Amundi Physical's market value is the price at which a share of Amundi Physical trades on a public exchange. It measures the collective expectations of Amundi Physical Gold investors about its performance. Amundi Physical is trading at 100.15 as of the 23rd of December 2024, a 0.20% increase since the beginning of the trading day. The stock's lowest day price was 99.73. With this module, you can estimate the performance of a buy and hold strategy of Amundi Physical Gold and determine expected loss or profit from investing in Amundi Physical over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Amundi
Amundi Physical '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 Physical's stock 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 Physical.
0.00
04/27/2024
No Change 0.00
0.0
In 7 months and 28 days
12/23/2024
0.00
If you would invest 0.00 in Amundi Physical on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi Physical Gold or generate 0.0% return on investment in Amundi Physical over 240 days.
Amundi Physical 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 Physical's stock 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 Physical Gold upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi Physical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi Physical's standard deviation. In reality, there are many statistical measures that can use Amundi Physical historical prices to predict the future Amundi Physical's volatility.
At this point, Amundi Physical is very steady. Amundi Physical Gold secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Amundi Physical Gold, which you can use to evaluate the volatility of the firm. Please confirm Amundi Physical's Downside Deviation of 0.968, risk adjusted performance of 0.1525, and Mean Deviation of 0.6225 to double-check if the risk estimate we provide is consistent with the expected return of 0.0995%. Amundi Physical has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0377, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amundi Physical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi Physical is expected to be smaller as well. Amundi Physical Gold right now shows a risk of 0.91%. Please confirm Amundi Physical Gold maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Amundi Physical Gold will be following its price patterns.
Auto-correlation
0.46
Average predictability
Amundi Physical Gold has average predictability. Overlapping area represents the amount of predictability between Amundi Physical time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Physical Gold price movement. The serial correlation of 0.46 indicates that about 46.0% of current Amundi Physical price fluctuation can be explain by its past prices.
Correlation Coefficient
0.46
Spearman Rank Test
0.53
Residual Average
0.0
Price Variance
15.75
Amundi Physical Gold lagged returns against current returns
Autocorrelation, which is Amundi Physical stock'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 Physical's stock expected returns. We can calculate the autocorrelation of Amundi Physical returns to help us make a trade decision. For example, suppose you find that Amundi Physical has exhibited high autocorrelation historically, and you observe that the stock 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 Physical 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 Physical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi Physical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi Physical stock over time.
Current vs Lagged Prices
Timeline
Amundi Physical Lagged Returns
When evaluating Amundi Physical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi Physical stock have on its future price. Amundi Physical 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 Physical autocorrelation shows the relationship between Amundi Physical stock current value and its past values and can show if there is a momentum factor associated with investing in Amundi Physical Gold.
Regressed Prices
Timeline
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