Amundi PEA (France) Market Value
| AWAT Etf | EUR 32.08 0.33 1.02% |
| Symbol | Amundi |
Amundi PEA '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 PEA'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 PEA.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Amundi PEA on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi PEA Eau or generate 0.0% return on investment in Amundi PEA over 30 days. Amundi PEA is related to or competes with Amundi Index, Amundi Index, Amundi MSCI, Amundi Index, Amundi SP, Amundi MSCI, and Amundi Stoxx. The Lyxor PEA Eau UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index World Water... More
Amundi PEA 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 PEA'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 PEA Eau upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7869 | |||
| Information Ratio | 0.0033 | |||
| Maximum Drawdown | 5.02 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.56 |
Amundi PEA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi PEA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi PEA's standard deviation. In reality, there are many statistical measures that can use Amundi PEA historical prices to predict the future Amundi PEA's volatility.| Risk Adjusted Performance | 0.0846 | |||
| Jensen Alpha | 0.0999 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0038 | |||
| Treynor Ratio | (1.24) |
Amundi PEA Eau Backtested Returns
At this point, Amundi PEA is very steady. Amundi PEA Eau secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the etf had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amundi PEA Eau, which you can use to evaluate the volatility of the entity. Please confirm Amundi PEA's Downside Deviation of 0.7869, mean deviation of 0.6823, and Risk Adjusted Performance of 0.0846 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. The etf shows a Beta (market volatility) of -0.0753, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amundi PEA are expected to decrease at a much lower rate. During the bear market, Amundi PEA is likely to outperform the market.
Auto-correlation | -0.54 |
Good reverse predictability
Amundi PEA Eau has good reverse predictability. Overlapping area represents the amount of predictability between Amundi PEA time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 PEA Eau price movement. The serial correlation of -0.54 indicates that about 54.0% of current Amundi PEA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Amundi PEA Eau lagged returns against current returns
Autocorrelation, which is Amundi PEA 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 PEA's etf expected returns. We can calculate the autocorrelation of Amundi PEA returns to help us make a trade decision. For example, suppose you find that Amundi PEA 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 PEA 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 PEA etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi PEA etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi PEA etf over time.
Current vs Lagged Prices |
| Timeline |
Amundi PEA Lagged Returns
When evaluating Amundi PEA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi PEA etf have on its future price. Amundi PEA 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 PEA autocorrelation shows the relationship between Amundi PEA etf current value and its past values and can show if there is a momentum factor associated with investing in Amundi PEA Eau.
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 PEA 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 PEA security.