Amundi Index (France) Price on April 16, 2024
| EMSRI Etf | 49.19 0.34 0.70% |
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 Index stands at 49.19, as last reported on the 28th of May, with the highest price reaching 49.19 and the lowest price hitting 49.10 during the day. We consider Amundi Index very steady. Amundi Index MSCI secures Sharpe Ratio (or Efficiency) of 0.0958, which signifies that the etf had a 0.0958% return per unit of risk over the last 3 months. We have found thirty technical indicators for Amundi Index MSCI, which you can use to evaluate the volatility of the entity. Please confirm Amundi Index's Mean Deviation of 0.6308, downside deviation of 0.7522, and Risk Adjusted Performance of 0.0473 to double-check if the risk estimate we provide is consistent with the expected return of 0.0759%.
Amundi Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Amundi |
Sharpe Ratio = 0.0958
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Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Amundi Index is performing at about 7% 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 Index by adding it to a well-diversified portfolio.
Amundi Index Valuation on April 16, 2024
It is possible to determine the worth of Amundi Index on a given historical date. On April 16, 2024 Amundi was worth 46.79 at the beginning of the trading date compared to the closed value of 46.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amundi Index etf. Still, in general, we apply an absolute valuation method to find Amundi Index'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 Index where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amundi Index's related companies.
| Open | High | Low | Close | Volume | |
| 47.82 | 47.82 | 47.59 | 47.59 | 16,401 | |
04/16/2024 | 46.79 | 46.79 | 46.55 | 46.67 | 7,252 |
| 46.65 | 46.65 | 46.32 | 46.32 | 7,348 |
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Amundi Index Trading Date Momentum on April 16, 2024
| On April 17 2024 Amundi Index MSCI was traded for 46.32 at the closing time. The highest price during the trading period was 46.65 and the lowest recorded bid was listed for 46.32 . The volume for the day was 7.3 K. This history from April 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.75% . The overall trading delta to the current price is 1.78% . |
Price Boundaries
Amundi Index Period Price Range
Low | April 16, 2024
| High |
46.79 | 46.67 |
Amundi Index May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Amundi Index 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 Index shares will generate the highest return on investment. By undertsting and applying Amundi Index etf market strength indicators, traders can identify Amundi Index MSCI entry and exit signals to maximize returns
Amundi Index Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amundi Index'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.
| Risk Adjusted Performance | 0.0473 | |||
| Jensen Alpha | 0.0362 | |||
| Total Risk Alpha | (0.001) | |||
| Sortino Ratio | 0.0157 | |||
| Treynor Ratio | 0.1388 |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.