Amundi Sa Stock Market Value
| AMDUF Stock | USD 70.54 0.00 0.00% |
| Symbol | Amundi |
Amundi SA '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 SA's pink sheet 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 SA.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Amundi SA on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Amundi SA or generate 0.0% return on investment in Amundi SA over 30 days. Amundi SA is related to or competes with Flow Capital, and AGF Management. The company provides a range of retail products and solutions through quasi-exclusive distribution agreements with the r... More
Amundi SA 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 SA's pink sheet 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 SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1052 | |||
| Maximum Drawdown | 34.18 |
Amundi SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amundi SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amundi SA's standard deviation. In reality, there are many statistical measures that can use Amundi SA historical prices to predict the future Amundi SA's volatility.| Risk Adjusted Performance | 0.0846 | |||
| Jensen Alpha | 0.4419 | |||
| Total Risk Alpha | 0.0977 | |||
| Treynor Ratio | 2.04 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amundi SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amundi SA Backtested Returns
Amundi SA appears to be very steady, given 3 months investment horizon. Amundi SA secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing Amundi SA's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of Amundi SA's Mean Deviation of 1.06, risk adjusted performance of 0.0846, and Standard Deviation of 3.77 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Amundi SA holds a performance score of 9. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amundi SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amundi SA is expected to be smaller as well. Please check Amundi SA's treynor ratio and rate of daily change , to make a quick decision on whether Amundi SA's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Amundi SA has no correlation between past and present. Overlapping area represents the amount of predictability between Amundi SA time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Amundi SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Amundi SA lagged returns against current returns
Autocorrelation, which is Amundi SA pink sheet'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 SA's pink sheet expected returns. We can calculate the autocorrelation of Amundi SA returns to help us make a trade decision. For example, suppose you find that Amundi SA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 SA 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 SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amundi SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amundi SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Amundi SA Lagged Returns
When evaluating Amundi SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amundi SA pink sheet have on its future price. Amundi SA 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 SA autocorrelation shows the relationship between Amundi SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Amundi SA.
Regressed Prices |
| Timeline |
Pair Trading with Amundi SA
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 SA 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 SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Amundi Pink Sheet
| 0.61 | BX | Blackstone Group Financial Report 18th of July 2024 | PairCorr |
| 0.69 | APO | Apollo Global Management Sell-off Trend | PairCorr |
Moving against Amundi Pink Sheet
| 0.64 | INTC | Intel Earnings Call This Week | PairCorr |
| 0.47 | PFE | Pfizer Inc Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Amundi SA 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 SA 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 SA - 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 SA to buy it.
The correlation of Amundi SA 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 SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amundi SA 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 SA 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 Amundi SA Correlation, Amundi SA Volatility and Amundi SA Alpha and Beta module to complement your research on Amundi SA. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Amundi Pink Sheet analysis
When running Amundi SA's price analysis, check to measure Amundi SA'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 Amundi SA is operating at the current time. Most of Amundi SA's value examination focuses on studying past and present price action to predict the probability of Amundi SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amundi SA's price. Additionally, you may evaluate how the addition of Amundi SA to your portfolios can decrease your overall portfolio volatility.
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Amundi SA technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.