Pictet-USA Index (Luxembourg) Fund

LU0130732877   378.41  5.47  1.47%   
Market Performance
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Pictet-USA Index is trading at 378.41 as of the 2nd of February 2023, a 1.47% increase since the beginning of the trading day. The fund's open price was 372.94. Pictet-USA Index has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Pictet-USA Index PUSD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of January 2023 and ending today, the 2nd of February 2023. Click here to learn more.

Pictet-USA Index Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Pictet-USA Index's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pictet-USA Index or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Pictet-USA Index's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUnknown Value

Pictet-USA Index Target Price Odds Analysis

What are Pictet-USA Index's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Pictet-USA Index jumping above the current price in 90 days from now is nearly 4.76%. The Pictet-USA Index PUSD probability density function shows the probability of Pictet-USA Index fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Pictet-USA Index PUSD has a beta of -0.1199. This indicates as returns on benchmark increase, returns on holding Pictet-USA Index are expected to decrease at a much lower rate. During the bear market, however, Pictet-USA Index PUSD is likely to outperform the market. Additionally, the company has an alpha of 0.1037, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 378.41HorizonTargetOdds Above 378.41
95.12%90 days
 378.41 
4.76%
Based on a normal probability distribution, the odds of Pictet-USA Index to move above the current price in 90 days from now is nearly 4.76 (This Pictet-USA Index PUSD probability density function shows the probability of Pictet-USA Fund to fall within a particular range of prices over 90 days) .

Pictet-USA Index PUSD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pictet-USA Index market risk premium is the additional return an investor will receive from holding Pictet-USA Index long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Pictet-USA Index. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Pictet-USA Index's alpha and beta are two of the key measurements used to evaluate Pictet-USA Index's performance over the market, the standard measures of volatility play an important role as well.

Pictet-USA Index Against Markets

Picking the right benchmark for Pictet-USA Index fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pictet-USA Index fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pictet-USA Index is critical whether you are bullish or bearish towards Pictet-USA Index PUSD at a given time.

Pictet-USA Index Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pictet-USA Index fund to make a market-neutral strategy. Peer analysis of Pictet-USA Index could also be used in its relative valuation, which is a method of valuing Pictet-USA Index by comparing valuation metrics with similar companies.
Pictet-USA Index PUSDPIMCO GIS GlobalZest Absolute ReturnCB-Accent Lux BondSchroder InternationalRobeco BP USBlackRock Global FundsBrown Advisory USAXA World FundsAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOne
 Risk & Return  Correlation

Invested in Pictet-USA Index PUSD?

The danger of trading Pictet-USA Index PUSD is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pictet-USA Index is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pictet-USA Index. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pictet-USA Index PUSD is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis. Note that the Pictet-USA Index PUSD information on this page should be used as a complementary analysis to other Pictet-USA Index's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Pictet-USA Fund analysis

When running Pictet-USA Index PUSD price analysis, check to measure Pictet-USA Index's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pictet-USA Index is operating at the current time. Most of Pictet-USA Index's value examination focuses on studying past and present price action to predict the probability of Pictet-USA Index's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Pictet-USA Index's price. Additionally, you may evaluate how the addition of Pictet-USA Index to your portfolios can decrease your overall portfolio volatility.
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