Amundi SP (Germany) Price on June 17, 2024
| WELI Etf | 11.97 0.09 0.75% |
If you're considering investing in Amundi Etf, it is important to understand the factors that can impact its price. As of today, the current price of Amundi SP stands at 11.97, as last reported on the 17th of December 2024, with the highest price reaching 12.03 and the lowest price hitting 11.97 during the day. Amundi SP Global secures Sharpe Ratio (or Efficiency) of -0.0092, which signifies that the etf had a -0.0092% return per unit of risk over the last 3 months. Amundi SP Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amundi SP's Mean Deviation of 0.6883, standard deviation of 0.8681, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Amundi Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Amundi |
Sharpe Ratio = -0.0092
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| Negative Returns | WELI |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Amundi SP is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Amundi SP by adding Amundi SP to a well-diversified portfolio.
Amundi SP Valuation on June 17, 2024
It is possible to determine the worth of Amundi SP on a given historical date. On June 17, 2024 Amundi was worth 11.9 at the beginning of the trading date compared to the closed value of 11.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amundi SP etf. Still, in general, we apply an absolute valuation method to find Amundi SP's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Amundi SP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amundi SP's related companies.
| Open | High | Low | Close | Volume | |
| 12.01 | 12.01 | 11.91 | 11.92 | 5,635 | |
06/17/2024 | 11.90 | 11.90 | 11.84 | 11.87 | 2,880 |
| 11.93 | 11.99 | 11.92 | 11.94 | 27,274 |
| Backtest Amundi SP | | | Amundi SP History | Previous | Next |
Amundi SP Trading Date Momentum on June 17, 2024
| On June 18 2024 Amundi SP Global was traded for 11.94 at the closing time. The highest price during the trading period was 11.99 and the lowest recorded bid was listed for 11.92 . The volume for the day was 27.3 K. This history from June 18, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.59% . The overall trading delta to the current price is 1.01% . |
Price Boundaries
Amundi SP Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
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Amundi SP December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Amundi SP etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amundi SP shares will generate the highest return on investment. By undertsting and applying Amundi SP etf market strength indicators, traders can identify Amundi SP Global entry and exit signals to maximize returns
Amundi SP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amundi SP's price direction in advance. Along with the technical and fundamental analysis of Amundi Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amundi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.