Amundi Msci Emerging Etf Net Asset
| CBMEM Etf | CHF 41.79 0.45 1.09% |
Amundi MSCI Emerging fundamentals help investors to digest information that contributes to Amundi MSCI's financial success or failures. It also enables traders to predict the movement of Amundi Etf. The fundamental analysis module provides a way to measure Amundi MSCI's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amundi MSCI etf.
Amundi |
Amundi MSCI Emerging ETF Net Asset Analysis
Amundi MSCI's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Amundi MSCI Net Asset | 355.71 M |
Most of Amundi MSCI's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amundi MSCI Emerging is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Amundi MSCI Emerging has a Net Asset of 355.71 M. This is much higher than that of the Commerz Funds Solutions SA family and significantly higher than that of the Net Asset category. The net asset for all Switzerland etfs is notably lower than that of the firm.
Amundi Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amundi MSCI's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Amundi MSCI could also be used in its relative valuation, which is a method of valuing Amundi MSCI by comparing valuation metrics of similar companies.Amundi MSCI is fourth largest ETF in net asset as compared to similar ETFs.
Amundi Fundamentals
| Price To Earning | 12.72 X | |||
| Price To Book | 1.37 X | |||
| Price To Sales | 1.17 X | |||
| Total Asset | 355.71 M | |||
| One Year Return | (10.59) % | |||
| Three Year Return | 15.37 % | |||
| Five Year Return | 4.54 % | |||
| Net Asset | 355.71 M | |||
| Last Dividend Paid | 0.93 |
About Amundi MSCI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amundi MSCI Emerging's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amundi MSCI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amundi MSCI Emerging based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Amundi MSCI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amundi MSCI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amundi MSCI will appreciate offsetting losses from the drop in the long position's value.Moving together with Amundi Etf
| 0.92 | JPNJPA | UBSFund Solutions MSCI | PairCorr |
| 0.98 | VUSA | Vanguard SP 500 | PairCorr |
| 0.85 | CSNKY | iShares VII PLC | PairCorr |
| 0.9 | CSSPX | iShares Core SP | PairCorr |
| 0.92 | LYJPN | Lyxor Japan UCITS | PairCorr |
The ability to find closely correlated positions to Amundi MSCI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amundi MSCI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amundi MSCI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amundi MSCI Emerging to buy it.
The correlation of Amundi MSCI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amundi MSCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amundi MSCI Emerging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amundi MSCI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amundi MSCI Emerging. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.