factor associated with investing in Lyxor SP 500.
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 Lyxor Etf
Lyxor SP financial ratios help investors to determine whether Lyxor 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 Lyxor with respect to the benefits of owning Lyxor SP security.