Amundi Stoxx Europe Etf Fundamentals
| MEUD Etf | EUR 240.09 0.93 0.39% |
Amundi Stoxx Europe fundamentals help investors to digest information that contributes to Amundi Stoxx'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 Stoxx'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 Stoxx etf.
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Amundi Stoxx Europe ETF Price To Book Analysis
Amundi Stoxx's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Amundi Stoxx Price To Book | 1.70 X |
Most of Amundi Stoxx's fundamental indicators, such as Price To Book, 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 Stoxx Europe is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Amundi Stoxx Europe has a Price To Book of 1.7 times. This is much higher than that of the Lyxor International Asset Management S.A.S. family and significantly higher than that of the Price To Book category. The price to book for all France etfs is notably lower than that of the firm.
Amundi Stoxx Europe Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Amundi Stoxx's current stock value. Our valuation model uses many indicators to compare Amundi Stoxx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Amundi Stoxx competition to find correlations between indicators driving Amundi Stoxx's intrinsic value. More Info.Amundi Stoxx Europe is rated number one ETF in price to earning as compared to similar ETFs. It is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.10 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Amundi Stoxx Europe is roughly 9.75 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Amundi Stoxx by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Amundi Stoxx's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Amundi Stoxx's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Amundi Stoxx
The fund invests 99.93% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Amundi Stoxx's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Amundi Fundamentals
| Price To Earning | 16.58 X | |||
| Price To Book | 1.70 X | |||
| Price To Sales | 1.11 X | |||
| Total Asset | 1.13 B | |||
| One Year Return | 4.75 % | |||
| Three Year Return | 8.85 % | |||
| Five Year Return | 5.64 % | |||
| Net Asset | 1.13 B | |||
| Equity Positions Weight | 99.93 % |
About Amundi Stoxx Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amundi Stoxx Europe's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amundi Stoxx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amundi Stoxx Europe 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.The Lyxor STOXX Europe 600 - UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index Stoxx Europe 600 Net Return EUR. Lyx Core is traded on Paris Stock Exchange in France.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Amundi Stoxx Europe. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.