Amundi SP (Germany) Price on December 16, 2024
| WELJ Etf | 14.43 0.05 0.35% |
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 14.43, as last reported on the 16th of December 2024, with the highest price reaching 14.43 and the lowest price hitting 14.33 during the day. Amundi SP appears to be very steady, given 3 months investment horizon. Amundi SP Global secures Sharpe Ratio (or Efficiency) of 0.34, which signifies that the etf had a 0.34% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amundi SP Global, which you can use to evaluate the volatility of the entity. Please makes use of Amundi SP's Risk Adjusted Performance of 0.244, downside deviation of 0.7823, and Mean Deviation of 0.832 to double-check if our risk estimates are consistent with your expectations.
Amundi Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Amundi |
Sharpe Ratio = 0.3422
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WELJ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average Amundi SP is performing at about 26% of its full potential. 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 it to a well-diversified portfolio.
Amundi SP Valuation on December 16, 2024
It is possible to determine the worth of Amundi SP on a given historical date. On December 16, 2024 Amundi was worth 14.4 at the beginning of the trading date compared to the closed value of 14.43. 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 | |
| 14.40 | 14.43 | 14.33 | 14.43 | 3,506 | |
12/16/2024 | 14.40 | 14.43 | 14.33 | 14.43 | 0.00 |
| Backtest Amundi SP | | | Amundi SP History | Previous |
Amundi SP Trading Date Momentum on December 16, 2024
| On December 16 2024 Amundi SP Global was traded for 14.43 at the closing time. The highest price during the trading period was 14.43 and the lowest recorded bid was listed for 14.33 . There was no trading activity during the period 0.0. Lack of trading volume on December 16, 2024 did not affect price variability. The overall trading delta to the current price is 0.21% . |
Price Boundaries
Amundi SP Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Amundi SP Global cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Amundi SP December 16, 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.